Alternative investment platform CAIS says it has partnered with investment management firm Davidson Kempner Capital Management to provide access to some of its offerings for independent wealth managers.
Among the Davidson Kempner strategies CAIS will offer are multi-strategy and opportunistic options, CAIS says.
According to CAIS, the new offering comes at a time as more and more investors tap alternatives as a hedge against rampant inflation. The firm adds that a survey it conducted this year found that 84% of advisors are recommending that clients meeting accredited investor requirements allocate some of their funds toward alternatives.
"As investors are increasingly turning to alternatives to build out their modern three-dimensional portfolios, we are eager to partner with Davidson Kempner to make quality investment strategies more widely accessible for the wealth management community,” Matt Brown, founder and chief executive officer at CAIS, said in the announcement. “The Davidson Kempner leadership team shares our commitment to leveling the playing field for financial advisors and their clients alike, and we are proud to be the technology-bridge for some of the largest and longest-tenured managers in the industry.”
Founded close to four decades ago, Davidson Kempner has more than 450 staff overseeing more than $38 billion from New York, Philadelphia, London, Dublin, Hong Kong and Shenzhen, according to CAIS.
CAIS, which was founded in 2009, works with more than 6,600 advisor firms and teams representing more than $2.5 trillion in network assets, the company says.