It is unheard of for the average person to invest in a bottle of wine or a piece of art that costs more than their home or even be allowed to do so. This is what US-based investment fund management platform Hedonova is making possible.

They are changing the game by bringing out-of-reach asset classes and alternative investments to the average person. In 2020, Alexander Cavendish and Suman Bannerjee started the Hedonova platform to give people the freedom to invest in anything they want, anywhere in the world. It is a hedge fund with a team of researchers, economists, investors, marketers, engineers, etc., spread worldwide.

When you think of investments, you likely think of bonds, stocks, and mutual funds, but what if you could invest in paintings, art, wine, startups, royalties, and more? The Hedonova team makes it possible for anyone to invest in a simple mutual fund with alternate asset classes.

So instead of investing in Apple, Microsoft, or Amazon stocks, you get to make alternate investments in assets such as:

• Cryptocurrencies

• Real Estate (commercial, industrial, warehouses, vacation rentals, data centers, etc.)

• Limited Equities

• Art (from the top 100 artists like Monet, Basquiat, etc.)

• Litigation Finance

• Wine and Whiskey (vintage, shipwrecked, auctioned)

• P2P Lending

• Startups (Flexport, Swiggy, SpaceX, etc.)

• Collectibles

• Non-Fungible Tokens (NFTs)

• Music Royalties

The Hedonova platform is intuitive and easy to use. Anyone from around the world is welcome to start investing with as little as $1,000. They charge a 1% management fee when you deposit your money into the fund, and the same is charged annually.

They also charge a 10% annual performance fee; this 10% is of your gross profits from dividends and capital gains. Hedonova does not charge you for removing your funds at any time. However, depending on the liquidity of the asset, it may take up to 30 days to redeem your funds.

Of course, as with any investment, there are risks involved. Since Hedonova makes speculative investments, there is a high risk of loss, and you should only invest strictly expendable capital. The platform mentions all the risks involved on its website, including the fact that state or federal regulators do not approve its offering documents.

At this point, you may wonder how Hedonova works and who owns the alternate assets they invest in. After all, you should know how and where your money is being used.

You might just want to go see and enjoy the artwork they bought with your money. Hedonova does not have ownership or custody of the art pieces they invest in, so seeing or enjoying the artwork is not

According to the Hedonova team, they invest in the artwork through syndicates and special purpose vehicles (SPVs). A group of investment firms typically forms these syndicates to procure art, private banks, art galleries, or dealers.

An SPV is set up by investors such as Hedonova and regulated under Regulation A by the SEC. The only assets owned by SPVs are the artwork and nothing else.

They have no indebtedness; their only purpose is to own, store, maintain, and arrange the artwork’s sale. As an investor, Hedonova buys shares of the SPV that owns the artwork and gains exposure in the form of traceable security.

All in all, Hedonova is offering something different that was not available to the general public before. Hedonova is a refreshing new way to invest in alternate assets, and you have likely never heard of or seen anything like it.

The platform offers a great opportunity to invest in new and different assets usually only reserved for people in the upper echelons of society. While there are risks that Hedonova discloses clearly, it is a great way to further diversify your investment portfolio with just $1,000.