June 4, 2025
We are excited to announce the acquisition of Armada ETF Advisors, marking a strategic expansion into asset management. Alongside this acquisition, Inveniam is forming a partnership with industry veteran Phil Bak to develop innovative investment products designed to modernize access to private assets through Decentralized Finance (DeFi).
With this move, Inveniam is leveraging its cutting-edge data operating system to launch more efficient, scalable, and liquid investment solutions in private markets.. Armada ETF Advisors, known for its quantitative approach to real estate investing, brings deep expertise in managing institutional-grade portfolios, complementing Inveniam’s vision for a more transparent and accessible private market ecosystem.
“This acquisition and partnership reflect our commitment to unlocking new opportunities for institutional investors,” said Patrick O’Meara, Chairman & CEO of Inveniam. “We believe that we can elevate traditional ETFs by adding a next-generation framework that will provide digital access, valuation integrity, and a data-driven approach to private assets.”
Phil Bak, a pioneer in ETF innovation, added: “There has been a divergence in valuation and liquidity profiles for Real Estate and other alternative assets based on their product structure, and we believe that a convergence is inevitable. By leveraging Inveniam’s technology and innovative approach, we are poised to build breakthrough solutions for institutional investors.”
This partnership will allow both firms to build on the success of Armada’s existing ETFs while addressing key challenges in private asset investing, including valuation accuracy, data fragmentation, and liquidity constraints. The firms will work together to introduce a suite of DeFi focused investment vehicles leveraging Inveniam’s proprietary technology and Armada’s data-driven investment approach.