SoFi Expands Access to Alts through New Partnership with Templum: Cosmos Fund, with Sole Exposure to SpaceX, Pomona Investment Fund, and StepStone Private Markets Fund
SoFi announced access to three new private market funds through a partnership with Templum: The Cosmos Fund (with sole SpaceX exposure), Pomona Investment Fund, and StepStone Private Markets Fund. This expansion comes after a survey showing 87% of retail investors are interested in investing in private companies, with OpenAI, SpaceX, and Epic Games ranking as top interests.
The initiative aims to democratize access to private market investments, previously to institutional investors. These offerings are currently available to accredited investors through the SoFi Invest platform, marking another step in SoFi's recent innovations, including the early 2024 launch of alternative funds and a new Robo Investing offering.
SoFi ha annunciato l'accesso a tre nuovi fondi di mercato privato attraverso una partnership con Templum: il Cosmos Fund (con esposizione esclusiva su SpaceX), il Pomona Investment Fund e il StepStone Private Markets Fund. Questa espansione arriva dopo un sondaggio che ha mostrato che l'87% degli investitori al dettaglio 猫 interessato a investire in aziende private, con OpenAI, SpaceX ed Epic Games tra gli interessi principali.
L'iniziativa mira a democratizzare l'accesso agli investimenti di mercato privato, precedentemente riservati agli investitori istituzionali. Questi prodotti sono attualmente disponibili per gli investitori accreditati tramite la piattaforma SoFi Invest, segnando un altro passo nelle recenti innovazioni di SoFi, incluso il lancio previsto per il 2024 di fondi alternativi e una nuova offerta di Robo Investing.
SoFi anunci贸 el acceso a tres nuevos fondos de mercado privado a trav茅s de una asociaci贸n con Templum: el Cosmos Fund (con exposici贸n exclusiva a SpaceX), el Pomona Investment Fund y el StepStone Private Markets Fund. Esta expansi贸n se produce tras una encuesta que muestra que el 87% de los inversores minoristas est谩n interesados en invertir en empresas privadas, siendo OpenAI, SpaceX y Epic Games sus principales intereses.
La iniciativa tiene como objetivo democratizar el acceso a las inversiones en mercados privados, que anteriormente estaban reservadas a inversores institucionales. Estas ofertas est谩n actualmente disponibles para inversores acreditados a trav茅s de la plataforma SoFi Invest, marcando otro paso en las recientes innovaciones de SoFi, incluida la pr贸xima lanzamiento de fondos alternativos y una nueva oferta de Robo Investing prevista para principios de 2024.
SoFi电� Templum瓿检潣 韺岉姼雱堨嫮鞚� 韱淀暣 靹� 臧滌潣 靸堧鞖� 靷 鞁滌灔 韼�霌滌棎 雽�頃� 鞝戧芳鞚� 氚滍憸頄堨姷雼堧嫟: Cosmos Fund (SpaceX鞐� 霃呾爯 雲胳稖霅�), Pomona Investment Fund, 攴鸽Μ瓿� StepStone Private Markets Fund鞛呺媹雼�. 鞚� 頇曥灔鞚� 87%鞚� 靻岆Г 韴瀽鞛愱皜 靷 旮办梾鞐� 韴瀽頃樀鐢 瓴冹棎 甏�鞁澊 鞛堧嫟电� 臁办偓 瓴瓣臣鞐� 霐半澕 鞚措（鞏挫鞙茧┌, OpenAI, SpaceX 氚� Epic Games臧� 欤检殧 甏�鞁偓搿� 昙巾様鞀惦媹雼�.
鞚� 鞚措媹靺旐嫲敫尩鐢 鞚挫爠鞐� 旮瓣磤 韴瀽鞛愳棎瓴岆 鞝滉车霅橃棃雿� 靷 鞁滌灔 韴瀽鞐� 雽�頃� 鞝戧芳鞚� 氙检＜頇旐晿电� 瓴冹潉 氇╉憸搿� 頃橁碃 鞛堨姷雼堧嫟. 鞚措煬頃� 鞝滉车鞚� 順勳灛 SoFi Invest 頂岆灚韽检潉 韱淀暣 鞚胳霅� 韴瀽鞛愳棎瓴� 鞝滉车霅橂┌, 鞚吹鐢 SoFi鞚� 斓滉芳 順侅嫚, 歃� 2024雲� 齑堨棎 於滌嫓霅� 雽�觳� 韼�霌滌檧 靸堧鞖� 搿滊炒 韴瀽 靹滊箘鞀れ潣 霕� 雼るジ 鞚挫爼響滌瀰雼堧嫟.
