New York-based Templum launched its new “ecosystem” that connects issuers, investors, custodians, transfer agents and other market participants with access to alternatives and private securities.
Templum One is a new private markets platform that aims to unify private market infrastructure, investment opportunities and investor capital, into a single solution for private securities and alternative assets. The platform can be used by buy-side to meet investors’ needs for access to a broad set of assets and sell-side users can offer their assets to gain increased exposure to investor communities in the network.
An open and fully regulated infrastructure solution, the platform works with any alternative investment opportunity ranging from private equity, venture, credit and real estate to art and collectibles. Essentially the platform offers both alternative assets and secondary trading opportunities.
Private equity firms an also use the platform to access private shares, with issuers offering their shares and existing shareholders selling their shares all through Templum One, officials said.
“Templum One is the only central operating system of its kind and the answer private market participants have been waiting for,” said Christopher Pallotta, founder and CEO of Templum. “Our ecosystem simplifies and optimizes the access, distribution and sourcing of alternative assets for RIAs, broker dealers, wirehouses, fintechs, asset allocators, institutional investors, investment platforms, wealth managers and family offices.”
Pallotta is also currently managing director at the Raptor Group, which is backed by the family office of his father Jim Pallotta. The elder Pallotta is known for his work at storied hedge fund firm Tudor Investment Corp. where he is said to have created the venture capital program and manager seeding business.