Pivot Investment Partners has partnered with Alexandria Capital to provide its family office and high-net-worth clients with access to early growth equity investments in transformative financial technology (FinTech) and financial services companies.
Pivot was started in 2014 by CEO-level operating executives who had grown technology-enabled financial services businesses for global financial institutions, with a view to identifying promising growth investment opportunities across FinTech. Pivot's offering will allow Alexandria Capital to provide a broader array of select investment opportunities to its clients with higher return potential and benefits of portfolio diversification.
Pivot and Alexandria Capital partnered on a recent growth investment round led by Pivot in Bold Penguin, an InsurTech innovator transforming business in the commercial property and casualty segment for small and medium-sized businesses.
“We see alternative investments as an important part of our clients’ portfolio mix and look forward to introducing additional institutional opportunities through our ACAP Alternatives Solutions Fund, which is scheduled to close later in 2018,” said Steven Park, principal of Alexandria Capital.
