Amundi and Indosuez join forces with AirFund to revolutionise private asset fund marketing
Summary
Additionally, it will solidify AirFunds position in the distribution value chain and reinforce its ambition to become Europes top player in democratizing private equity funds. AirFund already boasts access to 40 private equity funds and over 1,000 partner distributors.AirFund Chairman and founder, Alexandre Harkous said, Having Amundi and Indosuez Wealth Management as shareholders is a real asset. The arrival of these two renowned investors will enable us to double our workforce in France and Europe, to better support our customers and partners, accelerate our growth and diversify our recurring revenues. This fund-raising is a very good gas pedal for the ecosystem of private asset product distribution.Amundi Deputy CEO and Head of Strategy, Finance and Control, Nicolas Calcoen declared, In line with our strategic plan, this new partnership with the AirFund platform will enable Fund Channel to expand its service offering to private assets. It will also be an asset for the Amundi Real & Alternative platform, by making our products more accessible through the digitization of the customer journey among institutional and retail investors.Keep up with all the latest FinTech news here.