StanChart unveils private investment platform for UHNW clients

Standard Chartered’s global private banking unit has launched the Private Markets Co-Investment Club (CIC), an investment platform tailored for ultra-high-net-worth clients seeking institutional-grade private market portfolios. The initiative responds to rising demand for private market access beyond traditional investments, offering benefits such as due diligence, streamlined execution, and transaction support. The global bank has partnered with private investment firm Ardian for the launch. The move aligns with Standard Chartered’s broader strategy to expand its wealth management offerings amid growing interest in alternative assets. The club is expected to enhance investment efficiency for ultra-wealthy clients by providing structured access to private markets, reinforcing the bank’s focus on high-net-worth clientele as competition intensifies in the global wealth management sector.