CAIS Adds First Models to its Models Marketplace

Alternative investment platform CAIS unveiled the first investment models to be added to its recently launched CAIS Models Marketplace. The new line-up includes multi-asset model portfolios, three each from BlackRock, Carlyle and KKR, and one multi-asset, multi-manager model from Franklin Templeton.

The announcement comes amid a boom in model portfolio adoption across the RIA universe. As financial advisors increasingly look for model portfolios with private market exposure, both asset managers and various investment platforms are rushing to meet the demand. For example, last week, wealth management platform Envestnet revealed it was adding models with private market exposure options from Fidelity, BlackRock, Franklin Templeton and State Street Global Advisors. Last year, alternative investment platform iCapital launched its first model portfolio, with access to private equity, private credit and real assets.

BlackRock’s models will combine exposure to public and private markets with allocations to public equities, public debt, private equity and private credit through select BlackRock investment vehicles. The assets in the model will run across the risk spectrum.

Carlyle’s models will target private equity and private credit, focusing on enhanced returns, supplemental income and capital preservation.

Related:Young Investor Demand for Alternative Assets Is Reshaping Wall Street’s Playbook

KKR’s models will allocate to private equity, private credit, private real estate and private infrastructure. They will also focus on generating income, enhanced returns and capital preservation.

Franklin Templeton’s model will invest in private markets, including private credit, private real estate, infrastructure, secondaries, co-investments and asset-backed finance. These investment options will be accessed through Alternatives by Franklin Templeton and select third-party partners.

“Alternative investment models give advisors a powerful tool to deliver more personalized portfolios, while helping to streamline operational complexity and scale allocations,” said Neil Blundell, chief investment officer at CAIS Advisors and head of investments at CAIS, in a statement. “By packaging multiple alternative investment strategies into a single, professionally designed solution, advisors can focus more on their clients and less on manager selection.”