S64 launches sustainable infrastructure opportunity for the Australian wealth management industry though DWS partnership. 

German asset manager DWS and London-based S64, a global alternatives fintech partner to the wealth management industry, have just expanded their partnership with the launch of a sustainable infrastructure focused on Wholesale Australian Unit Trust.

Starting in 2021, DWS, which has €963 billion ($1 billion) of assets under management (AuM), partnered with S64 to widen access to DWS’ infrastructure investment business for the private wealth channel, using S64’s product manufacturing capabilities.

In 2023, the collaboration created a sustainable infrastructure offering for wealth managers in EMEA and the Asia Pacific region. Through the new Wholesale Australian Unit Trust, access is now extended to wealth managers in Australia, the firm said in a statement.

S64’s Australian Unit Trust Platform enables financial intermediaries to distribute private markets opportunities to investors through product manufacturing solutions and end-to-end digital lifecycle management.

“We are pleased to extend our longstanding partnership with DWS by supporting their delivery of private assets into the Australian private wealth channel through an Australian Unit Trust,” Tarun Nagpal, CEO of S64, said. “Together we have introduced a solution that meets the growing demands for world-class infrastructure opportunities and sustainable investments from Australia’s wealth managers and financial intermediaries,” he continued. 

“This partnership has created an exciting opportunity for Australia’s wealth managers and financial intermediaries to access DWS’ world-class sustainable infrastructure opportunities through an Australia Unit Trust,” Matt Stovold, head of Australia & New Zealand at S64, added.

“We are delighted to partner with S64 to unlock access to our infrastructure investments business for the Australian private wealth channel,” Lidia Tomova, CEO of Australia and head of client coverage, Australia and New Zealand at DWS, said. 

S64 is a global alternatives and technology solutions business bridging the opportunity in private markets. It works with asset managers and private banks in EMEA and APAC across private equity, credit, real estate, infrastructure and impact to develop innovative solutions for private banks and wealth managers.