Proteus partners with 1834 to promote alternative investments
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©Reuters. INDIANAPOLIS – Alternative investment platform Proteus announced a strategic partnership with 1834, the specialty division of Old National Bank (NASDAQ: ONB), to enhance its alternative investment services for high-net-worth clients and institutions. The partnership launches a customized platform designed to integrate seamlessly with 1834’s existing infrastructure to provide more comprehensive investment opportunities.
1834 provides boutique financial services to meet the needs of wealthy individuals and institutions. The unit’s partnership with Proteus is designed to provide clients with more investment options, including private equity, private credit, real estate, hedge funds and real estate.
Proteus founder and CEO Jason Brown expressed enthusiasm for the partnership, emphasizing its alignment with the unique goals of high-net-worth clients.
Jim Steiner, Investment Director at 1834, highlighted the Proteus’ versatility and innovative loader construction as key factors in their selection. The feeder structure is expected to facilitate the expansion of 1834’s alternative investment platform, while its ability to execute alternative model portfolios is considered unique in the market.
The information in this article is based on press release statements.
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