AirFund gets EUR6m funding boost

Amundi and Indosuez Wealth Management have acquired a stake in AirFund to promote the marketing of private asset funds. AirFund is a digital platform created in 2021 to facilitate the link between management companies and distributors of private markets funds with retail investors It raised EUR6m in a recent funding round jointly led by Amundi and Indosuez Wealth Management, who become minority cornerstone shareholders. This transaction will help market private asset funds managed by Amundi and Indosuez, and facilitate subscription and repurchase transactions in these funds. Fund Channel, the B2B distribution platform which is a joint venture between Amundi and CACEIS, will leverage AirFund to broaden the range of funds offered to its distributor clients by including private asset funds.

Post Comment