Clearstream partners with Ares to broaden wealth manager access to private markets
Clearstream, Deutsche Börse Group’s post-trade business, is partnering with Ares Management Corporation, a global alternative investment manager, through which Ares’ private market strategies will be added to Clearstream’s fund platform.
The collaboration is intended to significantly broaden investor access to Ares’ leading offering.
This partnership is a key step in Clearstream’s mission to facilitate access to private markets. By integrating Ares’ strategies, Clearstream will simplify the investment process and create major operational efficiencies, enabling fund distributors to access private market investments with the same ease as traditional mutual funds.
For Ares, the partnership unlocks a broad and diverse distribution network, enabling connectivity to a wide range of wealth management firms, including private banks and family offices, through a proven and streamlined platform. This move is consistent with Ares’ belief that private market assets can be an integral part of diversified portfolio strategies for a broader investor base.
Moritz Dechow, Head of Distribution for Clearstream Fund Services, commented:
“We are thrilled to partner with a world-class manager like Ares Management. This collaboration is a testament to our commitment to championing wealth distribution and expanding our leading network in the private markets sphere. By simplifying access and enhancing operational efficiency, we are empowering wealth managers to offer their clients seamless entry into compelling alternative investment opportunities, a crucial component for diversified modern portfolios.”
Mark Serocold, Partner and Co-Head of Wealth Management Solutions International at Ares, added:
“We are pleased to continue expanding access to our leading private markets strategies by collaborating with high-quality, sophisticated distribution partners. Clearstream’s extensive network and focus on operational excellence provides what we believe is a compelling channel to the European wealth management sector, which is key to our growth strategy. We look forward to working together to support a broad base of investors as they seek to achieve their long-term financial objectives.”
