The move comes amid a push from asset managers to expand retail access to private markets, as demand from individual investors grows and Wall Street powers seek to broaden their client base to Main Street.
“All of private managers’ intellectual property and funds predominantly go through large institutional checks, or if you’re a high-enough net-worth individual, through a wealth manager,” Titan co-founder and co-CEO Joe Percoco told Yahoo Finance in an interview. “This is just, push button, and you’re in, and we allocate you directly to it.”