Goji Achieves 50% growth in Assets Serviced Amid Growing Demand from Global Asset managers

  • Investment , Asset Management
  • 07.06.2021 01:20 pm

Goji, a UK-based technology investment platform that provides individual investors with access to private asset investments, has achieved a 50% increase in assets serviced to £1.19 billion amid growing demand for its products from global asset managers in the year ended March 31, 2021.

Despite the challenging backdrop of the Covid-19 pandemic, Goji reported a 27% increase in its user base to 20,000+ individual investors and 690 corporates across over 65 jurisdictions, as global managers increasingly seek to distribute their funds to new pools of capital regardless of asset class or fund domicile. To further capitalise on this growth, Goji has announced the appointment of Premal Vadgama and Matt Chapman to spearhead business development, fulfil this surge in demand and help scale its growth. Vadgama previously worked in business development at Apex Fund Services, while Chapman joins from JPMorgan Chase & Co. where he worked in technology sales.

Goji’s technology automates the client due diligence, onboarding, payments, custody and reporting processes to enable private investment managers – such as private equity, private real estate and private debt fund managers – to seamlessly take on new investors including high net worth individuals, wealth managers and institutional LPs. Asset managers, fund managers and fund administrators can leverage the platform to manage investors securely and at scale, while allowing them to efficiently track their investment throughout its lifetime.

“We are thrilled to help a growing range of investors keep apace of developments and opportunities in the alternative investments sector as more managers seek to raise capital from new investor groups,” said David Genn, CEO of Goji. “We look forward to using our technology to help them improve the investor experience while driving operational efficiency as we continue our mission to make it as easy for investors to access alternative investments as their mainstream counterparts.” 

We are excited to welcome Premal and Matt to Goji,” continued Genn. “They bring a huge amount of relevant experience in the technology and asset management fields as we further build out our capabilities and gain traction with investors and managers. We’re looking forward to their contributions as we continue rolling out new products that enable individual and institutional investors to access private market investments.”

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