SoFi a annonc茅 l'acc猫s 脿 trois nouveaux fonds de march茅s priv茅s gr芒ce 脿 un partenariat avec Templum : le Cosmos Fund (avec une exposition exclusive 脿 SpaceX), le Pomona Investment Fund et le StepStone Private Markets Fund. Cette expansion fait suite 脿 une enqu锚te montrant que 87 % des investisseurs particuliers sont int茅ress茅s par l'investissement dans des entreprises priv茅es, OpenAI, SpaceX et Epic Games 茅tant les principaux centres d'int茅r锚t.
Cette initiative vise 脿 d茅mocratiser l'acc猫s aux investissements sur les march茅s priv茅s, pr茅c茅demment r茅serv茅s aux investisseurs institutionnels. Ces offres sont actuellement disponibles pour les investisseurs agr茅茅s via la plateforme SoFi Invest, marquant une nouvelle 茅tape dans les r茅centes innovations de SoFi, notamment le lancement pr茅vu d'un fonds alternatif et d'une nouvelle offre de Robo Investing au d茅but de 2024.
SoFi hat den Zugang zu drei neuen privaten Marktfonds durch eine Partnerschaft mit Templum angek眉ndigt: den Cosmos Fund (mit ausschlie脽licher Exposition gegen眉ber SpaceX), den Pomona Investment Fund und den StepStone Private Markets Fund. Diese Expansion erfolgt nach einer Umfrage, die zeigt, dass 87 % der Privatkundeninteressiert sind, in private Unternehmen zu investieren, wobei OpenAI, SpaceX und Epic Games zu den Hauptinteressen z盲hlen.
Das Ziel der Initiative ist es, den Zugang zu privaten Marktinvestitionen zu demokratisieren, die zuvor institutionellen Investoren vorbehalten waren. Diese Angebote sind derzeit f眉r akkreditierte Investoren 眉ber die SoFi Invest-Plattform verf眉gbar, was einen weiteren Schritt in SoFis j眉ngsten Innovationen darstellt, einschlie脽lich des geplanten Starts alternativer Fonds und eines neuen Robo-Investing-Angebots im fr眉hen Jahr 2024.
- Expansion into alternative investments market through partnership with Templum
- Strong market demand confirmed by 87% of surveyed investors showing interest in private companies
- Strategic diversification of investment offerings for members
- accessibility - offerings restricted to accredited investors only
Insights
This partnership with Templum marks a significant strategic expansion for SoFi's investment platform, particularly in the high-demand private markets space. The move to offer access to SpaceX through the Cosmos Fund, along with Pomona and StepStone funds, positions SoFi to capture a growing market opportunity in alternative investments.
The 87% interest rate from their retail investor survey indicates strong potential demand. By focusing on accredited investors initially, SoFi can tap into a wealthy client segment while maintaining regulatory compliance. This expansion aligns with their strategy to diversify revenue streams beyond lending and could drive higher-margin fee income.
The partnership demonstrates SoFi's continued evolution from a student loan refinancing company to a full-service financial platform. Access to sought-after private companies like SpaceX could help attract and retain wealthy clients, potentially increasing assets under management and recurring revenue.
This initiative addresses a important gap in the retail investment market. Private market investments have historically delivered superior returns compared to public markets, but have been largely inaccessible to individual investors. The survey data showing overwhelming interest in private companies, particularly in trending sectors like AI and space technology, validates SoFi's market timing.
The selection of SpaceX exposure through the Cosmos Fund is particularly strategic given its ranking among the top three most desired private companies. This offering could serve as a powerful customer acquisition tool and differentiator in the increasingly competitive fintech space. The expansion of alternative investment options also positions SoFi to compete more effectively with traditional wealth management firms.
