Alternative investment platform CAIS has secured a USD100 million investment from Reverence Capital Partners.

The raise is a continuation of the company’s USD225 million round in January, led by Apollo, Motive Partners, and Franklin Templeton which resulted in CAIS’ enterprise valuation exceeding USD1 billion. 

Milton Berlinski, Managing Partner at Reverence Capital Partners, also joins CAIS’ Board of Directors, effective immediately.

The new investment accelerates CAIS’s mission to modernise how independent financial advisors learn about and gain access to alternative investments.