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Pomona Investment Fund now on iCapital Marketplace

Pomona Capital, a global private equity firm specializing in secondaries investing, along with Voya Investment Management, the asset management business of Voya Financial, Inc. (“Voya”), announced today it has expanded its partnership with iCapital1, a leading global fintech platform driving access and efficiency in alternative investing, with the addition of the Pomona Investment Fund (“PIF” or the “Fund”) to the iCapital Marketplace.

iCapital Marketplace makes it even easier for investors to access the Fund. PIF, distributed by Voya, is a U.S. registered investment company designed to offer accredited investors a single access point to a broad and diversified portfolio of private equity investments.

A majority of PIF’s investments are in secondary interests and, like Pomona Capital’s traditional institutional private equity offerings, it is focused on long-term capital appreciation with enhanced liquidity and a lower risk profile. For a copy of the Fund’s prospectus and performance information, visit www.pomonainvestmentfund.com.

“Providing easier access to private equity was our goal when we designed and launched Pomona Investment Fund in 2015,” said Michael Granoff, CEO and Founder of Pomona Capital. “We are excited to expand our partnership with iCapital and provide wealth managers and their clients access to PIF through Marketplace, a more streamlined and efficient solution.”

The iCapital Marketplace connects financial advisors and their clients with a broad array of alternative investment offerings by providing an “all-digital” experience to wealth managers. It aims to bridge the structural divide that has historically prevented advisors from making alternative investments accessible to their clients. The Marketplace features educational tools, such as market insights, webinars, and training modules, while the document center and investment dashboard provides a holistic view of client investments throughout the investment lifecycle.

“Investors have realized that alternatives within their portfolios are more important than ever in order to meet their investment goals. Increasing investor access to strategies, such as PIF, not only helps ‘democratize’ the range of investable strategies available but can potentially lead to better long-term results to meet financial objectives,” said Jake Tuzza, Senior Managing Director and Head of Distribution at Voya Investment Management.

Pomona Capital is one of the earliest pioneers in the secondary space with nearly 30 years of experience providing efficient liquidity solutions for investors needing to sell their private equity interests. Investors traditionally have accessed Pomona’s strategy through its flagship limited partnership vehicles. Through the launch of PIF, Pomona became one of the first fund managers to provide accredited investors with easier access to private equity opportunities by designing a vehicle requiring a lower commitment minimum of $25,000 and an investor-friendly tax reporting structure. Today, PIF has approximately $1.4 billion in assets under management with over 9,000 individual investors.

A webinar for financial advisors working with accredited investors regarding accessing PIF on iCapital Marketplace will be held on November 29, 2023, at 4:00 p.m. ET. For details, please contact Voya Investment Management at [email protected].

Past performance is no guarantee of future results. Investment return and principal value will fluctuate, and shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Returns greater than one year are annualized.

The post Pomona Investment Fund now on iCapital Marketplace first appeared on FinTecBuzz.



This post first appeared on Fintech News, please read the originial post: here

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Pomona Investment Fund now on iCapital Marketplace

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