Aument Capital Partners and StashAway Join Forces to Further Democratise Access to Private Market Investments
SINGAPORE, 26 July 2023 — Aument Capital Partners (ACP), a technology-focused, family office for entrepreneurs, and StashAway, a leading investment platform, are thrilled to announce a collaboration that will go towards democratising access to private market investments. Through this partnership, ACP will leverage StashAway's private market offering, enabling their clients to invest in funds from world-class private equity managers, including KKR, SilverLake, and Khosla Ventures.
Private equity (PE) and venture capital (VC) have emerged as compelling alternative investments. On average, PE outperformed public equities by 4.4 percentage points per year, with the outperformance increasing to 6.6 percentage points during the bear market periods of 2002-2003 and 2008-2009. However, PE or VC funds often have high capital requirements ranging from $250,000 USD to $1 million USD per fund, making it challenging to gain diversified exposure to private markets.
With a shared commitment to putting clients’ interests first, ACP and StashAway have collaborated to lower the barriers to entry for private equity investing. Tapping on StashAway’s offering, the partnership will offer ACP’s clients wider access to private markets, allowing them to build a diversified portfolio of 5 to 7 funds from as low as $50,000 USD.
Commenting on this transformative collaboration, Dominic Schacher, CEO of Aument Capital Partners, stated, "We are excited to join forces with StashAway, as our shared investment philosophy and dedication to maximizing value for our clients align perfectly. This partnership empowers us to modernize family wealth management by combining our deep understanding of complex client needs with StashAway's exceptional technology-driven approach."
Michele Ferrario, CEO and Co-founder of StashAway, added, "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. 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.”
ACP and StashAway will also collaborate to alleviate the need for excessive 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, clients will be able to use existing investment assets as collateral, thereby minimising pre-funding and the opportunity costs associated with excess idle funds.
This partnership signifies a milestone in the world of wealth management, as it marries the expertise of a family office with the innovation of a fintech platform. Combining ACP's tailored wealth management services with StashAway's user-centric platform and seamless access to top-tier funds, this joint offering presents a comprehensive package for investors seeking customised wealth management solutions.
StashAway’s PE and VC investment solutions are also a part of StashAway Reserve, an offering designed specifically for Accredited Investors. StashAway Reserve offers access to PE, VC, angel investing, crypto, and wealth advisory services.
About Aument Capital Partners
Aument Capital Partners (ACP) is a leading investment planning firm specializing in family wealth management. With a strong focus on personalized and holistic financial strategies, ACP serves high-net-worth individuals, family offices, and institutional clients, ensuring the preservation and growth of generational wealth. For more information, please visit https://www.aument-capital.com/
StashAway is an investment platform that offers investment portfolios and wealth management solutions for both retail investors and high-net-worth individuals (HNWIs) and operates in Singapore, Malaysia, the Middle East and North Africa, Hong Kong, and Thailand.
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