Company Expands Access to Include Three New Funds in Response to Increasing Interest in Alternative Asset Classes from Retail Investors, Broadening Private Market Exposure
In a recent survey of five thousand retail investors, SoFi found that more than
鈥淗istorically, the retail investor community has had few opportunities to invest in privately held companies, but we firmly believe in broadening access to potentially valuable opportunities,鈥� said Anthony Noto, CEO of SoFi. 鈥淭oday marks yet another milestone on our path to helping SoFi members achieve financial independence by giving them an opportunity to invest in some of today鈥檚 most sought after privately held companies.鈥�
鈥淭hese private alternative asset offerings represent an exciting step in our partnership with SoFi, enabling their members to access a broader range of investment strategies,鈥� said Chris Pallotta, CEO and Founder of Templum. 鈥淭emplum鈥檚 technology, compliance-focused framework, and deep expertise in alternatives enable us to bring some of the most sought-after private investments to a new generation of investors."
Today鈥檚 news marks the latest innovation SoFi has taken to empower its members with expanded access to diverse investment opportunities, including: its early 2024 launch of on the SoFi Invest platform, a new SoFi offering 鈥� announced last month 鈥� and now, an expanded selection of .
SoFi Invest members who are interested in learning more about accessing Templum鈥檚 offerings of the Cosmos Fund (with sole exposure to SpaceX), Pomona Investment Fund, and the StepStone Private Markets fund can find information in the Invest section of the . At this time, these investments are limited to accredited investors.
About SoFi
(NASDAQ: SOFI) is a member-centric, one-stop shop for digital financial services on a mission to help people achieve financial independence to realize their ambitions. The company鈥檚 full suite of financial products and services helps 9.4 million SoFi members borrow, save, spend, invest, and protect their money better by giving them fast access to the tools they need to get their money right, all in one . SoFi also equips members with the resources they need to get ahead 鈥� like credentialed financial planners, exclusive experiences and events, and a thriving community 鈥� on their path to financial independence.
SoFi innovates across three business segments: Lending, Financial Services 鈥� which includes , , , , and 鈥� and Technology Platform, which offers the only end-to-end vertically integrated financial technology stack. SoFi Bank, N.A., an affiliate of SoFi, is a nationally chartered bank, regulated by the OCC and FDIC and SoFi is a bank holding company regulated by the Federal Reserve. The company is also the naming rights partner of SoFi Stadium, home of the Los Angeles Chargers and the Los Angeles Rams. For more information, visit or download our and apps.
INVESTMENTS ARE NOT FDIC INSURED 鈥� ARE NOT BANK GUARANTEED 鈥� MAY LOSE VALUE
SoFi Securities, LLC (鈥淪oFi Invest鈥�) has a referral arrangement with Templum Markets, LLC (鈥淭emplum鈥�), allowing eligible SoFi Invest members to access certain special purpose vehicles (鈥淪PVs鈥�) and private investment funds through Templum. Templum charges a purchase fee of up to
About Templum
Templum鈥檚 scalable infrastructure solutions are transforming access, processes and investment choice in alternative assets, making them as easy to invest in as public markets. Templum operates three core business lines:
- Templum One is an innovative global ecosystem for private markets that connects alternative and private market issuers with a growing network of partners who want to offer their end investors access to the world鈥檚 most sought-after private assets.
- Templum Marketplace Solutions enable private issuers and asset managers to automate processes, integrate siloed operations, and accelerate time-to-market.
- Templum Applications Suite provides essential solutions to optimize back office and operational processes, saving businesses time, money and resources.
All securities offered by Templum Markets LLC., a wholly owned broker-dealer and Alternative Trading System (ATS) subsidiary of Templum, Inc., which is approved to operate in 53 U.S. states and territories. For more information, please visit .
SOFI-F
1 Retail Investor Survey Led by SoFi in Partnership with Centiment, July 2024
View source version on businesswire.com:
MEDIA CONTACTS
For SoFi
Meghan Brown
PR@sofi.org
For Templum
Investor Contact
Templum: sales@templuminc.com
Templum Media Contact
Julie Ros, Chief Marketing Officer
jros@templuminc.com
Source: SoFi Technologies
FAQ
What new funds did SoFi (SOFI) add through the Templum partnership?
What percentage of retail investors showed interest in private companies according to SoFi's survey?
Which private companies ranked as top 3 interests in SoFi's investor survey?
Who can access these new alternative funds on SoFi (SOFI)?
