Bite Investments, a digital asset manager and fintech company specialised in alternative investments, has launched the Bite Private Markets Portfolio, offering investors the opportunity to access a diversified allocation to alternatives with one investment.
From this week, investors can get diversified exposure across investments strategies, geographies, and fund managers in one ticket. The Bite Private Markets Portfolio will allocate capital into 8-10 underlying top-tier funds, assessed and selected by Bite Investments’ expert investment team. The minimum investment size is USD100,000 and the core sectors are: Healthcare, Information Technology, Software, Business Services, Financial Services, Consumer, and Industrials.
“The promise of alternatives is excess of returns in comparison to risk. For far too long, individual investors have not been able to capitalise on this. Through technology, we are now pleased to offer them exceptional access to the best parts of private markets via a single ticket investment”, says Henry Talbot-Ponsonby, Co-Founder and President at Bite Investments.
There has been a profound change in the way companies grow and raise money, by staying private. Their eventual success may never actually be accessible via public markets. This means investors who ignore private markets now, may be limiting their potential for the future.
Not only has there been a growth in in the number of private firms, but since 2000, buyout asset value has grown 3.5 faster than public equity market capitalisation, according to Bain’s Global Private Equity Report 2020.
“Historically, individual investors have neither had access to top fund managers, nor have they been able to reap the benefits and value created as companies stay private for longer. Tomorrow’s unicorns may never even go public,” says Anna Barath, Investment Director at Bite Investments.