CAIS, an alternative investment platform for independent financial advisors based in New York City, is expanding its menu of alternative products from 10 alternative asset managers, CAIS announced today.
The addition of the products will give financial planners using the CAIS platform a wider range of alternative investments to offer clients, CAIS said.
The alternative asset managers that are being added to the CAIS platform or who are expanding the products they provide are Apollo Global Management, Bain Capital, Blue Owl Capital, The Carlyle Group, Fidelity, Franklin Templeton, KKR, Neuberger Berman Group, Partners Group and Stepstone Group.
The new products span a range of alternative offerings, including private equity, private debt, and real estate. The structures being used are interval funds, 40 Act Funds, BDCs, and non-traded REITs.
Financial advisors are asking for more alternatives to offer their clients and most say they intend to increase the alternative products they use by 2025, according to Matt Brown, founder and CEO of CAIS.
“Asset managers recognize the enormous opportunity within independent wealth management to grow and diversify their investor base” through the use of alternative investments, Brown said in a statement. “The managers who are successfully winning in wealth are following a similar playbook, (which is) dedicating meaningful resources to serve financial advisors and creating wealth-friendly investment structures and strategies.”
Asset managers using the CAIS platform have access to pre-trade, trade and post-trade technology; a custom online education offering known as CAIS IQ; digital marketing support; and integrations with leading custodians, reporting providers, fund administrators, and transfer agents, CAIS said.
“CAIS’s infrastructure and scale significantly streamline the alternative investment lifecycle, both for asset managers and the independent wealth community,” Brown said.
CAIS provides advisors with alternative investment strategies such as hedge funds, private equity, private debt, real estate, digital assets, and structured notes, allowing them to capitalize on opportunities and withstand ever-changing markets, the firm said. CAIS provides alternative products for more than 32,000 advisors who oversee more than $4 trillion.