Global investment consulting firm Mercer has announced it will partner with private investment platform Titanbay to provide a private markets solution for wealth managers and private banks.

Amit Popat, partner at Mercer and Europe and AMEA head of wealth management and endowments and foundations, said he was “delighted” by the partnership.

“We’re delighted to be working with Titanbay to bring this innovative solution to wealth managers by combining Titanbay’s fintech flexibility and our leading private markets expertise. Investors will gain access to highly rated and potentially hard to access managers through our network of established relationships.  This will provide attractive investment opportunities in markets and segments that are not easy to access and traditionally the preserve of institutional investors,” he said.

Thomas Eskebaek, CEO of Titanbay also expressed his delight. He said: “We are delighted to work with Mercer to offer what we believe to be a comprehensive diversified private market solution for wealth managers and their clients. The exceptional investment opportunities, level of access and cost efficiencies we are able to provide is unparalleled in the market today and a testament to our shared commitment to widening access to the asset class.”

The Titanbay platform will enable Mercer’s wealth managers to construct portfolios for their clients, combining Titanbay’s funding with Mercer’s market solutions.

These solutions are designed to offer investors access to a range of assets, including private equity, private debt, infrastructure, real estate and sustainable themed opportunities. Titanbay’s platform also allows for seamless investing for wealth managers and their clients who are interested in having an exposure to Mercer’s solutions. It offers access to what they believe to be curated best-in-class funds in addition to a range of other benefits, such as bespoke structuring and analytics.

The Titanbay proposition is meant to simplify investing in private markets for a wider range of clients. It will initially be offered to wealth managers in Switzerland, the UK and other European markets.