INDIANAPOLIS, Jan. 9, 2024
/PRNewswire/ -- Proteus, a leading alternative investment platform
for investment managers, proudly announces its recent selection by
1834, a division of Old National Bank This collaboration marks a
significant milestone as Proteus tailors a custom made alternative
investing platform to cater to the evolving needs of 1834's
expanding client base.
1834, the specialized division of ONB known for its highly
consultative, boutique-style approach, focuses on meeting the
diverse financial needs of high-net-worth individuals and
institutions. By choosing Proteus as their strategic partner, 1834
aims to enhance its suite of alternative investment offerings,
providing clients with access to a curated selection of investment
opportunities including private equity, private credit, private
real estate, hedge funds and real assets.
"We are thrilled to be chosen by 1834 as their alternative
investment platform partner," said Jason
Brown, Founder and CEO at Proteus. "This collaboration
exemplifies our commitment to empowering investment managers and
institutions with innovative solutions that align with the unique
objectives of high-net-worth clients."
This partnership underscores Proteus' dedication to delivering
cutting-edge technology and comprehensive support to its clients.
The customized solution developed for 1834 integrates with their
existing infrastructure, providing a user-friendly interface for
advisors and clients alike.
"Proteus stood out to us as a leader in the space because of
their flexibility. Proteus' innovative, evergreen feeder structure
will allow us to scale our alternative platform quickly and
efficiently while their ability to implement alternative model
portfolios is unique in this market," remarked Jim Steiner, Chief Investment Officer at
1834.
Learn more about 1834 at 1834.com.
ABOUT OLD NATIONAL
Old National Bancorp (NASDAQ: ONB) is the holding company of Old
National Bank, which is the sixth largest commercial bank
headquartered in the Midwest. With approximately $49 billion of assets and $28 billion of assets under management, Old
National ranks among the top 30 banking companies headquartered in
the U.S. Tracing our roots to 1834, Old National Bank has focused
on community banking by building long-term, highly valued
partnerships with clients and in the communities it serves. In
addition to providing extensive services in retail and commercial
banking, Old National offers comprehensive wealth management,
investment, and capital market services. For more information and
financial data, please visit Investor Relations at
oldnational.com.
Investment instruments utilized by 1834 (i) are not insured
by the FDIC nor any other government agency, (ii) are not deposits
or other obligations of 1834, Old National Wealth Management, Old
National Bank, its parent company or affiliates, and (iii) involve
investment risk including the possible loss of principal
invested.
ABOUT PROTEUS
Proteus provides an alternative investment platform. The
platform provides access to institutional-quality investment
opportunities, including private funds, alternative investment
model portfolios, and sub-asset class pools which invest across the
alternative investment strategy spectrum. Investment managers use
the platform to research alternative investment managers and
investments, review due diligence materials, and construct custom
portfolios, thereby eliminating significant hurdles and
inefficiencies that have plagued alternative investors for decades.
Proteus, LLC is registered as an investment adviser with the SEC.
Registration with the SEC does not imply a certain level of skill
or training.
*Proteus and Old National are unaffiliated companies. No
compensation was shared for endorsements herein.
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SOURCE Proteus, LLC