The $40 million investment that private equity firm Resource Capital Funds announced this week in privately held TMAC Resources and its Hope Bay gold project in Nunavut is exactly the kind of deal entrepreneur Marcus New wants to offer retail investors long shut out of the private equity marketplace.
Last year the president and chief executive of Stockhouse Publishing set up InvestX Capital, a private equity platform syndicated for retail investors in Canada and the United States that proposes to give its members access to some of the very same private company deals that until now have only been available to institutional investors and private equity firms.
“We need to democratize that asset class so that retail investors can have private equity in their portfolios,” the 43-year-old entrepreneur says, adding that “it is a high-performing asset class” …
Read the complete article at NorthernMiner.com/news/investx
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