Asset management firm DWS Group has joined forces with iCapital to offer global alternative asset strategies to the US private wealth industry.
Through the partnership, DWS’ global alternative investment funds will be made available through iCapital’s marketplace. iCapital is a global platform that drives access to alternative investments for the wealth management sector.
DWS provides individuals and institutions with access to its investment capabilities across all major liquid and illiquid asset classes and solutions aligned to growth trends.
The firm has around €860bn of assets under management.
As part of the collaboration, US-based wealth managers and high-net-worth investors will have the opportunity to explore the return and diversification possibilities provided by DWS’ alternative solutions.
Besides, wealth managers will be able to access DWS’ alternative investment products through iCapital’s end-to-end technology platform that streamlines and automates the investment process, encompassing subscriptions, capital calls, and reporting.
Recently, DWS confirmed its strategic goal to tap into the demand from high-net-worth individuals and family offices for access to alternatives strategies, including real estate, infrastructure, and private credit.
DWS alternatives global head Paul Kelly said: “We see significant opportunity in the growing demand for alternative assets such as real estate, infrastructure and private credit from the private wealth channel globally, including bespoke opportunities that seek to match higher returns with an appropriate risk/return profile.
“We’re pleased to partner with iCapital to increase the availability of our Alternatives fund range in this important growth sector for DWS.”
In September 2022, iCapital expanded its partnership with Ares Wealth Management Solutions (AWMS) to give financial advisors broader access to the latter’s alternative investment solutions via multiple distribution channels.
