Reverence Capital Partners Selects CAIS for Efficient Access to the Independent Wealth Channel

Alts Demand Continues to Rise Amid Challenging Market

New York – January 18, 2023 – CAIS, the leading alternative investment platform, today announced that Reverence Capital Partners (“Reverence”), a global investment firm focused on private equity and structured credit, will onboard select alternative investment strategies to the CAIS platform as it seeks to expand and diversify their shareholder base in the independent financial channel.

The addition of Reverence’s products aligns with CAIS’ commitment to make alternative investment opportunities available to the independent wealth channel to ensure these financial advisors have the same access as large institutional counterparts. The onboarded Reverence funds will be made available to the thousands of RIAs and IBDs that utilize the CAIS platform for access to alternative investment funds. The Reverence funds have undergone a third-party due diligence approval conducted by Mercer.

“Reverence Capital Partners understands the unique needs of the independent financial advisor community and we are thrilled to partner with the Reverence team to help expand access to their strategies through our platform,” said Matt Brown, Founder and CEO of CAIS. “With allocations to alternatives expected to continue rising in 2023, we believe that adding additional quality alternative products on the CAIS Platform is essential to empowering advisors to gain confidence in meeting client expectations.”

A recently-published CAIS-Mercer survey found that nearly 88% of financial advisors intend to increase their allocations to alternative asset classes over the next two years. That same survey also found that 75% of asset managers and investment professionals identified a lack of education around alternative products and strategies as one of financial advisors’ greatest challenges in accessing the asset class. To address this need, CAIS will offer educational courses for each Reverence fund listed on the platform through CAIS IQ, its tech-enabled educational offering, which helps financial advisors better understand alternative products and strategies.

“We’re excited to partner with CAIS to offer these funds to a broader investor base of financial advisors,” said Milton Berlinski, Managing Partner at Reverence. “Through our experience across asset and wealth management, we’ve seen the challenges associated with accessing and selecting quality private market products. CAIS is uniquely positioned to provide the technological and educational resources to help tackle these concerns.”

Reverence will also participate in the second annual CAIS Alternative Investment Summit, which will be held on October 16-18, 2023, at the Beverly Hilton in Los Angeles, California.

Reverence participated in CAIS' $340 million equity raise in 2022, alongside Apollo, Motive Partners, Franklin Templeton, Hamilton Lane, and Stone Point Ventures.

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