Other - SEPTEMBER 16, 2020

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Phoenix American forms partnership with Alternative Investment Exchange

by Released

Phoenix American, a fund administration provider for alternative investments and Alternative Investment Exchange (AIX), a digital platform built to improve processes for investing in alternatives, have announced an integration partnership to provide a seamless, fully digital purchase process for client funds.

Brad West, AIX COO, said, “We wanted to confront the objections and address the friction points that have rate-limited growth in this industry. We have committed ourselves to building the plumbing that will connect and benefit the entire industry, creating meaningful change and positive outcomes for each stakeholder we serve.”

The partnership will enable investors to purchase alternative investment products digitally using the AIX platform, resulting in a complete and active investment record in the Phoenix American transfer-agent system, STAR-XMS, with no manual intervention.

The first client of the new partnership is ARCTRUST Properties, sponsor of AR

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