CAIS, an alternative investment platform for the independent wealth management industry, and investment consulting specialist Mercer, have added institutional private equity to the CAIS platform.
For over 30 years, Mercer has advised top institutions allocating more than USD22 billion across private equity, venture capital and real estate investments. Now, through the CAIS platform, RIAs and family offices can access Mercer's strategy recommendations, due diligence summaries on selected funds, and an active menu of investable third party funds. Additionally, Mercer will provide access to their proprietary multi-manager fund through CAIS.
Mercer's private equity research team actively follows over 500 fund managers which represent approximately 1,200 strategies globally. Based on this research, Mercer manages a heat-map across the spectrum of opportunities, which leads to a selection of investable funds. The Mercer strategy heat-map and individual fund recommendations will be made available on the CAIS portal.
"We are pleased to expand our relationship with Mercer and offer advisors an ongoing menu of highly rated third party private equity funds," says Matt Brown, CAIS Founder and CEO. "With the experience, credibility and fund manager relationships of Mercer, CAIS intends to offer the premier private equity solution coupled with the intuitive technology advisors have come to expect from us."
CAIS member-firms, which include RIAs and family offices, have transacted approximately USD2.5 billion across the platform, in a broad array of alternative investments funds and capital markets offerings. The CAIS platform offers access to a diversified menu of private funds at lower investment minimums, with independent due diligence from Mercer, electronic subscription processing and integrated custodial reporting.
"Mercer is committed to delivering advisors the most comprehensive private equity solution available," says David Eisenberg, North America Director of Client Consulting at Mercer. "The rapid adoption of the CAIS platform by the RIA and family office community over the past five years, as well as the firm's strong commitment to technology, makes CAIS the natural choice to deliver a world class PE offering."
