Capital Finance International – CFI, a print journal and online resource reporting on business, economics and finance, recognises Bite as winners for ‘Best Global Alternative Investments Platform (UK)’ in their Alternative Investment Award 2021.
Judges’ remarks: Bite Investments is majority owned by VCP Advisors, a regulated global financial services firm. Alternative investments have become an increasingly attractive option for advisors and high-net-worth investors seeking to diversify their portfolios. Bite is a UK-headquartered company whose workforce — with a balanced mix of backgrounds in tech and wealth management — serves clients across Europe, Asia, North America and the Caymans. This has allowed Bite to develop a platform that facilitates fund access, enhances due diligence and streamlines regulatory compliance. It enables easy onboarding of new clients, using multi-factor authentication and self-certification investor screening. Bite puts all necessary research resources at investors’ fingertips, including access to all key facts and figures, audited records, management presentations and interviews. The investment process has been digitalised, from automated fund allocations to customised reporting functions. The platform helps investors and advisors by removing fund-access roadblocks such as oversubscription, high illiquidity and buy-ins with institutional-level minimums. The funds cover private equity and debt as well as infrastructure and real estate. Bite also works with advisors, asset & wealth managers, private banks and fund managers to digitise their operations, providing private market technology strategies including turnkey white labelling options and bespoke technology solutions. The CFI.co judging panel declares Bite Investments winner of the 2021 award for Best Global Alternative Investments Platform (UK).