Prometheus Alternatives Launches New Access Funds Program

Article

FREE Breaking News Alerts from StreetInsider.com!

StreetInsider.com Top Tickers, 7/22/2026

1. USO
2. DHR
3. SPY
4. GM
5. SMCI

6. AMD
7. EFX
8. ALK
9. NVDA
10. PSKY

Top News Most Read Special Reports

March 23, 2022 10:39 AM EDT

E-mail

Next Generation Solutions for Accredited Investors, Wealth Advisors, Asset Managers

LOS ANGELES--(BUSINESS WIRE)-- Prometheus Alternative Investments, Inc., a Los Angeles, California-based social marketplace platform providing institutional-quality information, insights, and alternative investment opportunities to high-net-worth (HNW) investors, wealth advisors, and asset managers, today announced the successful launch of its Access Funds program.

With its first feeder fund now live, the program offers accredited investors, who represent over $177 trillion in assets globally, the ability to discover, research, and transact at lower minimum investment amounts (as low as $25,000) across an expanding menu of high-quality fund managers covering hedge fund, venture capital, private equity and credit, real estate and crypto strategies. All underlying fund managers participating in the Access Funds program undergo rigorous initial assessments and ongoing monitoring by an experienced Prometheus due diligence team.

The Access Funds program is complemented by Prometheus’ innovative technology platform, which introduces new levels of transparency, such as the ability for investors and advisors to learn about, and engage with, a curated selection of established and emerging fund managers through an intuitive user experience. The rapidly evolving platform also includes unique multimedia content from an expanding ecosystem of investment professionals, educational resources for investors and productivity-enhancing tech, such as an electronic Subscription Passport.

“Prometheus is one of the world's first social community and marketplaces built specifically for investment industry professionals,” said Michael Wang, Founder and Chief Executive Officer of Prometheus. “We’re proud to be helping compelling fund managers build exposure and grow AUM with a modern, compliant, digital distribution channel. Prometheus, and our Access Fund program, are increasingly being considered as a better way to efficiently reach the hugely under-penetrated HNW, RIA, and self-directed IRA investor segments.”

“This is another exciting milestone for Prometheus, demonstrating our commitment to empowering the next generation of investors with knowledge and equal access to financial opportunities,” added Leo LaForce, Chief Client Officer at Prometheus. “The launch of our Access Funds program is just the beginning in our efforts to bring some of the highest-quality fund managers and wealth creation tools to the largest amount of investors possible.”

About Prometheus Alternative Investments

Prometheus was founded by hedge fund professionals seeking to modernize the alternative investments industry and share insights gained over their years of managing and growing multi-billion dollar funds. Understanding that non-traditional investments depend on building relationships, CEO Michael Wang coupled the idea of a social network with a digital fund marketplace. Prometheus’ vision is to enable established and emerging managers of all strategies to connect with the right capital at scale, bringing their edge to life in ways the Next Generation of investors want. Through its platform tools and Access Fund program, Prometheus will also provide accredited investors of all types the ability to construct and manage diversified, institutional-quality portfolios with new levels of efficiency and transparency.

For more information, please visit PrometheusAlts.com.

Please see disclosures here.