Revolut to offer institutional-grade investment opportunities
Revolut's Rolandas Juteika said: 'Private markets have long been the missing asset class in the average investor's portfolio, not for lack of interest, but for lack of access.' File picture
Digital bank Revolut has announced that it has partnered with a number of financial management firms to offer customers institutional-grade investment opportunities.
The company is partnering with firms such as Apollo Global Management, Ares Management, Hamilton Lane, Allfunds, and Partners Group to offer access to select private markets funds managed by these leading firms.
Revolut said these companies are trusted by pension funds, sovereign wealth funds and institutional investors worldwide and collectively oversee more than $2.8tn (€2.46tn) in assets under management and supervision.
The company said that each fund being offered is evaluated by its in-house fund selection team before being offered to customers.
Access is being offered through the Revolut app from Tuesday and is rolled out to Ireland and 20 other European countries.
Read More
Revolut head of wealth and trading (EEA) Rolandas Juteika said "Private markets have long been the missing asset class in the average investor's portfolio, not for lack of interest, but for lack of access”.
He said these new partnerships are not just about “offering lower entry points” it is “about giving our users the tools to build sophisticated, diversified, and resilient portfolios for the long term”.
“These funds are intentionally structured for patient capital, matching the true nature of private assets, and we believe they will fundamentally level the playing field between everyday portfolios and institutional private markets investment strategies.”
The funds platform is structured under the EU’s European Long-Term Investment Fund (ELTIF) 2.0 framework. The ELTIF is a new type of collective investment framework allowing investors to put money into companies and projects that need long-term capital.
It is aimed at investment fund managers who want to offer long-term investment opportunities to institutional and private investors across Europe such as infrastructure projects.
Revolut said that traditional private market vehicles typically involve multi-year capital lockups and require complex cash management, which can delay potential returns. It added that its platform offers access to evergreen ELTIF 2.0 funds, designed to put capital to work from day one into an already active portfolio.
“While the ELTIF 2.0 framework introduces periodic liquidity windows to give investors structured opportunities to redeem over time, these funds remain fundamentally illiquid. Redemptions are not guaranteed, may be subject to gates or suspension in line with each fund’s terms, and the underlying investments remain illiquid by nature,” the company said.
Revolut says that it has 3.4m customers in Ireland and over 75m worldwide.
CONNECT WITH US TODAY
Be the first to know the latest news and updates
