Alt Investments

Millennium Trust Company Launches Alternative Investment Network

Eliane Chavagnon Editor - Family Wealth Report 7 January 2016

Millennium Trust Company Launches Alternative Investment Network

MAIN is launching with four platforms offering access to invest in private companies, hedge funds, real estate and other investments.

Millennium Trust Company has established the Millennium Alternative Investment Network, an online service for individuals and advisors dedicated to simplifying the custody of alternative investments, the firm said.

“Not only does MAIN provide individuals and advisors with access to a range of investment platforms and alternative assets they may not have previous been aware of,” said Scott McCartan, chief executive of Millennium Trust Company, “but we’ve also learned from the fintech industry’s laser-focus on the user experience. Investing in alternatives has historically been a cumbersome, paper-centric process and we are committed to using technology to change that.”

Real estate crowd-funding and small businesses loans are two examples of areas the network will cover.

"Real estate crowd-funding allows investors to access a wide variety of investment opportunities, and upcoming regulatory changes will allow more investors to participate," said Amy Kirsch, head of investor relations at PeerRealty. 

"StreetShares is happy to join MAIN and to provide investors with the ability to access a unique asset: small businesses loans. Not only do our investor members have the potential to earn stable returns that are uncorrelated to traditional asset classes, but by providing capital to small businesses they help create jobs, and strengthen our communities," added Mark Rockefeller, CEO and co-founder of StreetShares.

Millennium Trust said it does not provide due diligence on prospective investments, platforms, sponsors or service providers and does not sell investments or provide investment, tax or legal advice.

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