Revolut Launches Private Market Funds for 75 Million Users
Published on Β· Source: finance.yahoo.com
AI Summary
Summarized by AI from the source belowRevolut has launched private market funds for eligible customers in Europe, partnering with Apollo, Ares, Hamilton Lane, and Partners Group. These funds, set up under the EU's ELTIF 2.0 (European Long-Term Investment Fund) framework, are designed for individual investors to access private equity and private credit. Revolut currently serves 75 million customers worldwide and aims to provide tools for building diversified portfolios. This development may enhance investment options for ordinary investors, as it opens up previously inaccessible asset classes.
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
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