CAIS adds new private debt strategies to marketplace
Alternative investment platform CAIS has extended its offerings to include a slew of private debt funds for its independent financial advisor clientele.
Over the past year, the platform has introduced strategies from BlackRock, Blackstone, Golub Capital, Kayne Anderson, and T. Rowe Price/Oak Hill Advisors for the first time.
It has also expanded the strategies being offered by alternative asset managers such as Apollo, Ares Management, Bain Capital, Blue Owl, Davidson Kempner Capital Management, Franklin Templeton, KKR, Nuveen, Partners Group, Reverence Capital Partners, and Vista Equity Partners.
Read more: $25bn Apollo/Citi deal brings private credit into the mainstream
The new strategies include private debt, private equity, hedge funds and real estate, the platform said.
“As advisors continue to adopt alternative investments into their businesses, we support the commitment of asset managers to invest in the tools and education needed to meet their goals and objectives,” said Neil Blundell, head of investments at CAIS.
“Our single-platform solution streamlines the entire alternative investment lifecycle, helping asset managers make their products more accessible to the wealth market.”
Read more: Blackstone and Generali to launch French retail private debt fund
All new alternative investment strategies on the CAIS Marketplace will go through third-party due diligence by Mercer.
CAIS serves more than 2,000 wealth management firms that support more than 50,000 financial advisors who oversee approximately $6tn (£4.47tn) in end-client assets.
Read more: Private debt gains traction with individual investors and insurers