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March 14, 2022

Voya Investment taps iCapital to bolster access to fund offerings

Voya Investment Management (Voya IM), the asset management business of Voya Financial, has struck a partnership with fintech platform iCapital Network.

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How attractive are current investment opportunities in Europe?

Europe has been identified as one of the most favorable regions for investors, seeing high investment activity in the past year. Most of these investments have been through Debt Offering, valued at close to $700 billion. The region has provided attractive investments in a diverse set of companies. Companies who tend to major themes such Digital Media, Cloud, Artificial Intelligence, E-commerce, and Big Data are recording the highest number of deals, with Digital Media recording close to 2,000 deals. However, GlobalData’s whitepaper offers a full view of the market, analyzing less successful or attractive points of investment as well, examining statistics on Equity Offering investments and PE/VC deals. Understand how government agencies for economies around the world use GlobalData Explorer to:  
  • Track the M&A and Capital Raising volumes into their target market
  • Identify the top sectors in the target market attracting the investments
  • For any investment segment, identify the top Investors inside and outside the target economy that are already investing in the Segment
  • Assess and showcase the growth potential for various Industries in the target economy
Don’t miss out on key market insights that can help optimize your next investment – read the report now.
by GlobalData
Enter your details here to receive your free Report.

Under the alliance, iCapital will offer its customised technology, service and diligence solution to expand access to Voya IM’s alternative and private fund offerings for advisers and their high-net-worth (HNW) clients.

Pomona Investment Fund (PIF), a registered fund vehicle managed by Pomona Capital, will be first fund under the alliance to be enhanced by iCapital.

The subscription, administration, operational and reporting processes for the fund will be streamlined digitally by iCapital.

Pomona Capital CEO Michael Granoff said: “As investors look to diversify their portfolios, providing access to PIF via a streamlined and efficient solution makes it easier to invest in private equity, leading to an improved experience for everyone involved in the investment process.”

As of January 2022, PIF managed approximately $550m in assets.

The fund provides accredited investors with enhanced access to private equity opportunities with a $25,000 minimum subscription requirement.

Majority of its investments are said to be secondary interests in private equity funds with a focus on primary and direct commitments.

PIF’s strategy, similar to other institutional offerings provided by Pomona Capital, targets long-term capital appreciation linked to private equity.

It also seeking to cut down the risks in connection with private equity investing.

Last week, Capital finalised a deal to buy an alternative investment feeder fund platform from Stifel Financial.

In December last year, iCapital raised a $50m in a funding round to bolster its platform technology, build out the breadth of strategies and expand product types on its alternative investment menu.

Free Report
img

How attractive are current investment opportunities in Europe?

Europe has been identified as one of the most favorable regions for investors, seeing high investment activity in the past year. Most of these investments have been through Debt Offering, valued at close to $700 billion. The region has provided attractive investments in a diverse set of companies. Companies who tend to major themes such Digital Media, Cloud, Artificial Intelligence, E-commerce, and Big Data are recording the highest number of deals, with Digital Media recording close to 2,000 deals. However, GlobalData’s whitepaper offers a full view of the market, analyzing less successful or attractive points of investment as well, examining statistics on Equity Offering investments and PE/VC deals. Understand how government agencies for economies around the world use GlobalData Explorer to:  
  • Track the M&A and Capital Raising volumes into their target market
  • Identify the top sectors in the target market attracting the investments
  • For any investment segment, identify the top Investors inside and outside the target economy that are already investing in the Segment
  • Assess and showcase the growth potential for various Industries in the target economy
Don’t miss out on key market insights that can help optimize your next investment – read the report now.
by GlobalData
Enter your details here to receive your free Report.

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