Proteus partners with 1834 to boost alternative investments

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Proteus partners with 1834 to boost alternative investments
Credit: © Reuters.

INDIANAPOLIS - Proteus, an alternative investment platform, has announced a strategic partnership with 1834, a specialized division of Old National Bank (NASDAQ: ONB), to enhance the alternative investment offerings for high-net-worth clients and institutions. This collaboration introduces a custom-made platform designed to integrate seamlessly with 1834's existing infrastructure, providing a more comprehensive suite of investment opportunities.

1834 offers boutique-style financial services, catering to the needs of affluent individuals and entities. The division's collaboration with Proteus is aimed at offering clients a broader selection of investment options, including private equity, private credit, real estate, hedge funds, and real assets.

Jason Brown, Founder and CEO of Proteus, expressed enthusiasm for the partnership, emphasizing the alignment with high-net-worth clients' unique objectives.

Jim Steiner, Chief Investment Officer at 1834, highlighted Proteus' flexibility and innovative feeder structure as key factors in their selection. The feeder structure is expected to facilitate the scaling of 1834's alternative investment platform, while the capability to implement alternative model portfolios is considered unique in the market.

The information in this article is based on a press release statement.

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