Pomona Investment Fund: Offering Easy Access to Private Equity Investments on iCapital Marketplace

Private equity investments have long been seen as exclusive opportunities for high-net-worth individuals and institutional investors. However, Pomona Capital, a global private equity firm specializing in secondaries investing, is changing the game with the launch of the Pomona Investment Fund (PIF) on iCapital Marketplace. This partnership between Pomona Capital and iCapital aims to provide wealth managers and their clients with easier access to private equity investments.

PIF, distributed by Voya Investment Management, is a U.S. registered investment company designed to offer accredited investors a single access point to a broad and diversified portfolio of private equity investments. With the majority of its investments in secondary interests, PIF provides enhanced liquidity and a lower risk profile compared to traditional private equity offerings. Investors can now easily access PIF through the iCapital Marketplace, a leading global fintech platform that connects financial advisors and their clients with alternative investment opportunities.

The iCapital Marketplace offers an "all-digital" experience for wealth managers, bridging the gap that has historically prevented advisors from offering alternative investments to their clients. The marketplace provides educational tools, market insights, webinars, and training modules to help advisors understand and navigate the world of private equity investments. Additionally, the document center and investment dashboard offer a holistic view of client investments throughout the investment lifecycle.

The partnership between Pomona Capital and iCapital is an important step towards democratizing private equity investments. By providing easier access to alternative investment strategies like PIF, investors can diversify their portfolios and potentially achieve better long-term results. This collaboration aligns with the growing recognition among investors that alternatives are crucial for meeting their investment goals.

Pomona Capital has been a pioneer in the secondary space for nearly 30 years, providing efficient liquidity solutions for investors looking to sell their private equity interests. While traditionally, investors accessed Pomona's strategy through flagship limited partnership vehicles, the launch of PIF marked a milestone in providing accredited investors with easier access to private equity opportunities. With a lower commitment minimum of $25,000 and an investor-friendly tax reporting structure, PIF has already attracted over 9,000 individual investors, managing approximately $1.4 billion in assets.

To further support advisors and investors, a webinar for financial advisors working with accredited investors regarding accessing PIF on iCapital Marketplace will be held on November 29, 2023, at 4:00 p.m. ET. This webinar will provide insights and guidance on how to leverage the partnership between Pomona Capital and iCapital for the benefit of clients.

It's important to note that past performance is not indicative of future results. Investment returns and principal values will fluctuate, and shares may be worth more or less than their original cost. Investors should carefully review the Fund's prospectus and consider the risks associated with investing in private equity before making any investment decisions.

Voya Investment Management, the asset management business of Voya Financial, Inc., manages approximately $312 billion in assets across public and private fixed income, equities, multi-asset solutions, and alternative strategies. The firm's expertise and commitment to understanding clients' needs have made it a trusted partner for institutions, financial intermediaries, and individual investors.

Pomona Capital, on the other hand, is an international private equity firm with over $17.4 billion in aggregate capital commitments. With more than 25 years of experience, Pomona Capital has established itself as a pioneer and leader in the secondary market. The firm manages funds on behalf of a global group of sophisticated investors and invests in partnership interests in approximately 750 private equity funds.

Investing in private equity involves a considerable amount of risk, and investors should carefully assess their investment objectives, risk tolerance, and liquidity needs before investing. Private equity investments are illiquid, and investors should be aware that they do not have the right to require the Fund to redeem their shares. The Fund conducts tender offers subject to the discretion of the Board of Trustees. Investors should thoroughly review the Fund's prospectus for a complete understanding of the risks involved in investing in private equity.

With the launch of PIF on iCapital Marketplace, accredited investors now have a more accessible and streamlined solution for accessing private equity investments. This collaboration between Pomona Capital and iCapital is an exciting development in the world of alternative investing, expanding opportunities for investors and bringing private equity within reach.