Wealth management firm Fidelis Capital has entered into a strategic partnership with Opto Investments to expand investor access to private markets.
Under the agreement, Fidelis will use Opto’s end-to-end platform to deliver actively managed private markets vintage funds to the multi-generational families, entrepreneurs and institutions.
The platform will enhance due diligence, accelerate deal sourcing and improve transparency across the asset class, the manager said.
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“Opto provides the flexibility to structure bespoke private funds that align with client objectives, while maintaining the high-touch service standard our families have come to expect,” said Matt Michaels, founding partner and co-chief investment officer at Fidelis Capital.
Fidelis was founded in 2022 by former private banking professionals from Wells Fargo and Bank of America and currently manages $2.2bn (£1.6bn) in assets.
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Opto Investments’ platform streamlines the private markets lifecycle, enabling wealth managers to build, fundraise for and manage private market programmes at scale.
“As private markets continue to permeate the wealth management industry, manager selection becomes even more important,” said Jake Miller, co-founder and chief solutions officer at Opto Investments. “Fidelis exemplifies a firm that shares our vision. It is not just about giving clients access to private markets, but about delivering disciplined and diversified exposure.”
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