Glossary

Assets under management (AUM) is the total market value of the investments that a person or financial institution manages on behalf of its clients.

One distinguishes between closed-ended and open-ended Private Markets funds. Closed-ended funds have a limited lifetime and a predefined size. Open-ended funds have a undefined lifetime and size.

The ISIN is globally used for the identification of specific securities (like funds, shares and bonds). ISINs are designated to securities to enable settlement and clearing procedures. An ISIN consists of a twelve-digit letter-number combination.

Investment ticket describes the accumulated amount of money from investors that is invested into a Private Markets fund.

A key performance indicator (KPI) measures the progress with respect to critical success factors of an investment (portfolio).

The multiple of money (MoM) is a Private Markets fund performance measure that shows how many times an investor’s initial investment has multiplied.

Net asset value (NAV) represents  the net value of an entity and is calculated as the total value of the entity’s assets minus the total value of its liabilities.

The ownership of a company by a Private Equity fund is characterized by the entrepreneurial Private Equity fund, which acts with one voice on behalf of all its investors.

The Swiss criteria for a qualified investor are:

Bankable assets of at least CHF 500’000 AND the necessary knowledge to understand the risks associated with the investments based on the investor’s training, education and professional experience or on the basis of comparable experience in the financial sector.

OR

Bankable assets of at least CHF 2 million.

For both requirements, only the liquid assets can be taken into account, in particular bank balances, securities, derivatives, precious metals, life insurances and surrender claims from fiduciary relationships, but not real estate investments and social security claims or benefits from occupational pension schemes.

A securities account is a certain kind of account for the safe-keeping of securities on behalf of an investor by a bank.

Depending on the Private Markets fund investment opportunity, you either invest directly in the Private Markets fund or you invest in a Private Markets fund via a special purpose vehicle (SPV).

The SPV, is a legal entity and has the sole purpose of executing the investments into the Private Markets fund. Thus, the individually invested money is tied up to an SPV over a period of ~10 years and cannot be accessed.

For each Private Markets fund investment opportunity, iAccess Partners transparently outlines if the investment is done directly in a Private Markets fund or via a SPV.

The sum of cumulative, individual investments in a specific Private Markets fund, as specified by iAccess Partners, at which the investment opportunity takes place.

The total value is calculated as the sum of the total distributions plus the current net asset value (NAV) of the underlying Private Markets fund.

The aim of a Private Equity fund is to increase the value of its own companies. This can be done by increasing the company’s profits and making the business model more robust.

iAccess Partners provides a white label solution to financial institutions, enabling them to offer top-performing Private Markets funds to their clients, starting with a minimum investment amount of 25’000 Swiss Francs. This white label solution is catered to the needs of financial institutions.

If you are interested in iAccess Partners' white label solution, please do not hesitate to contact us at info@iaccesspartners.com