NEW YORK, June 18, 2015 /PRNewswire/ -- CAIS, the
leading alternative investment platform for the independent wealth
management industry, and Mercer, the global leader in investment
consulting, have expanded their long-standing strategic
relationship by adding institutional private equity to the CAIS
platform.
For over 30 years, Mercer has advised top institutions
allocating more than $22 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," said 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 $2.5 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," said 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."
CAIS and Mercer are committed to democratizing access to private
equity and have dedicated joint resources to educate advisors on
the new offering. The two firms are co-hosting a series of
research calls, educational events and one-on-one advisor
meetings.
About CAIS
CAIS (www.caisgroup.com) is a leading financial product platform
offering wealth management professionals access to a diversified
menu of funds and products. CAIS provides streamlined execution to
an expanding list of alternative investment funds, IPOs and
follow-ons, structured notes and real assets. CAIS delivers a suite
of portfolio construction and reporting tools, and complements its
fund offering with independent due diligence provided by
Mercer.
CAIS Capital LLC is a registered broker-dealer, member FINRA,
SIPC.
About Mercer
Mercer is a global consulting leader in talent, health, retirement
and investments. Mercer helps clients around the world advance the
health, wealth and performance of their most vital asset – their
people. Mercer's more than 20,000 employees are based in more than
40 countries and the firm operates in over 130 countries. Mercer is
a wholly owned subsidiary of Marsh & McLennan Companies (NYSE:
MMC), a global professional services firm offering clients advice
and solutions in the areas of risk, strategy and people. With
57,000 employees worldwide and annual revenue exceeding
$13 billion, Marsh & McLennan
Companies is also the parent company of Marsh, a leader in
insurance broking and risk management; Guy Carpenter, a leader in
providing risk and reinsurance intermediary services; and Oliver
Wyman, a leader in management consulting. For more information,
visit www.mercer.com. Follow Mercer on Twitter @Mercer.
CONTACT:
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Alayna
Francis
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Jami
Schlicher
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Mercer
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CAIS
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212 345 1315
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973-850-7309
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Alayna.Francis@mercer.com
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jschlicher@jcprinc.com
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SOURCE CAIS