ACCESS Newswire
22 Sep 2021, 18:31 GMT+10
New funding will be used to accelerate InvestX's rapid growth in the private markets
NEW YORK, NY / ACCESSWIRE / September 22, 2021 / InvestX Capital Ltd. ('InvestX' or the 'Company'), a leading private market secondaries platform and financial technology company, today announced it has secured a strategic investment from financial leaders Jefferies Financial Group Inc. (NYSE: JEF) ('Jefferies'), Virtu Financial (NASDAQ: VIRT) ('Virtu') and Canaccord Genuity Group Inc. (TSX: CF) ('Canaccord Genuity').
Marcus New, CEO and Founder of InvestX commented, 'We are thrilled to partner with these leading financial institutions as we expand our Growth Equity Marketplace ('InvestX GEM'), a private market secondaries platform, focused on pre-IPO giants, to sell-side firms. Their tremendous knowledge, experience and networks will accelerate our ability to expand our solutions for a broader range of broker dealers and issuers, creating higher levels of electronification and transparency while lowering costs to all participants.'
InvestX leverages decades of experience both providing technology solutions and navigating the complexities of transacting in the private markets, which suffer from opacity and inefficiency. By providing its sell-side clients with a state-of-the-art investing platform InvestX GEM, the Company enables its broker dealers to better serve their clients with greater access, liquidity, and innovation in the private market.
'We believe the private market is becoming one of the most crucial asset classes for institutions and wealth management clients,' said Rich Handler, CEO, and Brian Friedman, President, of Jefferies. 'Our strategic investment in InvestX demonstrates our commitment to expanding access and liquidity for our clients.'
The new funding will allow InvestX to further advance its technology platform, increase back-office integration and expand its team. Doug Cifu, CEO of Virtu, and Kieran Mara, Vice President in Jefferies' Merchant Bank, will join the InvestX board.
'As one of the world's largest providers of transparent trading solutions and liquidity provision, we are excited to support this innovative growing platform and provide access to InvestX's inter-dealer marketplace to our global clients' said Virtu Financial CEO, Doug Cifu.
'We have worked with InvestX to provide our clients with enhanced and differentiated access to private market opportunities,' said Dan Daviau, CEO of Canaccord Genuity Group Inc. 'With our strategic investment, we look forward to integrating InvestX's platform into our capital markets and wealth management offerings, as we help them accelerate broader adoption of this innovative platform.'
In February 2021, the Company launched InvestX GEM, which is representative and supportive of this high growth asset class. This comes on the heels of the launch of the InvestX's U.S. headquarters in New York City's Financial District and the addition of several senior industry executives, including Managing Director Brian Schaeffer, CTO Colin Wrinch, Director of Sales Jon Eckhard, and VP of People & Culture Nicole Liddell.
About InvestX
Launched in 2014, InvestX empowers broker-dealers and their clients with access, liquidity and innovation to the private markets through investments in pre-IPO giants on its state-of-the-art platform InvestX GEM. Sell-side firms are provided unbiased information and can participate in the private markets through a number of channels, including single-issuer SPVs and multi-issuer funds as well as block and SPV trading. InvestX is backed by leading institutional investors including Jefferies, Virtu and Canaccord Genuity.
If you are an institutional or accredited investor, please ask your salesperson or adviser for access to InvestX GEM investing opportunities.
For more information visit www.investx.com.
Media Contact:
Lauren Perry
Caliber Corporate Advisers
[email protected]
(952) 221-4615
Company Contact:
Maria Orlova
InvestX Capital
[email protected]
(212) 390-9270
SOURCE: InvestX
Get a daily dose of Canada Standard news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Canada Standard.
More InformationTOKYO, Japan: Japan's hopes for a foothold in commercial lunar exploration suffered a second blow this week after Tokyo-based startup...
MOSCOW, Russia: Russia's principal security agency, the Federal Security Service (FSB), has accused British intelligence of using the...
SYDNEY, Australia: Australia will not ease its strict biosecurity rules during trade talks with the United States, Prime Minister Anthony...
The Israeli Navy has intercepted a ship carrying humanitarian aid and a number of activists including Greta Thunberg, Rima Hassan,...
TOKYO, Japan: Japan's demographic challenges intensified in 2024, with the number of births falling to another all-time low—underscoring...
BEIJING, China: A little-known office inside China's Ministry of Commerce has become a powerful chokepoint in the global auto and tech...
WASHINGTON, 10th June, 2025 (WAM) -- Al Ain FC defeated New Zealand's Auckland City by a single goal in a friendly match played as...
New Delhi [India], June 10 (ANI): As the ICC World Test Championship (WTC) final 2025 draws near, anticipation is building for the...
New Delhi [India], June 10 (ANI): Board of Control for Cricket in India (BCCI) vice president Rajeev Shukla has hailed former India...
(250610) -- SEOUL, June 10, 2025 (Xinhua) -- Lee Han-beom (R) of South Korea shoots during the 2026 FIFA World Cup Asian Qualifiers...
(250610) -- CHONGQING, June 10, 2025 (Xinhua) -- Head coach of China Branko Ivankovic (R) and player Wang Yudong of China attend a...
New Delhi [India], June 10 (ANI): Hockey India on Tuesday announced the Indian Junior Men's Hockey Team for the upcoming 4 Nations...