Revolut brings private markets to the masses with Apollo, Ares partnerships

Revolut has partnered with four asset managers to offer private markets funds through its app, potentially opening the assets to its 75 million banking customers.

The fintech’s partnership with Apollo, Ares, Hamilton Lane and Partners Group will offer access to private equity, private credit and infrastructure assets.

Revolut customers will be able to access the funds through the investment platform on its banking app.

Offering access to private markets assets – investments that are not traded on public stock exchanges – to retail investors and via platforms has long been seen as a challenge due to the difficulty in liquidating investments. For example, an investment into a start-up may be tied up for years while the firm uses the capital to scale to profitability.

Due to these requirements private markets have generally had a large administrative burden and high minimum capital requirements.

These funds will use the EU’s ELTIF framework. This sees each fund holding a sleeve of highly liquid assets such as bonds or shares, offering periodic windows where investors can redeem their investments up to a predefined cap.

However, Revolut cautions that even with redemption opportunities the investments remain fundamentally illiquid.

Rolandas Juteika, Head of Wealth and Trading (EEA) at Revolut said, “Private markets have long been the missing asset class in the average investor’s portfolio, not for lack of interest, but for lack of access. By partnering with giants like Apollo, Ares, Hamilton Lane, and Partners Group, we are completely changing that dynamic.

“This isn’t just about offering lower entry points, it’s about giving our users the tools to build sophisticated, diversified, and resilient portfolios for the long term.

“These funds are intentionally structured for patient capital, matching the true nature of private assets, and we believe they will fundamentally level the playing field between everyday portfolios and institutional private markets investment strategies.”