NEW YORK, March 19, 2024 /PRNewswire/ — LV Distribution, specializing in third-party asset management distribution, proudly announces a groundbreaking partnership with NewVest, the first-of-its-kind platform of index funds for the private markets. NewVest’s unique model passively allocates capital to private funds and is designed to provide investors with broadly diversified and cost-effective “direct” exposure to individual private markets asset classes and emulate the pooled (weighted average) returns of each asset class for a given vintage period. This collaboration marks a transformative moment for LV Distribution as it ventures into the realm of private markets, bringing institutional-quality investment strategies to Registered Investment Advisors (RIAs) and Family Offices.
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