Delio, a company specializing in digital private market capabilities for financial institutions, has announced a new collaboration with client Ventura Capital and other partners. Together, they have launched a fully digital Reserved Alternative Investment Fund (RAIF) investment vehicle framework.
This new offering from Delio aims to reduce the administrative load for investors, fund managers, and administrators by leveraging their structuring capability. Acting as a single point of contact, Delio streamlines the process for all parties involved, saving time and mitigating risk for investors and fund managers. Additionally, it makes the onboarding process faster and more efficient.
The RAIF programme is an asset agnostic, enterprise-grade investment structure that is especially efficient for global financial firms looking to aggregate investors quickly. Within the RAIF and its framework, there are multiple parties that play integral roles. However, this often leads to duplication of effort and requires investors to provide information repeatedly.
To address this issue, Delio has collaborated with Ventura Capital and other partners to develop a centralised hub that meets the needs of all stakeholders involved. Using the features of the Delio Core platform, the distribution of opportunities has been digitised, integrating essential functions from all parties. This includes streamlining time-consuming processes such as Anti-Money Laundering (AML) and Know Your Customer (KYC) procedures during investor onboarding, digital subscriptions, as well as showcasing opportunities and facilitating fundraising efforts.
The Delio Core platform also handles all aspects of investor reporting on an ongoing basis, including capital calls and quarterly performance reporting. This means that investors can expect a seamless and hassle-free experience when engaging with Delio and its platform.
In addition, Alternative Investment Fund Managers and Fund Administrators will benefit from reduced manual data collection. With the capabilities of the Delio Core, they can rely on the platform’s regulatory procedures, freeing them up to focus on delivering service to investors.
Alessandra Ricagno, Head of Structuring at Delio, expressed excitement about the extension of their digitally native investment vehicle solutions to include the RAIF structure. She believes this represents a significant step forward in streamlining the deployment of these vehicles and bringing together the efforts of multiple parties into a single, cohesive digital solution.
Gareth Morgan, Co-Chief Executive at Delio, added that this development marks a significant milestone in their commitment to supporting financial firms as they innovate their private markets strategies and deepen their investor relationships. He thanked everyone involved for their dedication and collaboration in making this achievement possible.
This latest offering from Delio showcases their commitment to embracing digitalisation and driving efficiency and compliance across the board. They are eager to extend their support to more AIFMs and Fund Administrators, helping them replicate the success they have achieved with the RAIF investment vehicle framework.
Derick is an experienced reporter having held multiple senior roles for large publishers across Europe. Specialist subjects include small business and financial emerging markets.