CoInvestor secures seven figures in funding round

CoInvestor, the alternative investment platform for sophisticated private investors, has raised £1.1million in additional capital in under two weeks as it seeks to accelerate growth following a successful six months since full launch. The funding builds on pre-existing capital raised from a number of individual and corporate investors, with 60% of the new funds coming from existing shareholders and 40% from new investors. The business has also strengthened its Advisory Board with the addition of Ian Peacock, Head of UK and Ireland at IG Group, where he joins Jonathan Polin, Group CEO of Sanlam (UK). Peacock will help to provide high level strategic advice as the business enters a new growth phase. Read more: finextra.com