AAM and Wilshire Team Up for Enhanced Private Asset Access
Investors searching for ways to expand their portfolios have a promising opportunity with the recent collaboration between Advisors Asset Management (AAM) and Wilshire. This partnership marks a significant advancement in providing streamlined access to various private markets, including private equity, private credit, and real assets through the Wilshire Private Assets Fund.
What the Partnership Means for Investors
Through this strategic partnership, AAM will act as the exclusive external sales distributor for the Wilshire Private Assets Fund in the United States. This venture aims to make high-quality private market investments more accessible to a wider audience of financial professionals.
Cliff Corso, the CEO and CIO of AAM, expressed excitement about the partnership, stating that Wilshire's extensive expertise across diverse private market solutions aligns perfectly with their mission. This collaboration is expected to bring the fund's benefits to a broader range of investors, ultimately enhancing investment outcomes.
Exploring the Wilshire Private Assets Fund
The Wilshire Private Assets Fund is designed as an all-encompassing allocation to private markets. It brings forth carefully curated ideas from Wilshire that reflect the strategies and expertise previously reserved for institutional clients. As an interval fund, it offers investor-friendly features such as daily NAV, easy subscriptions via ticket, low minimum investments, and accessible 1099 tax reporting.
“Historically, diversified private market portfolios were only available to large institutions,” said Jason Schwarz, CEO at Wilshire. This new approach allows a wider range of investors to benefit from diverse strategies that Wilshire has developed over three decades in the private markets. This dynamic partnership with AAM facilitates the distribution of these innovative investment solutions to financial advisors and their clients.
The Comprehensive Investment Strategy of the Fund
The focus of the Wilshire Private Assets Fund is to cultivate a well-diversified portfolio across key private market sectors. By investing in private equity, private credit, and real assets, the fund aims to identify high-conviction opportunities through deep relationships and thorough due diligence. Wilshire emphasizes providing access to top-tier managers and funds that have traditionally been available only to large institutional investors.
The investment strategy of the fund is both opportunistic and flexible. This includes aiming for long-term capital appreciation while seeking immediate income through yield-generating private credit and income-producing real assets. By strategically blending primary fund commitments, secondary market opportunities, and selected co-investments, the fund plans to optimize liquidity and manage risk effectively. By doing so, it leverages trends and market dislocations that often show low correlation with public markets.
About Advisors Asset Management
With over 45 years of experience, AAM has established itself as a valuable resource for financial professionals. The firm provides access to a variety of investment offerings, including alternatives, ETFs, fixed income markets, managed accounts, mutual funds, structured products, and unit investment trusts. AAM is a division of SLC Management, which operates under Sun Life's institutional alternatives and traditional asset management umbrella.
About Wilshire
Wilshire is a leading global financial services firm that partners with a diverse array of 300 institutional investors and financial intermediaries. The firm focuses on improving investment outcomes and advises on over $1.5 trillion in assets while managing $123 billion in assets. Wilshire serves clients worldwide and is dedicated to providing innovative solutions across the financial landscape.
Frequently Asked Questions
What is the Wilshire Private Assets Fund?
The Wilshire Private Assets Fund is an investment vehicle that provides access to private markets, including private equity, private credit, and real assets.
What role does AAM play in this partnership?
AAM is the exclusive external sales distributor for the Wilshire Private Assets Fund in the U.S., helping to expand its reach to financial professionals and investors.
How does the investment strategy of the fund work?
The fund employs a flexible investment approach, targeting both long-term gains and immediate income through diversified allocations in private investments.
Why is this partnership significant?
This collaboration allows a broader range of investors to access sophisticated private market investment strategies that were previously limited to institutional investors.
Where can I find more information about AAM and Wilshire?
More information can be obtained by visiting their respective websites or by contacting them directly for resources and details on their investment offerings.
