Key Private Bank, a leading wealth management platform, collaborated with Proteus, a private investment platform, to use it as its preferred alternative asset platform for accredited investors. The company will utilize the infrastructure provided by Proteus and its digital platform to offer alternative investments to accredited investors and qualified purchaser clients in a seamless manner.
Following this collaboration, Proteus and Key Private Bank will provide a variety of its wealth management clients with a selection of different methods. On August 1, 2022, the first strategy will go into effect and emphasize private lending. These solutions make use of the combined industry knowledge and perceptions of the two companies as well as Callan, Proteus’ research partner.
After it is built, wealth management customers who are accredited investors will profit from Proteus’ technology platform to invest in difficult-to-access and distinctive strategies, monitor performance, and manage their alternative portfolios. To give their clients a smooth experience, the Key Private Bank’s existing reporting systems and the Proteus platform will be seamlessly connected.
George Mateyo, Chief Investment Officer, Key Private Bank, commented, “We are excited to be working with the team at Proteus to deliver new strategies that offer portfolio diversification and enhanced return opportunities for our clients, while maintaining our unwavering commitment to upholding our fiduciary standard. We are committed to being a wealth management leader which includes our commitment to offering our clients access to industry-leading alternative strategies in the most efficient manner possible.”
The Proteus technology platform was created with the aim of providing investment vehicles and product offerings that are specifically catered to the needs of the client. It is capable of mobilizing and launching a solution for a customer using an alternative platform that is fully customized in days, and with no need for custom development at all.
Eric Knauss, CEO, Proteus, stated, “We are thrilled to announce this relationship that highlights our unique position and capabilities in the alternative asset space. There are several providers in the market that offer partial alternative solutions, but none that offer the same breadth of services and efficiency of Proteus. The Key Private Bank research team is deeply skilled and knowledgeable of alternative investment strategies and was focused on understanding the details of the solutions available on the market today.”