Titanbay, a provider of private market solutions for wealth managers and private banks, has launched its 2024 Vintage Fund-of-Funds, designed to provide diversified private markets exposure, access to top-performing managers, and streamlined administration, addressing the unique challenges faced by wealth managers and private banks in private markets investing.
The Titanbay 2024 Vintage Fund-of-Funds is designed in collaboration with global advisory firm Mercer to provide investors with a curated portfolio of private markets funds, underpinned by both Titanbay and Mercer’s robust manager selection processes and broad market coverage.
The funds included in the Titanbay 2024 Vintage Fund-of-funds offer complementary investment strategies, providing diversification across risk profiles, vintages, geographies, and sectors, with aggregate exposure to approximately 200 underlying portfolio companies. This translates into a portfolio with reduced volatility and downside protection, Titanbay said.
Investors can gain access to some of the best-performing private markets managers selected by Titanbay’s Investment team. These managers have proven strategies, strong track records, and robust value creation capabilities, ensuring that the underlying funds are well-positioned to deliver attractive returns even during periods of macroeconomic uncertainty.
The fund also provides earlier liquidity through complementary fund distribution profiles, such as private credit and secondaries, offering more regular cash flows. Additionally, structured capital call schedules with semi-annual calls simplify cash management for investors.
Ossama Soliman (pictured), CEO of Titanbay said: “At Titanbay, we understand the complexities and challenges wealth managers and private banks face in private markets investing. Our new fund-of-funds programme is designed to simplify this process, providing diversified exposure, access to top-tier managers, and streamlined administration.
“We are excited to offer this innovative solution to help our partners enhance their clients’ portfolios and achieve superior investment outcomes.”
Combined with the power of Titanbay’s white label platform, this fund aims to further simplify the management of private market investments by providing streamlined administration and reporting from a single source. This allows wealth managers and private banks to focus on building their clients’ portfolios rather than dealing with the complexities of building and maintaining a private markets portfolio.
“Our extensive due diligence and manager selection process ensure that the funds included in our programme are well-positioned to deliver attractive returns even during periods of economic uncertainty,” commented Alex Bozoglou, Head of Investments at Titanbay. “By leveraging our deep industry relationships and expertise, we are proud to offer a fund-of-funds programme that meets the unique needs of wealth managers and private banks.”
Titanbay is a platform empowering wealth managers, private banks, and multi-family offices to develop private markets programmes, with over $1bn in assets under management, 30 established partnerships, coverage across 29 countries, and expansion into new markets.
