Monark supports IOIs submitted by Investors directly, or Advisors on behalf of their clients, across any of our supported asset classes. Monark collects IOIs to make data driven decisions on the supply side. See a description of the IOI submission logic below.

Investors

If an Investor is submitting an IOI, you should provide:

investorId- id of the Investor responsible for the IOI.
targetId- id of the asset that the IOI is associated with. Could be the id of a Pre-IPO SPV, Registered Fund, etc.
targetAssetClass - ENUM value, captures the asset class of the IOI.
notionalAmount - total dollar amount of the IOI.
currency - currency in which the IOI was submitted. USD is the most commonly value.

Advisors

If an advisor is submitting an IOI, you should provide:

advisorId - id of the advisor that is submitting the IOI on behalf of their clients.
numberOfClients - The number of underlying investors represented by the IOI.
targetId- id of the asset that the IOI is associated with. Could be the id of a Pre-IPO SPV, Registered Fund, etc.
targetAssetClass - ENUM value, capture the asset class of the IOI.
notionalAmount - the aggregate notional amount of the IOI, across all represented clients, which the advisor will indicate in the numberOfClients field.
currency - currency in which the IOI was submitted. USD is the most commonly used value.