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Other - MAY 28, 2024

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Charles Schwab plans to launch alts investment platform

by Lewis Dayton

Charles Schwab has plan to launch an alternative investments platform for individual investors later this year, reported Paige Smith for Bloomberg.

Qualified, self-directed investors with more than $5 million in assets would have access to the platform.

Initial opportunities will exist in private equity, venture capital, private credit and long-short exchange funds to start.

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