NEW YORK, September 22, 2015 – On Tuesday, September 22nd, 2015, Fundbase has brought a step-change to hedge fund investing by making hedge funds investable online and releasing a first version of its portfolio management tool.
On their one year anniversary, Fundbase, the world’s most engaged alternative investment community, has made its first batch of hedge funds investable online. Its rapidly growing community of +2,000 investors has already connected thousands of times to the community of +11,000 hedge fund managers.
Fundbase has released two new features, which complement its existing suit of tools for discovering, analyzing and connecting with hedge funds. This comprehensive suite of functionality allows investors to facilitate the entire investment lifecycle within one modern application.
The Investable Shelf is the place on Fundbase where hedge funds are investable online. On top of full online subscriptions and complementary independent 3rd party verification on the funds, Fundbase handles the complete subscription administration for global hedge funds and investors. Online investable Funds on Fundbase show transparency on notable investors, have their investment minimums reduced and no fees on top. Fundbase expects that each month at least 5-10 new funds will become directly investable on Fundbase.
“Every investable fund on Fundbase will be verified by CastleHall Alternatives our independent Due Diligence partner.” said Anthony Capone, CEO at Fundbase. “This trusted 3rd party assessment is made free of charge to all investors in the Fundbase community. Our model is quite simple. We make hedge funds seamlessly investable online for all accredited investors without any additional fees and with complete transparency.”
The Portfolio Tool allows investors to model their online investments in one place with their existing hedge fund positions and watch lists, helping them to track overall portfolio performance and model potential future investments. This tool marks another key step in Fundbase’ plan to bring the complete investment value chain online for everybody.
This morning the company will host a webinar, where these online investable funds and their terms will be discussed in great detail. Registration for this webinar can be done at JoinFundbaseWebinar.
Fundbase (www.fundbase.com) has developed a modern approach to asset allocation. After launching in September 2014 as a Swiss regulated Broker Dealer, Fundbase focused on building a compliant community of active fund managers and investors. In the 12 months since launching, Fundbase has grown to over 2,000 qualified active users and over 11,000 hedge funds. More than 2,000 introductions have been made between qualified investors and managers directly on the Fundbase platform.
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