
Titanbay Launches 1st PE Fund-of-Funds
Titanbay has partnered with investment consultant Mercer to launch its first private markets fund-of-funds for wealth managers and private banks.
The Titanbay 2024 Vintage fund-of-funds will provide private markets exposure, with aggregate investment to approximately 200 underlying portfolio companies. With a minimum investment of €100,000, the vehicle will offer access to “top performing” managers, the firm said, as well as “streamlined” administration.
The fund also provides earlier liquidity through complementary fund distribution profiles, such as private credit and secondaries, offering more regular cash flows. Additionally, structured capital call schedules with semi-annual calls simplify cash management for investors.
“At Titanbay, we understand the complexities and challenges wealth managers and private banks face in private markets investing,” said Ossama Soliman, CEO of Titanbay. “Our new fund-of-funds program is designed to simplify this process, providing diversified exposure, access to top-tier managers, and streamlined administration.”
Titanbay is a platform for wealth managers, private banks, and multi-family offices with over $1 billion in assets under management, 30 partnerships, coverage across 29 countries, and expansion into new markets.