DWS announces iCapital partnership to deliver global alternative asset strategies to the US private wealth sector
DWS, the global asset manager with EUR 859 billion of assets under management (AUM), today announced a partnership with iCapital, the global platform driving access to alternative investments for the wealth management industry, to make DWS’s global Alternative Investment funds available via iCapital’s Marketplace.
The partnership will enable US-based wealth managers and high-net-worth investors to access the return and diversification opportunities offered by DWS’s Alternative solutions. DWS has a 50-year heritage in Alternative Investments, with over EUR 114 billion in AUM[1] across a diverse range of strategies including private real estate, private infrastructure, liquid real assets and private credit.
DWS recently confirmed its strategic ambition to leverage the demand from high-net-worth individuals and family offices for access to Alternatives strategies, including real estate, infrastructure and private credit.
The partnership enables US-based wealth managers to access DWS’s global Alternative Investment products through iCapital’s end-to-end technology platform that streamlines and automates the investment process, from subscriptions and capital calls to reporting.
Paul Kelly, Global Head of Alternatives at DWS, commented: “We see significant opportunity in the growing demand for alternative assets such as real estate, infrastructure and private credit from the private wealth channel globally, including bespoke opportunities that seek to match higher returns with an appropriate risk/return profile. We’re pleased to partner with iCapital to increase the availability of our Alternatives fund range in this important growth sector for DWS.”