Clearstream, a provider of post-trade services under Deutsche Börse Group, has announced a strategic partnership with a prominent global investment firm to enhance the distribution of open-ended private market solutions aimed at wealth management clients. This collaboration is designed to utilize Clearstream Fund Services’ robust distribution network, which will help simplify access to private market funds for a broader range of investors, thereby enriching their experience and optimizing overall efficiency.
The partnership aims to leverage Clearstream’s extensive network of over 300 distribution partners, which includes many significant wealth management firms with a strong presence in regions such as Switzerland, Germany, and Asia Pacific. By easing the challenges associated with private market fund distribution, this alliance supports wealth managers in their efforts to offer private market investment opportunities to their clientele.
Clearstream provides an extensive array of services tailored specifically for private markets throughout the investment lifecycle. Their offerings include order routing, settlement, and asset servicing—coupled with strong capabilities in custody and execution. Clearstream Fund Services manages approximately €4 trillion in traditional funds and €300 billion in private and alternative funds, and boasts an integrated distribution platform that complies with regulatory requirements related to Know Your Customer (KYC) and distribution oversight. These thorough end-to-end solutions, combined with Clearstream’s Vestima platform for efficient order routing and placement, significantly diminish the traditional barriers to distributing private market funds.
With this collaboration, the investment firm joins a growing community of leading general partners and asset managers who work with Clearstream, reflecting the provider’s ambition to become the go-to partner for investments in private markets.
The Head of Distribution for Clearstream Fund Services expressed pride in collaborating to enhance access to private market offerings. This partnership highlights the commitment to providing innovative solutions that address the complexities of investing in private markets. The extensive distribution network and the advanced digital platform enable a smoother experience, which can provide substantial benefits to the investment firm in reaching a wider audience.
Meanwhile, the Heads of Global Wealth Distribution from the investment firm expressed enthusiasm about the partnership, noting it will significantly enhance their portfolio of open-ended strategies and expand their presence in the international wealth distribution channel.
In summary, this collaboration marks a significant development in the efforts to streamline access to private market investments, promising a simplified, effective solution for wealth managers and their clients in navigating this often complex investment landscape.