St. Louis (PRWEB) December 11, 2013
The newly-launched iSelect Fund (iselectfund.com), which gives accredited investors an unprecedented level of access to a promising portfolio of emerging growth venture opportunities, today announced it will begin hosting a digital portfolio call series featuring St. Louis entrepreneurs Dec. 18.
The online iSelect Portfolio Series will run indefinitely featuring the few, fully vetted and selected early-stage companies which were chosen by an elite committee of the region’s most prominent venture investment professionals, angel investors and entrepreneurs.
“We’re providing potential investors a never-before-seen level of transparent access to the companies in our investment portfolio,” said Scott Levine, founder of iSelect. “Prior to the enactment of the JOBS Act, it was not permissible for a company to publicly share the specifics of a private investment opportunity. A public event like this is incredibly progressive and almost unheard of because the concept is so new.”
In July, the U.S. Securities & Exchange Commission (SEC) ruled in favor of Title II of the JOBS Act, allowing private startups and small businesses to raise investment funding publicly. Title II took effect in September. The result has been a proliferation of platforms that allow nearly any company looking for capital to post its offering online. The iSelect Fund is uniquely different from the hundreds of angel and crowd funding platforms in that each individual company from hundreds of applicants that is ultimately selected by the Fund has been evaluated and approved by accomplished venture professionals.
Rather than just another platform enabling one-off online investment into a startup, the iSelect Fund allows accredited investors to create a hand-selected, diversified portfolio of as many as ten companies, subject to a minimum investment of $50,000. These accessible minimum investment thresholds are unique to iSelect and enables investors and their advisors to achieve exposure to the promising return potential of the venture asset class at an entry point that has been previously impossible.
The Portfolio Series (http://www.iselectfund.com/series) is designed to give investors a better idea of how they might like to diversify their venture investment portfolio to the selected companies.
iSelect has a strong presence in St. Louis and is currently expanding its reach in markets across the country.
“We are currently focused on St. Louis since the startup community is so strong here, but we’re eager to expand very soon,” said Levine. “We’re currently looking to establish a broader presence that can allow for a deeper pool of early stage participation in the fund.”