Titanbay partners with Mercer for fund launch
Titanbay has partnered with Mercer to launch a new fund-of-funds to provide diversified private markets access to wealth managers and private banks.
The Titanbay 2024 Vintage Fund-of-Funds includes different strategies investing across sectors, geographies and risk profiles as well as vintages. It has exposure to approximately 200 underlying companies.
“At Titanbay, we understand the complexities and challenges wealth managers and private banks face in private markets investing,” said Ossama Soliman, chief executive of Titanbay. “Our new fund-of-funds programme is designed to simplify this process, providing diversified exposure, access to top-tier managers, and streamlined administration.”
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The fund is able to provide early liquidity to investors through different distribution profiles, using investments in private credit and secondaries, which offer more regular cash flows. It will operate with semi-annual capital calls to simplify the procedure for investors.
“Our extensive due diligence and manager selection process ensure that the funds included in our programme are well-positioned to deliver attractive returns even during periods of economic uncertainty,” said Alex Bozoglou, head of investments.
Titanbay was set up in 2019 as a platform to simplify access to private markets for wealth managers. The firm has since facilitated investments in more than 35 private markets funds. It has more than $1bn (£763m) in assets under management and 30 established partnerships.
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