RANCHO SANTA FE, Calif., April 3, 2019 /PRNewswire/ -- Aditum Alternatives announced today the filing of a patent application, "Electronic System and Method for Administering a Co-Mingled Illiquid Private Market Investment Fund." The pending patent covers ground breaking liquidity features for those seeking to include private market investment strategies in their portfolios and simplified private market access for institutional investors, such as 401K plans, and other comparably qualified investors. The innovations, which include both novel investment product structures and enabling technology, will be known commercially as the Aditum Aqueduct.
"It's been widely reported that there are fewer public companies today than there were 20 years ago. This has increased the importance of private markets to investors seeking differentiated portfolios. We believe that the Aditum Aqueduct provides a significant improvement in investor access to private markets, such as private equity and private credit, particularly for individuals.", said Ken McGuire, President of Aditum Alternatives. He added, "We plan to license it to affiliates and others for use in their funds having private market focused investment strategies."
Aditum Alternatives also announced the formation of an affiliate, Aditum Asset Management LLC to launch private market focused funds that license and incorporate Aditum Aqueduct features, including:
- Expanded liquidation opportunities for both institutional and individual investors
- Elimination of the "cash drag" that commonly mutes the returns of evergreen private market focused funds
- Access by qualified investors to a private markets master fund with an indefinite investment horizon, engineered to minimize liquid assets on hand
About Aditum Alternatives LLC
Aditum Alternatives focuses on "expanding access to non-traditional investments" by advising clients on the design, engineering, operation and distribution of alternative, non-traditional investment products, and developing intellectual property for their clients' use. Aditum Alternatives LLC was founded in 2017.
Disclosure
The information herein does not constitute an offer to sell, or a recommendation to buy any security or any other product or service by Aditum Alternatives or Aditum Asset Management regardless of whether such security, product or service is referenced. Furthermore, nothing herein is intended to provide investment advice and nothing herein should be construed as a recommendation to engage in any investment strategy.
SOURCE Aditum Alternatives
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