Cion Investments and GCM Grosvenor have teamed as much as make it simpler for particular person traders to entry personal market belongings by way of their monetary advisors.
The choice asset managers have shaped a three way partnership which is able to leverage Cion’s market insights, distribution prowess and product administration capabilities alongside GCM’s infrastructure and personal markets experience.
Collectively they intention to develop scalable funding options for particular person traders who’re fascinated with investing in personal markets. Initially the partnership will concentrate on infrastructure, earlier than extending throughout all personal markets.
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“We’re thrilled to companion with GCM Grosvenor as we proceed to construct out a complete personal market options platform that may assist monetary advisors help particular person traders in constructing diversified portfolios and assembly their long-term objectives,” stated Michael A. Reisner and Mark Gatto, co-chief executives of Cion.
“Non-public markets options can present diversification, assist optimize portfolio danger and return, and should show resilient throughout financial downturns. We consider GCM Grosvenor has the dimensions, operational expertise, relationships and portfolio administration experience wanted in a companion on this area.”
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Michael Sacks, chairman and chief government of GCM Grosvenor stated that the partnership “represents a strategic enhancement of our dedication to increasing traders’ entry to top quality personal market investments.”
“By integrating our infrastructure experience with Cion’s management in democratising options entry, we’re well-positioned to ship compelling worth and options to traders,” Sacks added.
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