How goes GPs’ push for more retail capital? Private equity’s quest to access retail dollars gets a little easier this morning after blue-chip investors vindicate alternative investment platform CAIS with a $1 billion valuation. The business connects and educates independent wealth managers seeking access to private equity and credit, real estate, hedge funds, structured notes, and the like. Apollo Global Management (NYSE: APO), Motive Partners, and Franklin Templeton (NYSE:BEN) are leading the $225 million funding round, announced today.
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