New proposition with Titanbay aims to enable wealth managers to invest in private markets with institutional level of access.
Mercer, a global leader in redefining the world of work, reshaping retirement and investment outcomes, and Titanbay, the private markets investment platform, announce today that they are working together to provide a comprehensive private markets solution for wealth managers and private banks. The Titanbay platform, by providing feeder fund vehicles that invest in Mercer’s private market solutions, will enable wealth managers to construct portfolios for their clients consisting of Mercer’s best ideas in private markets.
Mercer’s private markets solutions are designed to offer investors access to a wide spectrum of asset classes including private equity, private debt, infrastructure, real estate and sustainable themed opportunities. In an effort to democratise the access to private market investments, Titanbay’s platform facilitates seamless investing for wealth managers and their clients who are interested in having an exposure to Mercer’s solutions. Titanbay’s platform offers access to what they believe to be curated best-in-class funds in addition to bespoke structuring, streamlined marketing and operations, professional analytics and has the potential for improved liquidity via a secondary market.
The Titanbay proposition supports wealth managers by simplifying investing in private markets for a wider client-set through institutional level of access, reduced investment minimums and a sophisticated yet intuitive technology solution that is modular and provides full flexibility and control. It will initially be offered to wealth managers in Switzerland, the UK and other European markets.
Amit Popat, Partner at Mercer and Europe and AMEA Head of Wealth Management and Endowments & Foundations, said: “We’re delighted to be working with Titanbay to bring this innovative solution to wealth managers by combining Titanbay’s fintech flexibility and our leading private markets expertise. Investors will gain access to highly rated and potentially hard to access managers through our network of established relationships. This will provide attractive investment opportunities in markets and segments that are not easy to access and traditionally the preserve of institutional investors.”
Thomas Eskebaek, CEO of Titanbay, added: “We are delighted to work with Mercer to offer what we believe to be a comprehensive diversified private market solution for wealth managers and their clients. The exceptional investment opportunities, level of access and cost efficiencies we are able to provide is unparalleled in the market today and a testament to our shared commitment to widening access to the asset class.”
Source: Press release
