CAPTRUST Agrees Alternative Investment Platform Pact with CAIS

CAPTRUST, a leading US financial advisory firm with over $800 billion in client assets under advisement, has recently announced a strategic partnership with CAIS to streamline its alternative investment platform. The firm’s advisors will now utilize CAIS’ software-as-a-service technology to centralize their fund positions and automate processes across the entire alternative investment lifecycle.

Michael J Vogelzang, managing director and chief investment officer at CAPTRUST, emphasized the importance of this collaboration in eliminating operational burdens associated with investing in alternatives and creating a more efficient solution for clients. The CAIS platform will integrate seamlessly with CAPTRUST’s custodians and reporting providers, including BNY Mellon’s Pershing, Fidelity, Charles Schwab, and Black Diamond.

In addition to this partnership, CAIS has also expanded its relationship with Baird, a prominent wealth and asset manager. CAIS is known for its mission to improve access to alternative investments such as private equity, credit, infrastructure, real estate, and hedge funds, similar to other organizations like iCapital in the US and Moonfare in Germany.

This collaboration between CAPTRUST and CAIS signifies a significant step towards enhancing the accessibility and efficiency of alternative investment options for clients, showcasing the ongoing evolution and innovation within the wealth management industry.