Carlyle collaborates with Clearstream to expand access to private market funds
Clearstream, Deutsche Börse Group’s post-trade services provider, today announced a collaboration with global investment firm Carlyle to broaden the distribution of Carlyle’s open-ended private markets solutions to wealth management clients.
This partnership will leverage Clearstream Fund Services’ robust distribution platform, simplifying access to private market funds for a wider investor base. It aims to improve investor experience while optimizing efficiency and reducing costs.
The partnership provides Carlyle with access to accredited investors though Clearstream’s expansive network of over 300 distribution partners, including many large global wealth managers, with a strong presence in Switzerland, Germany, and Asia Pacific. The partnership will focus on easing the complexities of private market fund distribution and support wealth managers seeking to distribute private markets investments to their clients.
Clearstream offers a comprehensive suite of services across the investment value chain specifically designed for private markets, encompassing order routing, settlement, and asset servicing. With robust capabilities in custody and execution, Clearstream Fund Services provides services for close to €4 trillion in traditional funds and €300 billion in private and alternative funds under custody, including a fully integrated distribution platform offering a regulatory compliant framework for KYC and distribution oversight. These comprehensive end-to-end solutions, combined with Clearstream’s Vestima platform for order routing and placement, greatly reduce the traditional barriers to private markets fund distribution.
Carlyle joins a large and expanding network of leading General Partners (GPs) and asset managers who partner with Clearstream. This ongoing commitment reflects Clearstream’s ambition to be the partner of choice for private markets investments.
Moritz Dechow, Head of Distribution for Clearstream Fund Services, stated:
“We are proud to partner with Carlyle to facilitate broader access to the company’s private market offerings. This collaboration underscores Clearstream’s commitment to providing innovative solutions that streamline the complexities of private market investing. We believe that Carlyle will benefit significantly from our broad distribution network, enhanced by our advanced digital platform and our long-standing expertise in alternative investments.
Sophie Dodson, Head of Global Wealth Distribution for Europe at Carlyle, and Stuart Medlen, a Managing Director at Carlyle, said:
“We are delighted to partner with Clearstream on our growing list of open-ended strategies. We look forward to their solutions continuing to expand our reach in the international wealth channel.”