Keiretsu Forum, one of the world’s largest private equity angel investment network and PENSCO Trust Company, a leading alternative asset custodian announce today a partnership that will allow Keiretsu Forum’s angel investor members access to PENSCO’s custodial services to invest in private equity deals using retirement funds.
“We look forward to working with PENSCO to continue to add value to our angel investor members,” said Randy Williams, Founder & CEO of Keiretsu Forum. “I believe our members are looking for this kind of opportunity to use their retirement dollars to fund startups they believe in, and PENSCO, as a leader in the self-directed IRA business, is ready to serve this growing market.”
“Many investors are unaware that they can use money from self-directed IRAs to invest in private equity, private stock and real estate,” said Kelly Rodriques, CEO of PENSCO. “We think this partnership with Keiretsu will give more angel investors the ability to pursue their passion for investing in emerging businesses while diversifying their retirement funds beyond the typical stock market investments.”
According to PENSCO, private equity is the fastest-growing investment held by its clients in self-directed IRAs, followed by real estate, unsecured notes, secured notes and precious metals.
Keiretsu Forum and PENSCO will hold an educational webinar on Thursday, April 3, 2014 from 1:00 p.m. to 1:45 p.m. PDT on demystifying the angel investment process. Accredited investors interested in attending the webinar can register on this link.
Keiretsu Forum was founded in 2000 by Randy Williams in the San Francisco Bay Area. With 29 chapters and over 1,100 accredited investor members, Keiretsu Forum is the world’s largest invite-only angel investor network. Keiretsu Forum members provide early stage capital in the range of $250k – 2 million in high quality, diverse investment opportunities and collaborate in the due-diligence, but make their own individual investment decisions. Through the Keiretsu Forum, more than $400 million of capital has been invested into technology, consumer products, Internet, healthcare, life sciences and real estate companies. For more information, visit www.keiretsuforum.com.