Avestor charges a $400 monthly minimum fee covering $1M AUM
Badri Malinar · This SaaS For Fund Manager's Just Hit $40k of MRR charing a % of AUM Managed · Oct 12, 2023 · at 8:57
Badri Malinar, co-founder of Avestor, explains the platform's pricing tiers and membership structure to Nathan Latka.
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“There is a minimum of 400 dollars per month, even if you have so we have kind of converted into a membership model where you have to pay 400 dollars because we have a mastermind where people can interact with other fund managers, and that 400 dollars a month includes access to the mastermind Plus it includes the first million in AUM, if that makes sense.”
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More from Badri Malinar
Malinar: Private funds have nearly overtaken public markets in size
“Today, the private fund industry is almost overtaken the public markets. There are trillions.”
Malinar claims Avestor is the only customizable evergreen fund platform
“We are the only platform in the world which offers a customizable fund, and a customizable fund is an evergreen fund.”
95% of Avestor LPs prefer picking specific deals over blind pools
“What we have found is 95% of our investors really prefer to pick and choose which deals you want, which asset classes you want, which timeframe you want.”
Malinar claims Avestor has under 5% lifetime fund churn
“In fact, it's strange that you mentioned that we have probably the lowest amounts of churn, less than five percent for a SaaS business.”