For Alquity, a $100m high-growth UK-based asset management company, the road to becoming a $1 billion fund runs through Crowdcube. The company is raising £500k via the crowdfunding platform to support its growth objective of becoming a $1 billion fund by 2019. Funds raised will be used to support continued investment in the sales strategy, as well as marketing activity to increase Alquity brand awareness, notes the press release.
Currently, Alquity has raised £287,480 from 89 investors, for 4.48 percent equity offered. The largest investment as of this writing is £50,000, and the campaign has 16 days remaining.
Alquity delivers quartile returns through responsible, sustainable investment practice in emerging markets. It is led by veteran, Citywire-rated fund managers, and donates up to 25 percent of its fee revenue to support local entrepreneurs in their target markets.
Alquity is a new variety of investment management firm catering to more responsible investors, those who may have lost their trust in the traditional model of asset management. They want to balance good returns from sustainable businesses that respect the environment and their staff, with giving something back, and creating economic opportunities for impoverished people worldwide. But creating these opportunities isn’t just about doing good. Over time, this type of investor believes it’s also sure to have a positive impact on their stock holdings’ performance.
Paul Robinson, founder of Alquity, has built successful businesses within the fund management sector and funded Global Ethics, operating under the One Brand, which has made total donations to charitable causes in excess of £10m, and transformed 2 million lives in Africa. Paul commented,
Our aim is to show that business, and individuals, can be a powerful force for good. It really is time to challenge the traditional asset management ethos of ‘profit at any cost’. Alquity’s model is proving popular with investors who want to their money invested responsibly. We think crowdfunding which is itself an innovative and alternative source of funding, fits exactly with our mission and values, to challenge and change things for the better.
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