CMB Monaco and OneRagtime have announced the signing of their distribution partnership. Together, they intend to give CMB Monaco’s clients privileged access to “early-stage and growth” investments in the best French and European tech start-ups, in order to diversify their asset portfolio.
A leading international private bank in Monaco since 1976 and part of the Mediobanca Group, CMB Monaco offers first-class services and the most advanced investment skills through innovative solutions and an agile approach. It helps its clients to manage, preserve and strengthen their assets, adopting sophisticated financial strategies organised around their requirements and ambitions.
As a specialist in venture capital in Europe, OneRagtime has already invested in more than 40 start-ups since its creation. OneRagtime’s experience, the exclusivity of its dealflow, its performance, which places it in the top decile of European venture capital funds, as well as its innovative model, based on its community of more than 250 investors and its technological platform, were crucial in establishing this partnership, CMB said.
Francesco Grosoli, CEO of CMB Monaco, said: “This partnership will allow us to offer our clients access to a diverse portfolio of innovative start-ups. We are also delighted to partner with a venture capital fund that shares our entrepreneurial and societal values.”
“We are delighted to join forces with CMB Monaco in the service of entrepreneurship and to give CMB clients access to exclusive investment opportunities in the best tech startups in France and Europe through our funds and club deals. Our community of entrepreneurs and investors is becoming even more international thanks to Monaco and its unique influence. Performance, impact and meaning are at the heart of our collaboration”, said Stéphanie Hospital, CEO and founder of OneRagtime.
PHOTO: Stéphanie Hospital and Francesco Grosoli