New solution to facilitate wealth managers investing into Mercer Private Markets Solutions
New proposition with Titanbay aims to enable wealth managers to invest in private markets with institutional level of access.
Zurich, 5th August, 2021 – 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.”
Notes to Editors
For more information, please contact:
Nick Corrin, Noemie De Andia firstname.lastname@example.org
+44 (0)20 7457 2020
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.
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
The views, opinions and estimates expressed herein constitute personal judgments of certain members of the Titanbay Ltd. (Titanbay) team based on current market conditions and are subject to change without notice. This information in no way constitutes Titanbay research and should not be treated as such. Titanbay does not make investment recommendations, and no communication, including this document, should be construed as a recommendation for any security offered on or off the Titanbay investment platform. The views contained herein are not to be taken as advice or a recommendation to buy or sell any investment in any jurisdiction. Any forecasts, figures, opinions or investment techniques and strategies set out are for information purposes only, based on certain assumptions and current market conditions and are subject to change without prior notice. All information presented herein is considered to be accurate at the time of production.
This material does not contain sufficient information to support an investment decision and it should not be relied upon by you in evaluating the merits of investing in any securities or products. In addition, investors should make an independent assessment of the legal, regulatory, tax, credit and accounting implications and determine, together with their own professional advisers, if any investment mentioned herein is believed to be suitable to their personal goals. Investors should ensure that they obtain all available relevant information before making any investment. It should be noted that investment in private placements involves risks, the value of investments and the income from them may fluctuate in accordance with market conditions and taxation agreements and investors may not get back the full amount invested. Past performance is not indicative of future results. Non-affiliated entities mentioned are for informational purposes only and should not be construed as an endorsement or sponsorship of Titanbay.
Investments in private placements, and private equity investments via feeder funds in particular (such as through the Feeder), are speculative in nature and involve a high degree of risk. The value of an investment may go down as well as up, and investors may not get back their money originally invested. Investors who cannot afford to lose their entire investment should not invest. Past performance is not indicative of future performance. Please refer to the respective fund documentation for details about potential risks, charges and expenses. Prospective investors should carefully analyse the risk warnings and disclosures for the respective fund or investment vehicle set out therein. For private equity investments via feeder funds, investors will typically receive illiquid and/or restricted membership interests that may be subject to holding period requirements and/or liquidity concerns. Investments in private equity are highly illiquid and those investors who cannot hold an investment for the long term (at least 10 years) should not invest. The external Alternative Investment Fund Manager is Avega Capital Management S.A., a public limited company (société anonyme) formed under the laws of Luxembourg, with registered office at 2, rue Edward Steichen, L-2540 Luxembourg, Grand Duchy of Luxembourg, and registered with the RCS under number B 246.691.
The representative in Switzerland is ARM Swiss Representatives SA, Route de Cité-Ouest 2, 1196 Gland, Switzerland. The paying agent in Switzerland is Banque Cantonale de Genève, 17 quai de l’Ile, Geneva, Switzerland. The Prospectus, the Articles of Association and annual financial statements can be obtained free of charge from the representative in Switzerland. The place of performance and jurisdiction is the registered office of the representative in Switzerland with regards to the Shares distributed in and from Switzerland. Titanbay is an Appointed Representative of Brooklands Fund Management Limited which is authorised and regulated by the Financial Conduct Authority with firm reference number 757575.