Eldridge to invest $50m in CAIS.

Eldridge, a holding company, agreed to invest $50m in CAIS, an alternative investment platform. The transaction is subject to FINRA approval. “This is a great time for CAIS to take in growth capital and we are honored to have Eldridge as our new shareholder and partner. CAIS has opened access to alternative investments for independent financial advisors everywhere. With the continued growth of the independent wealth management community, coupled with their increased adoption of alternative investments, this is the ideal time for CAIS to deepen our commitment to providing the best tools and solutions,” Matt Brown, CAIS Founder & CEO.