The buzziest word in private equity these days is democratization, but for one self-described social capitalist the idea of opening up direct investment in deals to the masses takes the concept to a whole new level.
Accrete Founder and CEO Ali Shekofti has been building the platform in beta with a select group of accredited investors who have already seen returns on closed investments. Initial opportunities have included Universal Music Group, Nerdwallet, Perfect Day, Mobile Premier League, Spotter and the Synergis Crypto Fund.
The platform and its affiliated entities currently have over $800 million . . .
Unlock this article instantly, along with the rest of our premium content and benefits including daily/weekly/monthly newsletters.
A pay-as-you-go plan to get you started
→ Instantly unlock all new and archived articles
→ Daily, weekly and monthly e-mail newsletters
→ Access to the weekly AW Deal Watch by AW Research
Required for access to AW Research
Get more for less - 20% discount over monthly
→ Everything in Monthly PLUS:
→ Access to articles and data from AW Research
→ AW Annual Investor Compendium – our comprehensive guide to investor activity, with a ranking of the most active investors for the year and profiles of the top global allocators