PM Alpha has launched and is developing an online toolkit set to revolutionise the Wealth Management industry at a time where evidence is mounting that many of the world’s most sophisticated institutional investors are looking to private markets to deal with uncertainty hitting public markets and amidst inflation concerns.
PM Alpha is developing its toolkit to disrupt and democratise access to private markets for clients of wealth managers and other non-institutional investors, including asset classes such as alternative credit, venture & growth capital, private equity, and real assets, as well as access to co-investments.
Historically, access to private markets has been limited by high entry costs, or say, solutions put forward by GPs better suited to larger institutional investors, but which are less suitable to wealth management clients, especially in the tier 2 or 3 part of the sector.
PM Alpha’s founding team brings together considerable expertise from private banking and asset management distribution in designing and delivering dedicated private markets solutions to the wealth management sector.
Tom Douie, whose experience has ranged from Morgan Stanley and Neuberger Berman to more recently serving as global head of distribution at Muzinich & Co. is joined by former Citi Private Bank EMEA Head of Private Equity Investments Alexis Weber; former Citi Private Bank EMEA Alternative Investments Sales Lead Melyan Guerrero and former Citi Private Bank EMEA Operational Due Diligence Lead Chloe Mercer. Together, they have served some of the world’s leading institutional investors, asset & wealth managers and family offices for over 20 years.
Now, they have combined skillsets across investments, IT, sales, corporate management, and relations with LPs and GPs, to develop a new route to private markets that can function as a one-stop-shop for wealth managers who need a curated and more bespoke turnkey solution.
Working with partners in areas such as onboarding new clients digitally means PM Alpha can bring private markets access even to lower tier wealth managers and their clients globally, and so following a first round of seed funding, including external investors and money put in by the co-founders, they are now ready to launch the company and the platform.