CAIS Strengthens Finance and Product Teams with New Leadership
Firm’s footprint to expand with the opening of Austin office, providing advisors with high-touch service in tandem with superior technology solutions
As CAIS continues to expand its solutions for the independent wealth management community, the firm has made several moves to strengthen its platform by adding new leadership to its finance and product teams along with the anticipated opening of additional regional offices. Markus Persson has joined CAIS as Director of Finance and David Kaul has joined as Director, Alternative Investments.
“CAIS continues to be a destination for accomplished professionals who seek an entrepreneurial challenge,” said Tim Shannon, CAIS President and COO. “As the platform reaches new levels, Markus and David will be instrumental in our ongoing success and we’re excited to welcome them to the team.”
Director of Finance Markus Persson was most recently Head of Corporate Accounting and Associate Director of Point72, L.P. In his new role, Markus will be responsible for leading all areas of Finance and Accounting for the Firm. Persson was previously with KPMG, LLP where he oversaw financial due diligence and audits for a range of clients including Credit Suisse, Deutsche Bank, American Express and the U.S. Treasury. Prior to launching his financial career, Persson was a professional soccer player in Sweden.
David Kaul brings extensive experience to his role as Director, Alternative Investments. He comes to CAIS from Stifel Nicholas & Co. where he headed up hedge fund and long-only LP manager research for Stifel Alternative Investments Group, which manages approximately $2 billion in liquid and illiquid investments. At CAIS, David will be in charge of fund origination, onboarding and relationship management. Kaul has also held positions with Barclays, where he was head research analyst, as well as with Muirfield Capital Management, Viking Investment Group and Union Bancaire Privée Asset Management.
In addition to adding new leadership to its team, CAIS also continues to expand its regional footprint. Following the successful launch of a Los Angeles office in 2015, CAIS is proud to announce that its new office in Austin, TX will open in January 2018. “Serving the needs of independent advisors requires finding a balance between providing superior technology solutions and a high-touch service model,” explained Shannon. “CAIS will continue to show our commitment by opening offices in key cities.”
The CAIS platform was launched in 2009 with the mission of empowering independent advisors by providing access to specialized investment products and services combined with a superior experience. Since that time, gross transaction volume has surpassed $5 billion, with over 650 advisor firms/teams actively transacting on the platform while thousands more regularly explore investment opportunities.
CAIS is the leading alternative investment platform for financial advisors who seek improved access to and education about alternative investment funds and products. CAIS provides financial advisors with a broad selection of alternative investment strategies including, hedge funds, private equity, private credit, real estate and structured notes, allowing them to capitalize on opportunities and/or withstand ever-changing markets. Additionally, CAIS provides an industry-leading learning system, CAIS IQ, that helps advisors learn faster, remember longer and improve client outcomes.
All funds listed on CAIS undergo Mercer’s independent due diligence and ongoing monitoring. Mercer diligence reports and fund ratings are available to advisors on the CAIS password-protected platform. CAIS streamlines the end-to-end transaction process through digital subscriptions and integrated reporting with Fidelity, Schwab and Pershing, making investing in alternatives simple.
Founded in 2009, CAIS, a fintech leader, is empowering wealth management by leveling the playing field for financial advisors everywhere.
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For more information about investment opportunities available on the CAIS Platform, contact a CAIS representative.