New proposition with Titanbay aims to enable wealth managers to invest in private markets with institutional level of access.
Mercer, a global leader in redefining the world of work, reshaping retirement and investment outcomes, and Titanbay, the private markets investment platform, announce today that they are working together to provide a comprehensive private markets solution for wealth managers and private banks. The Titanbay platform, by providing feeder fund vehicles that invest in Mercer’s private market solutions, will enable wealth managers to construct portfolios for their clients consisting of Mercer’s best ideas in private markets.
Mercer’s private markets solutions are designed to offer investors access to a wide spectrum of asset classes including private equity, private debt, infrastructure, real estate and sustainable themed opportunities. In an effort to democratise the access to private market investments, Titanbay's platform facilitates seamless investing for wealth managers and their clients who are interested in having an exposure to Mercer’s solutions. Titanbay’s platform offers access to what they believe to be curated best-in-class funds in addition to bespoke structuring, streamlined marketing and operations, professional analytics and has the potential for improved liquidity via a secondary market.
The Titanbay proposition supports wealth managers by simplifying investing in private markets for a wider client-set through institutional level of access, reduced investment minimums and a sophisticated yet intuitive technology solution that is modular and provides full flexibility and control. It will initially be offered to wealth managers in Switzerland, the UK and other European markets.
Amit Popat, Partner at Mercer and Europe and AMEA Head of Wealth Management and Endowments & Foundations, said: “We’re delighted to be working with Titanbay to bring this innovative solution to wealth managers by combining Titanbay’s fintech flexibility and our leading private markets expertise. Investors will gain access to highly rated and potentially hard to access managers through our network of established relationships. This will provide attractive investment opportunities in markets and segments that are not easy to access and traditionally the preserve of institutional investors.”
Thomas Eskebaek, CEO of Titanbay, added: “We are delighted to work with Mercer to offer what we believe to be a comprehensive diversified private market solution for wealth managers and their clients. The exceptional investment opportunities, level of access and cost efficiencies we are able to provide is unparalleled in the market today and a testament to our shared commitment to widening access to the asset class.”
Mercer believes in building brighter futures by redefining the world of work, reshaping retirement and investment outcomes, and unlocking real health and well-being. Mercer’s approximately 25,000 employees are based in 43 countries and the firm operates in 130 countries. Mercer is a business of Marsh McLennan (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy and people, with 76,000 colleagues and annual revenue of $17 billion. Through its market-leading businesses including Marsh, Guy Carpenter and Oliver Wyman, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment. For more information, visit www.mercer.com. Follow Mercer on Twitter @Mercer.
About Mercer Alternatives
Mercer Alternatives is a global alternative investment expert, providing advisory services as well as customised and pooled investment solutions to some of the world's largest institutional investors. Mercer Alternatives' flexibility to best serve its clients according to their individual needs is based on a modular service concept that reflects our tradition as a trusted client advisor. With a history spanning more than 25 years, Mercer Alternatives today manages programmes in excess of USD 20 billion (AuM) and oversees programmes with assets in excess of a further USD 180 billion (AuA). More than 170 specialists work in 20 offices across Europe, North America and Asia Pacific, supported by the global resources of Mercer Investments.
Titanbay provides a comprehensive solution for professional investing in the private markets. We work with sophisticated investors, wealth advisors and asset managers, providing curated, leading fund offerings, to help clients build strategic, thoughtful, and diversified portfolios. In addition, our technology solution includes advanced portfolio analysis and modeling tools, allowing clients to manage their investments across strategies, vintages, and sectors. Titanbay was founded in 2019, and is supported by its extensive investor and advisory board with deep experience across the private markets ecosystem. For more information, visit www.titanbay.com