TMCnet News
CAIS Expands Marketplace Offerings with Blackstone's Alternative Investment StrategiesCAIS, the leading alternative investment platform for independent financial advisors, today announced that Blackstone, the world's largest alternative asset manager with over $1 trillion in assets under management, has expanded CAIS Marketplace offerings with Blackstone's alternative investment strategies. "We are committed to providing independent advisors with access to the leading alternative investment strategies from the top alternative asset managers in the industry," said Matt Brown, Founder and CEO at CAIS. "As advisor demand for alternative investments accelerates, we are excited to welcome Blackstone, a firm that shares our vision in delivering quality education and strategies to financial advisors everywhere." Selected Blackstone strategies, which have undergone third-party due diligence by Mercer, will be made available to CAIS' network of RIAs, independent broker dealers, and RIA aggregators that oversee more than $4T in assets. Blackstone, like all alternative asset managers on the platform, will benefit from a custom analytics dashboard designed to optimize their platform engagement, pipeline management, and sales efforts. Asset managers on the platform also receive access to an online education offering (CAIS IQ), digital marketing support, and integrations with leading custodians, reporting provides, and fund administrators. "We are pleased to collaborate with CAIS to introduce a number of Blackstone's strategies to their broad network of independent advisors," said Todd Myers, Sr. Managing Director & Chief Operating Officer of Private Wealth Solutions at Blackstone. "The growing number of advisors using private markets as a core portfolio allocation need just the type of deep commitment Blackstone and CAIS are making." Blackstone is among the many alternative asset managers participating at the third annual CAIS Summit - the industry's marquee gathering of independent advisors and alts managers taking place from October 14-17 at the Beverly Hilton in Los Angeles, California. To learn more about the event and inquire to attend, click here. About CAIS CAIS is the pioneer in democratizing access to and education about alternative investments and structured notes for independent advisors, asset managers, and bank issuers, empowering them to engage and transact on a massive scale. We believe that the combination of industry-leading technology and human interaction throughout the pre-trade, trade, and post-trade experience delivers superior operational efficiency and a world-class client experience. CAIS provides advisors with access to a broad selection of alternative investment strategies, including hedge funds, private equity, private debt, real estate, digital assets, and structured notes, allowing them to capitalize on opportunities and withstand ever-changing markets. CAIS streamlines the end-to-end transaction process through digital subscriptions and powers integrated reporting through leading US custodians and reporting providers, making investing in alternatives simpler. CAIS also enables advisors to centralize all their alts and notes on one platform, whether they were purchased on or off the CAIS platform, through CAIS Solutions, and helps advisors create custom fund vehicles around ideas they source. Founded in 2009, CAIS, a fintech leader, supports over 32,000 advisors who oversee more than $4 trillion in network assets. Since its inception, CAIS has facilitated over $30 billion in transaction volume. CAIS has offices in New York, Los Angeles, Austin, and London. For more information about CAIS, please visit www.caisgroup.com. Securities offered through CAIS Capital LLC, member FINRA, SIPC.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240509318307/en/ |
