Key Takeaways
- • CAIS, an alternative investment platform serving independent financial advisors, announced an expansion of alternative strategies from leading managers on its CAIS Marketplace, per a Business Wire release dated September 19, 2024.
- • New managers introducing strategies on the platform in 2024 include BlackRock, Blackstone, FS Investments, Golub Capital, Hines, Kayne Anderson, Stonepeak, and T. Rowe Price/Oak Hill Advisors.
- • Existing managers that expanded their strategy count this year include Apollo, Ares Management, Bain Capital, Blue Owl, Davidson Kempner Capital Management, Franklin Templeton, KKR, Nuveen, Partners Group, Reverence Capital Partners, and Vista Equity Partners.
- • CAIS reports its network covers over 2,000 wealth management firms overseeing approximately $6 trillion in end-client assets, with third-party due diligence on Marketplace strategies provided by Mercer.
- • The third annual CAIS Alternative Investment Summit is scheduled for October 14-17, 2024, at The Beverly Hilton in Los Angeles.
Summary
CAIS, which describes itself as the leading alternative investment platform for independent financial advisors, announced that it has expanded its lineup of alternative investment strategies from major managers. The release, distributed via Business Wire, frames the move as a effort to make alternative products more accessible to the wealth management channel.
According to the release, BlackRock, Blackstone, FS Investments, Golub Capital, Hines, Kayne Anderson, Stonepeak, and T. Rowe Price/Oak Hill Advisors introduced strategies on the CAIS Marketplace in 2024. Apollo, Ares Management, Bain Capital, Blue Owl, Davidson Kempner Capital Management, Franklin Templeton, KKR, Nuveen, Partners Group, Reverence Capital Partners, and Vista Equity Partners expanded the number of strategies they offer on the platform this year. Featured offerings span private equity, private debt, hedge funds, and real estate, and include wealth-centric structures such as interval funds, BDCs, and non-traded REITs.
Neil Blundell, Head of Investments at CAIS, said advisors' continued adoption of alternatives has prompted asset managers to invest in the tools and education needed to reach their objectives. Strategies on the Marketplace undergo third-party due diligence by Mercer and are made available to CAIS's network of over 2,000 wealth management firms, which the company says oversee approximately $6 trillion in end-client assets. Participating managers receive a custom analytics dashboard with real-time platform engagement data and support from the CAIS Asset Manager Partnerships team.
The third annual CAIS Alternative Investment Summit, to be held October 14-17 at The Beverly Hilton in Los Angeles, will feature speakers from several participating managers, including Torsten Slok (Apollo), Viral Patel (Blackstone), Michael Rees (Blue Owl Capital), Doug Krupa (KKR), and Martin Taylor (Vista Equity Partners). CAIS, founded in 2009 and headquartered in New York City with offices in Austin and London, says it supports more than 50,000 financial advisors.
According to the release, BlackRock, Blackstone, FS Investments, Golub Capital, Hines, Kayne Anderson, Stonepeak, and T. Rowe Price/Oak Hill Advisors introduced strategies on the CAIS Marketplace in 2024. Apollo, Ares Management, Bain Capital, Blue Owl, Davidson Kempner Capital Management, Franklin Templeton, KKR, Nuveen, Partners Group, Reverence Capital Partners, and Vista Equity Partners expanded the number of strategies they offer on the platform this year. Featured offerings span private equity, private debt, hedge funds, and real estate, and include wealth-centric structures such as interval funds, BDCs, and non-traded REITs.
Neil Blundell, Head of Investments at CAIS, said advisors' continued adoption of alternatives has prompted asset managers to invest in the tools and education needed to reach their objectives. Strategies on the Marketplace undergo third-party due diligence by Mercer and are made available to CAIS's network of over 2,000 wealth management firms, which the company says oversee approximately $6 trillion in end-client assets. Participating managers receive a custom analytics dashboard with real-time platform engagement data and support from the CAIS Asset Manager Partnerships team.
The third annual CAIS Alternative Investment Summit, to be held October 14-17 at The Beverly Hilton in Los Angeles, will feature speakers from several participating managers, including Torsten Slok (Apollo), Viral Patel (Blackstone), Michael Rees (Blue Owl Capital), Doug Krupa (KKR), and Martin Taylor (Vista Equity Partners). CAIS, founded in 2009 and headquartered in New York City with offices in Austin and London, says it supports more than 50,000 financial advisors.
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