Now that Artivest — an alternatives investment platform — has completed its merger with alternative asset manager Altegris, it has expanded its services to include product structuring and distribution for asset and wealth managers.
Basically, the firm will aid managers and advisors who want to develop proprietary alternative products, for example, a cannabis fund, and then it will provide distribution and offer third party wholesaler services on its platform.
“Our mission is to optimize investor, advisor and enterprise access to premier alternative funds. These new offerings play a critical role in this undertaking,” said James Waldinger, founder and CEO of Artivest, in a statement.
The two areas, product structuring and fund distribution, provide diversification for Artivest.