Trade Republic Expands Access to Private Markets with Apollo and EQT Partnership.

Trade Republic has partnered with Apollo Global Management and EQT to provide retail investors with access to private markets, a traditionally exclusive asset class. The online broker aims to democratize private market investing, allowing retail investors to participate alongside institutions and the wealthy. The partnership is expected to expand investment opportunities and increase accessibility to private market assets.

Trade Republic, the German online broker, has partnered with Apollo Global Management (NYSE:APO) and EQT to bring retail investors into the private markets, an asset class traditionally reserved for institutions and the wealthy. This collaboration aims to democratize private market investing, allowing retail investors to participate alongside institutions and the wealthy Trade Republic opens private market access with Apollo, EQT^[1].

Through this partnership, Trade Republic clients will be able to invest in private funds starting from just €1 ($1.17) through fractional investing. This approach allows investors to purchase small portions of a bigger asset, making private market investments more accessible. Additionally, investors will have the option to redeem their investments on a monthly basis through Trade Republic's internal marketplace, a significant departure from the typical €10,000 minimum entry point and quarterly redemption cycles required by most private market funds Trade Republic Teams Up With Apollo, EQT in Private Markets Push^[2].

Trade Republic, co-founded by former Merrill Lynch banker Christian Hecker, has grown rapidly since its 2019 launch. The platform now serves more than 10 million customers across 18 European countries and manages over €150 billion in assets. It recently entered Poland, its first market outside the eurozone. The broker, valued at €5 billion in a 2022 funding round, counts Ontario Teachers’ Pension Plan and Sequoia among its backers Trade Republic opens private market access with Apollo, EQT^[1].

Apollo Global Management, Inc. (APO) and EQT are prominent players in the private equity and investment management sectors. Their involvement in this partnership underscores their commitment to expanding investment opportunities and increasing accessibility to private market assets.

This development is expected to attract more retail investors to the private markets, potentially increasing liquidity and diversity in the asset class. However, it also raises questions about the potential risks and complexities associated with private market investing for retail investors.