InvestX Master GP1 (InvestX) has launched a new growth equity fund that will accept both traditional and digital currency. The fund will be available to accredited investors in the US and internationally.
The fund marks a significant opportunity for digital currency investors to both de-risk their portfolio and capture some of their gains (and potentially, significant gains for early adopters) by diversifying into pre-IPO global companies.
InvestX provides advisers and their clients with access to investments in late-stage private companies. In addition to its individual offerings, the InvestX four-year fund will provide further diversification, investing in private companies that meet the same, specific investment criteria as the individual investments – at least USD1 billion in valuation, a growth rate of 40 per cent or greater, and evidence of a potential liquidity event in 12 to 36 months.
“We recognise that this is an unprecedented time for crypto currency,” says Marcus New (pictured), founder and CEO of InvestX. “At the same time, we also recognise the inherent risk that exists in the space, particularly for those investors with portfolios weighing heavily, and in some cases, solely in digital currency. Our aim is to provide access to additional investment opportunities for those with crypto holdings, while at the same time, providing these globally-minded investors with preferential access to positions in pre-IPO global companies.”