OurCrowd Portfolio Index Fund offers globally diversified exposure to top venture capital tech deals across sectors and stages
NEO Connect is offering advisors to accredited Canadian investors a new way to access the global venture capital space with the launch of the OurCrowd Portfolio Index Fund ("OC50").
Listed under the ticker symbol OCVII, it gives investors unprecedented access to the top deals on the global venture investing platform OurCrowd.
“OurCrowd’s OC50 campaign on NEO Connect is a convenient way to round out stock picking in private companies while managing risk,” stated Erik Sloane, Chief Revenue Officer of NEO. “It’s a lighthouse example of the unique and exceptional opportunities available to all Canadian investors, which previously, were only accessible to the very few.”
Based in Israel, OurCrowd enables both individuals and institutions to invest in private businesses. By providing mentorship, securing industry advisors, navigating follow-on rounds, and fostering growth opportunities through alliances with top global financial leaders, OurCrowd creates value for the companies in its portfolio.
The OC50 Fund is an investment vehicle with a wide range of venture capital asset exposures available in a single investment. It diversifies across different industries, stages, and geographies to manage concentration risks and produce steady returns.
Accredited investors can get the chance to participate in venture deals that were previously only open to institutional and venture capitalist investors by making small initial investments through the private placement offering for OC50 on NEO Connect.
“OurCrowd, one of the leading VC investment platforms globally, is delighted to join forces with NEO, a world-class partner, to execute our mission and democratize access to Venture Capital for broker-dealers in Canada,” commented Gonen Hollander, Director of Investor Relations - Canada at OurCrowd.
“With NEO, we are planning to offer a wide range of OM funds and single-name private investment opportunities in leading-edge technologies while increasing transparency and reducing costs…OC50 provides immediate access to 50 private technology companies and is highly diversified across sectors, stages, and geography,” Hollander added.
After its 2016 launch, NEO Connect has quickly gained popularity among the MFDA and IIROC communities, raising more than $2 billion across 125 listings. NEO Connect, which is supported by NEO technology, facilitates transactions between participating dealers, financial advisors, companies with private listings, and their investors in private companies, private funds, and other investment vehicles.
The centralized, multi-asset distribution platform is accessible to advisors, dealer networks, and asset managers who desire more effective and affordable transactions for assets not listed on a stock exchange, such as mutual funds, OM funds, and private companies.
