Conway Investment Solutions (a collaborative investment solutions partner for financial advisors) recently announced a strategic partnership with Opto Investments (a technology-enabled solution expanding private market access for independent investment advisors).
This partnership enables Conway and Opto to provide registered investment advisors (RIAs) with an end-to-end solution for creating actively managed private markets vintage funds, offering access to bespoke investment strategies supported and delivered by modern technology.
The challenges of limited access and expensive fee structures, along with large investment minimums, combined with the operational complexities of managing private markets portfolios, have historically made it challenging for RIAs to invest client capital in private credit, private equity, real estate, venture capital, and other private asset classes.
By offering the institutional-quality investment research and due diligence capabilities of Conway and Opto, advisors can create private market solutions from a broad but highly curated universe of opportunities tailored to clients’ individual needs and objectives.
Utilizing Opto’s technology platform and custom funds offering, these new vintage fund strategies provide advisors and investors access to private funds at lower minimums through a simplified digital subscription process, eliminating many of the challenges typically associated with private markets investing.
Conway and Opto have already launched a private markets vintage fund strategy for Andersen Tax. This vintage fund, made available to Andersen’s ultra-high-net-worth, high-net-worth and family office clients, is built to evolve to include a curated selection of investment opportunities across the universe of private asset classes.
Conway and Opto can relieve RIAs of the administrative challenges of private markets investment lifecycle management. And Opto’s end-to-end technology platform streamlines tasks like managing capital calls, tax documentation and reporting. These efficiencies will enable firms to significantly elevate their investment offerings by simplifying workflows and operations, saving time, and creating better client experiences.
KEY QUOTES:
“With decades of experience and deep connections across alternative asset classes, the partnership between Conway and Opto is aiming to not only drive a broader adoption of private markets but introduce a superior client experience.”
- Tom Margulis, co-founder and managing principal at Conway
“This powerful alliance between Andersen, Conway and Opto will equip our advisors with value-add investment strategies to complement existing equity and fixed-income portfolios. We’ve consistently struggled to find partners where we had true alignment, and we’re confident we’ve found that with Conway and Opto. As the investment landscape continues to evolve, having Conway and Opto in our corner will further strengthen our ability to differentiate as a practice.”
- Brian Ullsperger, managing director at Andersen, whose team manages more than $2 billion in client assets
“Opto believes that fiduciary advisors deserve a simpler, more scalable solution for investing in private markets. This partnership with Conway, which will expand our collective reach, exemplifies our willingness and drive to do things differently. By combining our respective strengths, we are committed to further empowering RIAs with advanced solutions that simplify private markets investment processes and maximize the potential for alpha generation.”
• ⁃ Ryan VanGorder, chief executive officer at Opto
