The new organization said its investment strategy concentrates on private fund managers and opportunities typically in the lower middle market. 

A US family office, IWP Family Office in Denver and with $2.5 billion in assets, has spawned Evolution Private Investment Collective, aka EPIC, an investment management firm.

EPIC concentrates on the world’s $7.3 trillion private investment market. EPIC’s first fund, which closed in 2018 at $52 million (when inside the family office), is fully allocated to 29 investments across 27 managers. 

“Following the successful execution of our strategy inside of a $2.5 billion multi-family office, we saw an opportunity to expand our reach to a wider universe of advisors and their clients who are consistently pitched a story of access as the sole solution to participate in private markets,” Alec Garza, managing principal and co-founder of EPIC, said. “Realistically, in addition to access, advisors need to be confident that they are investing in high quality opportunities, meeting client investment objectives, and offering a scalable and consistent strategy. All without significantly increasing their overhead and introducing administrative complications. We believe we are the only group acknowledging advisors' needs in a holistic way.”

The EPIC investment strategy focuses on private fund managers and opportunities typically in the lower middle market. 

The firm says that its strategy has lower minimums for investors while also reducing concentration risk through diversification across 20 to 30 different managers within the portfolios. Rather than one generic allocation to a pooled fund, a unique share class structure gives advisors and their clients the ability to customize allocations depending on their legacy portfolio and investment objectives.

“The existing infrastructure that underpins private markets accommodates large institutions while simultaneously acting as a barrier to entry for advisors and their clients. Despite the growing size of private markets, only 14 per cent of independent financial advisors have found a viable private market solution for their clients. Much like the theme of democratization that has taken over public markets, there is growing investor demand to participate in the value created in private markets,” Garza said.