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Investment bankers launch online platform

Former senior bankers from JPMorgan and UBS have established an online investment platform for those seeking exposure to a wide range of asset classes including property developments.

Rob Nankivell and Travis Miller, along with 13 other shareholders, expect their new iPartners platform to raise up to $75 million in the short term from sophisticated and wholesale investors.

“Travis and I established iPartners as we saw a strong demand for an online investment platform that enables investors and those seeking capital across a range of asset classes to transact in an efficient and transparent manner,” Mr Nankivell said.

Investors with a minimum of $10,000 can join the iPartners platform to gain access to asset classes that normally require a greater investment threshold.

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iPartners sorts whether a user is a retail or wholesale investor. Wholesale investors gain direct access to the deal’s data room featuring documents including feasibility studies, term sheets, project information and risk analysis.

The last step in the process involves investors selecting their transaction amount and signing agreements and the confirmation of their investment.

iPartners then constructs a bookbuild based on the investor demand, forming the basis on which investment allocations are determined and scaling is executed.

The progress of the investments as well as changing unit prices are regularly updated and posted on the investor’s own dashboard on the platform, which will also provide access to a unique secondary market in which units can be traded with other investors on the platform.

“Our partnering lending model allows us to access the billions of dollars in investment funds seeking highly prospective projects that were previously only the precinct of large unit trusts and also banks through lending,” Mr Nankivell said.

“As the trustee of the investments, iPartners applies a strict assessment of the risks and opportunities associated with each investment we facilitate.”

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