Bringing you live news and features since 2006 

BITE Investments white paper advocates PE investments for HNWIs


BITE Investments, a fintech company with an alternative investment platform, has published a new white paper which presents a strong case for private equity investments and important factors for success. 

Titled, “Private Equity: A Growing Opportunity for HNW Investors,” the white paper shares timely data which demonstrates the steady growth of the private equity market, driven by high returns and increasing investor sophistication.
BITE CEO William Rudebeck cites industry projections that by 2024, global private equity AUM is forecast to reach $6.4 trillion. 

“There is considerable attention now focused on the private equity market,” says Rudebeck. “In an environment of high volatility, private equity has performed well and is forecast to continue its climb over the next few years as more HNW individuals seek a greater ROI. Of course, capturing the growing opportunity in private equity depends on several key factors. At the top of the list are efficient, fully integrated technologies which deliver a seamless investment process from diligence, compliance and know your customer (KYC) steps, to investment selection and monitoring.”
Rudebeck also emphasises the importance of inter-industry partnerships. “Leveraging private equity market conditions will also be a function of strategic alliances between fintech companies, wealth managers and other investment advisors so that the optimum targeting of HNW investors can be achieved.”
In the BITE white paper, readers will be guided through a discussion of alternative investments and their growth trajectory, the inclination of HNW investors today to allocate assets evenly between direct and fund investments, and how private equity allocations of HNW investors in different regions are projected to increase in 2021.
Additionally, many financial professionals will find extremely helpful the discussion on what is driving HNW investors’ higher demand for private equity which the BITE white paper explains. Among the HNW alternative investment drivers noted in the report are the capital appreciation opportunities, current returns, dissatisfaction with traditional asset classes, and a desire for greater portfolio diversification. The BITE white paper delves deeply into these drivers as well as others.
“Currently, only 40 per cent of wealth managers offer private equity investments,” says Rudebeck. “This is largely due to the due diligence requirements which are daunting even for experienced wealth managers who routinely must navigate matters of regulatory compliance. Another obstacle has been the high minimum investment sizes needed to gain access which are beyond the majority of HNW investors. This, coupled with the long lock-up periods, has made alternatives less attractive. At BITE, we have built our entire business model on addressing all of these challenges head-on.”

Latest News

Saving and investing app, Moneybox, has doubled the number of ETFs available on the platform, in the light of ‘growing..
Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..
Confidence in the continuing strength of bitcoin and Ethereum is driving wider interest in altcoins and other digital assets, according..

Related Articles

Sal Esposito, Zacks Investment Management
Zacks Investment Management started doing investment research in 1978 and in 1992 started its investment management arm, initially with SMAs...
Jeremy Senderowicz, Vedder Price
Jeremy Senderowicz, a member of the Investment Services Group at law firm Vedder Price, has witnessed a steady upswing in...
Graham MacKenzie, Toronto Stock Exchange
The evolution of ETFs has been a multi-decade experience for Toronto Stock Exchange says Graham MacKenzie, managing director, Exchange Traded...
Frank Koudelka, State Street Global Services
ETF data provider and ETF Express data partner, Trackinsight, has published its Global ETF Survey 2024 Report: ‘50+ Charts on...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by