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Products October 17, 2013
Millennium Added as Custodian on Private Securities Marketplace
October 17, 2013 (PLANSPONSOR.com) – Millennium Trust Company will be a recommended custodian for investors and offering groups using the FNEX.com Private Securities Marketplace.
Reported by Kevin McGuinness
Investors on the FNEX platform have the ability to source, review and invest in a variety of alternative investments and will be able to select Millennium Trust as their custodian of choice.
The web-based FNEX platform provides accredited investors, investment advisers, family offices and institutions access to private investment opportunities offered by investment banks and funds across the United States. The distribution platform lists offerings and provides investors with the necessary tools to educate themselves about alternative investment opportunities.
Millennium CEO Scott McCartan said, “We’re excited to announce this strategic relationship. FNEX.com was created as a centralized marketplace for investors and investment sponsors to connect on a single platform. Their commitment to providing an innovative, streamlined process complements our commitment to providing investors with simple solutions for expert alternative asset custody.”
FNEX connects accredited and institutional investors to investment opportunities in private companies, private investment funds (hedge funds) and managed futures accounts, as well as helps investors source investment opportunities and helps offering groups connect with investors.