Alt Investments

CAPTRUST Agrees Alternative Investment Platform Pact

Editorial Staff April 25, 2024

CAPTRUST Agrees Alternative Investment Platform Pact

The wealth manager will use the SaaS offering from CAIS.

CAPTRUST, the US financial advisory firm with more than $800 billion in client assets under advisement, has chosen CAIS to put all its alternative investment products and processes onto a single platform.

The firm’s advisors will use CAIS’ software-as-a-service technology.

“Working with CAIS will play a critical role in eliminating the operational burdens typically associated with investing in alternatives and creating a more streamlined and scalable solution for our clients,” Michael J Vogelzang, managing director and chief investment officer at CAPTRUST, said. 

The SaaS offering is powered by CAIS’ technology and enables independent financial advisors to centralize their fund positions – no matter where they are sourced – through automated processes across the entire alternative investment lifecycle.

The CAIS platform also provides integration into CAPTRUST’s custodians and reporting providers, including BNY Mellon’s Pershing, Fidelity, Charles Schwab, and Black Diamond. 

In recent arrangements, CAIS expanded its relationship with Baird, the wealth and asset manager.

CAIS is a business that is designed to improve access to alternative investments such as private equity, credit, infrastructure, real estate and hedge funds. Similar organizations include iCapital in the US and Moonfare in Germany. 

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