CAPTRUST Agrees Alternative Investment Platform Pact with CAIS

CAPTRUST Partners with CAIS for Alternative Investment Platform

In a strategic move to enhance its alternative investment offerings, CAPTRUST, a leading US financial advisory firm managing over $800 billion in client assets, has partnered with CAIS. The collaboration will see CAPTRUST leveraging CAIS’ software-as-a-service (SaaS) technology to streamline its alternative investment products and processes onto a single platform.

Michael J Vogelzang, managing director and chief investment officer at CAPTRUST, expressed enthusiasm about the partnership, stating that working with CAIS will help eliminate operational burdens associated with investing in alternatives and create a more efficient solution for clients.

The CAIS platform will enable CAPTRUST advisors to centralize fund positions, regardless of their source, through automated processes across the entire alternative investment lifecycle. Additionally, the platform offers seamless integration with CAPTRUST’s custodians and reporting providers, including BNY Mellon’s Pershing, Fidelity, Charles Schwab, and Black Diamond.

This partnership comes on the heels of CAIS expanding its relationship with Baird, another prominent wealth and asset manager. CAIS is known for its commitment to improving access to alternative investments such as private equity, credit, infrastructure, real estate, and hedge funds, aligning with the growing trend of democratizing access to these asset classes.

With this collaboration, CAPTRUST is poised to enhance its alternative investment capabilities and provide clients with a more streamlined and scalable solution for their investment needs. The partnership underscores the firm’s commitment to innovation and delivering value to its clients in an ever-evolving financial landscape.