ClearList and Delio partner to provide investment infrastructure for private market secondaries

• ClearList, the US-based firm transforming private transactions and enhancing liquidity, has partnered with Delio to provide distributors with an end-to-end toolkit that enables them to offer their clients access to private market transactions.
• The ClearList infrastructure is now live for distributors to white label — combining ClearList’s end-to-end issuance environment and product suite for proprietary secondary transactions with Delio’s enterprise-grade technology and supporting investment solutions.
• Combining both firms’ expertise has enabled the secure distribution of exclusive opportunities, whilst also unlocking broader access to liquidity for advisors and investors, through market connectivity and capital availability; helping ClearList provide RIAs, wealth managers and private banks globally with the additional resources they need as part of an integrated, own-branded client proposition.

New York, September 13 2024 – ClearList, the US-based firm transforming private transactions and enhancing liquidity, has partnered with Delio to provide distributors with the tools for offering their clients access to private market transactions. The ClearList connected infrastructure provides a full-service solution for advisors to enable their end-clients to securely access and transact in private markets with ease, all within a leading digital client experience combined with broader tools and supporting services that can be customised to their needs.

This partnership has led to the launch of ClearList’s ‘master platform’, powered by the Hub and Spoke connectivity model that Delio successfully launched in their Delio Vaults proposition earlier this year. With 82% of secondary managers expecting deal volumes to increase by over 10% over the next twelve months (as reported in Investec’s Annual Secondaries Report 2024) off the back of investor demand, advisors are looking to offer this differentiated access to their end clients. Combining both firms’ expertise enables digital technology, investment vehicles and origination capabilities to work seamlessly within one centralised digital operating system.

The initial phase of the project utilises the platform’s end-to-end capabilities across compliant client onboarding, fully digitised subscription processes, custom transaction workflows and automated portfolio reporting. Both firms are now working together to build interconnected channels and onboard sub-white-label platforms through this model to streamline secondary product distribution into ClearList’s trusted partners, all while enhancing the efficiency of their operational processes for sharing products within their network.

This provides a secure and streamlined experience for partners alongside broader support to them in areas such as digital client experience implementation, investment structuring and liquidity solutions.

Gareth Lewis and Gareth Morgan, Co-Chief Executives at Delio, said:

“Our continued focus on moulding our technology and proposition around the needs of our clients means we can continue to uncover those exciting use cases with firms that are truly looking to help unlock differentiated private market propositions. We’re delighted to power the ClearList infrastructure and look forward to continuing to work with partners looking to provide their clients with access to some of the world’s most innovative private companies.”

Patrick Murphy, Chief Executive Officer at ClearList, said:

“We are excited about our partnership with Delio as we strive to provide our clients with the best private markets experience possible. As the investing world moves towards a more digital environment, ClearList aims to use Delio’s hub and spoke connectivity as a key component to place us at the forefront of that movement. This will help meet the digital operational requests of advisors and provide an end-to-end investment workflow online through our Delio Core-powered platform.”

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About Delio:

Delio is the partner of choice for financial firms looking to enhance their client experience in private markets. With clients leveraging their capabilities across 18 countries, their highly configurable white-label technology and investment structures are delivered on a turnkey or bespoke basis and utilised to help financial organisations of all sizes do more for their clients in a way that works for them. Delio’s solutions support the scaling of propositions, automation of time-consuming processes and the connecting of ecosystems in a scalable and efficient manner.

press@deliogroup.com
+44 29 2105 1370

About ClearList:

ClearList is transforming private transactions and enhancing liquidity, combining ingenuity with capital markets expertise. ClearList is connecting the private markets through the symbiotic relationship of ClearList Securities LLC, our introducing broker-dealer focused on private placements and direct transaction execution, ClearList LLC, our Alternative Trading System (ATS) which provides a platform for secondary trading of private securities, and ClearList Capital LLC, our manager of private pooled investment vehicles with underlying investments in alternative assets. The ClearList group of integrated companies includes: ClearList LLC (the “ClearList ATS”), Member: FINRA & SIPC, ClearList Securities LLC, Member: FINRA & SIPC and ClearList Capital LLC. To view BrokerCheck please copy and paste the following link into your browser: https://brokercheck.finra.org/.

