HOUSTON and NEW YORK, Sept. 23, 2020 /PRNewswire/ — CAZ Investments (“CAZ”), a Houston-based multi-family office and investment advisor, and Bonaccord Capital Partners (“Bonaccord”), the minority investment business of the leading global asset manager (“ASI”), today announced a long-term strategic partnership.
The partnership is expected to result in meaningful commitments (over $250m in aggregate) to ASI private markets strategies over multiple investment cycles. As strategic partner to Bonaccord, CAZ will receive strategic economics benefits, and access to co-investments and ancillary product opportunities for itself and its client network.
Bonaccord focuses on acquiring minority equity interests in mid-sized private markets GP’s. GP minority investment strategies have experienced substantial growth over the past five years, due in large part to the attractive financial characteristics of private markets GPs’ business model and favorable macro dynamics surrounding private markets strategies. The Bonaccord Strategy seeks to capitalize on opportunities in the mid-size space