CoInvestor is an online marketplace for alternative assets that allows private investors and advisers to invest alongside experienced fund managers.
The evolution of the platform to enable investment into funds, in addition to direct co-investment opportunities, is driven by the platform’s desire to become a ‘one stop shop’ for tax-efficient investing.
The platform has also eradicated most of the traditionally paper-based application process and investors and advisers alike can apply to invest in a fund entirely online.
Enterprise investment schemes
Initial funds available on the platform are focused on enterprise investment scheme (EIS), with a pipeline of venture capital trust (VCT) managers set to join the platform over the coming weeks.
Charles Owen, founder of CoInvestor, said: “We have removed the burden of paperwork associated with investing in a fund, by entirely digitising the application process. This streamlined approach has the potential to save investors, and particularly advisers, several hours of work.”