StashAway, family office firm to offer clients with more investment options
ACP clients can invest in private equity managers such as KKR, SilverLake, and Khosla Ventures.
StashAway has teamed up with Aument Capital Partners (ACP), a tech-focused family office to enable ACP clients to invest in funds from world-class private equity managers.
ACP will leverage StashAway’s private market offering to enable clients to invest in private equity managers such as KKR, SilverLake, and Khosla Ventures, the joint announcement said.
StashAway and ACP are also collaborating to alleviate pre-funding. To mitigate the risk of capital call defaults, private market funds often require investors to put down significant sums of capital, which may be held in reserve for years before being invested.
Through the partnership, ACP clients will be able to use existing investment assets as collateral, thereby minimizing pre-funding and wasted opportunity and costs related to excess idle funds.
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"Even as private markets become increasingly integral to the global economy, many investors remain underinvested and under-diversified in this aspect. Our collaboration with Aument Capital Partners is a significant step towards simplifying access to such investment opportunities.” said Michele Ferrario, CEO and co-founder of StashAway.
“Now, investors can navigate private markets in a way that’s right for them – with the trusted expertise of their family office, facilitated by the StashAway platform,” Ferrario said.