media@clearlist.com
212-207-1350

Private Placement Disclosure:
ClearList warns that investments in private, unregistered securities involves a high level of risk and may not be suitable for all investors. An investment in private company securities is highly speculative and should only be considered a long-term investment. Before deciding to invest, you should carefully consider your investment objectives, level of experience and risk appetite. You must be prepared to withstand a total loss of your investment. Private company securities are also highly illiquid and there is no guarantee that a market will develop for such securities, including on the ClearList LLC Alternative Trading System. There is also no guarantee that any private placement will be publicly listed through a direct listing or Initial Public Offering. You should be aware that each investment also carries its own specific risks and that you should complete your own independent due diligence regarding the investment including obtaining additional information, opinions, financial projections, and legal or other investment advice. Investors must carefully review any offering documents such as the Private Placement Memorandum or similar document to understand the specific risks associated with the investment.

Risk Related to Private Securities:
Investing in private, unregistered securities is not suitable for all investors. Investing in private company securities generally involves greater risks than investing in publicly traded securities. Investing in private company securities involves risk of loss that investors should be prepared to bear. Private company securities may be more difficult to buy and sell. Trading opportunities may be more limited for private company securities that are not widely held. There may be greater liquidity risk and the possibility that a security cannot be sold at an ideal time. If this happens, an investor account may be required to continue to hold the security and losses could be incurred. Private Securities that have been issued pursuant to exemptions from registration with the SEC, may be subject to certain holding periods prior to being resold, which may further impact your ability to buy or sell such securities. Private Securities, as well as any particular investment, may not be suitable for everyone. With respect to any investment or security traded on the ClearList LLC Alternative Trading System (the “ClearList ATS”) we urge you to carefully evaluate its appropriateness for your situation. You are strongly encouraged to complete your own independent due diligence before investing in private, unregistered securities, including obtaining additional information, opinions, financial projections, and legal or other investment advice. Private, unregistered securities are also highly illiquid and there is no guarantee that a robust market will develop for such securities, including on the ClearList ATS.

No investment process is free of risk; no strategy or risk management technique can guarantee returns or eliminate risk in any market environment. There is no guarantee that your investment processes will be profitable. Past performance is not a guide to future performance. Any trading success enjoyed by others does not guarantee similar results for you. The value of investments, as well as any investment income, is not guaranteed and can fluctuate based on market conditions. Diversification does not assure a profit or protect against loss.

Affiliations – GTS Securities and/or GTS Execution Services may place orders on both sides of a market for private company securities traded on the ClearList ATS. Both GTS Execution Services LLC and GTS Securities LLC are affiliates of ClearList LLC and ClearList Securities LLC through common ownership and all of these entities are registered broker-dealers. Affiliates, officers, directors, and/or employees of ClearList LLC and/or ClearList Securities LLC may hold a position in the financial instruments of an issuer of private company securities wherein certain underwriting, private placement, or advisory services were performed and private securities of that issuer may be traded on the ClearList ATS.

Commissions/Transaction costs – Before you begin to trade, you should obtain details of all commissions and other charges for which you must be liable. The fees and costs you will incur for brokerage services are transaction-based and will be assessed on a transaction-by-transaction basis, when you buy or sell unregistered securities. Typically, the ClearList ATS commission is 1%. We also may charge administrative and transfer fees. You will pay fees and costs whether you make or lose money on your investments. Fees and costs will reduce any amount of money you make on your investments over time. Please make sure you understand what fees and costs you are paying.

When products are purchased or sold, several types of incidental costs (including potential transaction fees and commissions) are incurred in addition to the current price of the security. These incidental costs may significantly reduce or even exclude the profit potential of the products. In addition to such costs directly related to the purchase of products (direct costs), you must also take into account any follow-up costs (such as custody fees). You should inform yourself about any additional costs incurred in connection with the purchase, custody or sale of a private security before investing.