Aberdeen Investments and private markets infrastructure provider Titanbay have launched a partnership to enhance access to private markets for wealth managers and distributors in the UK.
The collaboration aims to address the increasing interest in evergreen private market funds, which current systems struggle to accommodate. The initiative plans to streamline compliance processes through automation, including anti-money laundering (AML) and know-your-customer (KYC) checks, reducing manual efforts and operational risks.
The joint effort also focuses on utilising advanced technology to meet growing investor demands efficiently. This partnership sets the groundwork for distributors to adapt to the evolving landscape of private markets, allowing them to expand client offerings and improve investment outcomes.
Aberdeen Investments CEO Xavier Meyer said: “The attractiveness of private markets as a hedge against inflation is a key theme against a volatile geopolitical backdrop. Yet every private market sub-segment has its own dynamics, which is why diversified strategies such as our Global Private Markets Fund are so relevant, with the added benefit of quarterly redemptions.
“As interest in our Global Private Markets Fund grows rapidly, addressing operational constraints has become increasingly important. Titanbay’s infrastructure and proactive approach to resolving these challenges will significantly enhance distributors’ ability to effectively serve their clients.”
Titanbay, established in 2019, has been focused on making private market investments accessible beyond institutional boundaries. The company is engaged in forging partnerships with major private market funds and leveraging technology for efficient investment operations.
The firm has drawn expertise from global companies such as BlackRock, EQT, Goldman Sachs, and others. Through this expertise, Titanbay aims to transform the private market investment sector by integrating innovative digital solutions.
Titanbay UK sales head James Singleton said: “UK distributors are beginning to hit significant operational roadblocks just as investor interest in evergreen funds takes off. This partnership with Aberdeen positions us ahead of these challenges, enabling distributors to scale efficiently and provide clients with timely investment solutions.”
