Nuveen has teamed with Artivest, a technology-driven alternatives investment platform, to bring alternative investments capabilities to RIAs, family offices, private banks and other financial advisers serving qualified high-net-worth investors.
Advisers will now be able to use investment tools, education materials and a client service team to access Nuveen and parent company TIAA’s alternative investment solutions, which currently comprise assets exceeding USD140 billion in aggregate, including real estate, agriculture, infrastructure, timber, agribusiness, private equity, as well as alternative credit-based, long/short, and special sector investment strategies.
Nuveen says alternative investments are playing an increasingly important role in building successful and diversified portfolios for high-net-worth investors. Through this new initiative with Artivest, advisers can leverage technology to allocate alternative investments across client portfolios, access institutional-quality strategies, and help meet the investment objectives and goals of their qualified clients.
“The launch of this new initiative clearly illustrates our commitment to serving advisors in this space and our desire to help their clients access the broad and deep alternative investment solutions at TIAA Global Asset Management and build out this important component of their portfolios,” says Mike Perry, managing director, head of alternative investments for Nuveen.
“We are thrilled that Nuveen has chosen Artivest to power its alternatives platform,” says James Waldinger, founder and CEO of Artivest. “Expanding access to high quality, true alternatives is at the core of our mission, and we look forward to working with a leading financial services provider like Nuveen to help meet advisers’ growing demand for these products.”