Global investment firm Carlyle has partnered with Clearstream to broaden the distribution of its open-ended private markets solutions to wealth management clients.

The collaboration will give Carlyle access to accredited investors through Clearstream’s network of more than 300 distribution partners.

Through the partnership, it is aiming to simplify access to private market funds and support wealth managers looking to distribute private market investments to their clients.

Clearstream, Deutsche Börse Group’s post-trade services provider, offers a range of services designed for private markets, including order routing, settlement, and asset servicing.

Clearstream Fund Services provides services for almost €4trn in traditional funds and €300bn in private and alternative funds under custody, including a distribution platform.

The partnership will seek to leverage Clearstream’s distribution platform, with the aim of easing the complexity of private market fund distribution, improving investor experience, optimising efficiency, and reducing costs.

Commenting on the announcement, Clearstream Fund Services head of distribution, Moritz Dechow: “We are proud to partner with Carlyle to facilitate broader access to the company’s private market offerings.

“This collaboration underscores Clearstream’s commitment to providing innovative solutions that streamline the complexities of private market investing.

“We believe that Carlyle will benefit significantly from our broad distribution network, enhanced by our advanced digital platform and our long-standing expertise in alternative investments.”

Carlyle head of global wealth distribution for Europe, Sophie Dodson, and managing director, Stuart Medlen, added: “We are delighted to partner with Clearstream on our growing list of open-ended strategies.

“We look forward to their solutions continuing to expand our reach in the international wealth channel.”

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