Scalable Capital has partnered with BlackRock to offer its German customers increased access to alternative investments and private equity. This partnership allows non-professional investors to access investments unlisted on stock exchanges, therefore increasing returns and diversification, according to Finnovate news.
“For decades, investing in private companies was reserved for institutions and the ultra-wealthy,” said Scalable Capital chief marketing officer, Maximilian Meyer, on LinkedIn.
Scalable Capital is the first platform to give access to BlackRock’s open-end, Private Equity Fund, allowing investors to access their returns more regularly. Before utilizing the fund as a savings plan, an initial investment of $10.5 thousand (€10,000 thousand) is required.
