At Exempt Edge, we love to celebrate our client’s success. In honour of this commitment, we’ve started a client spotlight series. This month, we interviewed Rex McNally, Partner at MAVAN Capital Partners.
Tell us about MAVAN Capital Partners
As far as we know, MAVAN Tech Opportunity Fund #1 is the only Technology Fund in the Exempt Space. This provides a unique investment opportunity for diversification in a marketplace currently saturated with real estate products.
We are a diverse team of successful business professionals with extensive private and public company management experience across many industries. We have built strong relationships which provides access to opportunities not commonly available to most investors. Our mission is to utilize our global network to provide our investors access to exclusive opportunities that they would not have access to on their own
What sets MAVAN apart?
Bringing a “true” Technology Fund to a Real Estate dominated marketplace has definitely come with some challenges but ones we knew we would face and could also overcome.
Technology is one of the fastest growing asset classes and is playing a bigger role in all levels of investment portfolios – why shouldn’t it play the same role at this level?
We feel our product compliments the traditional real estate plays and truly diversifies clients beyond them. So, short answer to what set’s us apart is that MAVAN plays a diversification role for advisors and investors within this space.
What are MAVAN’s future goals?
Our goal is to be the industry champion and leader in the Technology Asset Class. We want to be known for our exclusive deal flow, attention to detail and creativity when it comes to our offerings. We believe transparency and alignment are critical and crucial to all parties. A good deal is a deal that is good for everyone.
What are your hopes for our industry?
Great question…Our hopes are to see that we as an industry can come together and find more efficient and effective ways to deliver quality products to the investor base with strong compliance and ongoing due diligence.
How has Exempt Edge software impacted your day-to-day business?
In a word, “Massively”. The MAVAN team looks a Technology deals regularly and one of the parameters that we look for is, “does this solve a business problem?”. EE does exactly that. We have decided to use EE for its expertise in high integrity data management, high volume transaction processing and reconciliations. With that being said, EE has helped us be more efficient, agile and structured.
How has your experience been with the Exempt Edge team?
Awful!!! Just kidding! The team has been nothing less than amazing, from on-boarding to trouble shooting and even product enhancements. The team is there when you need them and that is huge!
Anything else you’d like people to know?
We’re excited to share that we are about to launch our second fund which is a Venture Capital Corporation (VCC). A VCC is a tax driven offering that focuses on investments made into early stage companies in British Columbia. With our strong ties to the technology community here in BC it is a natural fit and progression for MAVAN Capital Partners.