Pomona Capital, a global private equity firm specializing in secondaries investing, along with Voya Investment Management, the asset management business of Voya Financial, Inc. (âVoyaâ), announced 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 (âPIFâ or the âFundâ) 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 PIFâs 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.
âProviding easier access to private equity was our goal when we designed and launched Pomona Investment Fund in 2015,â said Michael Granoff, CEO and Founder of Pomona Capital. âWe 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.â
The iCapital Marketplace connects financial advisors and their clients with a broad array of alternative investment offerings by providing an âall-digitalâ 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.
âInvestors 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 âdemocratizeâ the range of investable strategies available but can potentially lead to better long-term results to meet financial objectives,â said Jake Tuzza, Senior Managing Director and Head of Distribution at Voya Investment Management.
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