Great Gray Trust Company, a provider of collective investment trusts (CITs) and retirement solutions, has announced that it has selected iCapital, a global fintech company, as its preferred partner for private markets manager evaluation, due diligence and portfolio construction. Through this collaborative relationship, Great Gray and iCapital aim to develop purpose-built private markets solutions for defined contribution plans, helping plan sponsors and advisers expand diversification opportunities and support long-term participant outcomes within professionally managed retirement solutions.
Great Gray and iCapital will work together to develop a suite of asset-class-specific CITs across private equity, private credit and private real assets, giving retirement plan sponsors greater flexibility to incorporate private markets into professionally managed portfolios. The private markets capabilities embedded within these CITs will support manager selection, portfolio construction
