Interval Funds
Offer periodic liquidity and invest in private credit, private equity, or real estate.
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Investment Advisory · Private Markets
AltsPRISM™ — curated private markets access for healthcare practitioners.
AltsPRISM™ is our curated private markets platform designed exclusively for physicians, dentists, nurse practitioners, and other high-income healthcare practitioners who desire access to alternative investments traditionally restricted to institutional and ultra-high-net-worth investors.
We partner with a select group of reputable asset managers and product sponsors — such as KKR, Hamilton Lane, Stepstone, Apollo, and Blackstone — to provide our clients with streamlined access to private markets through professionally managed '40-Act Closed-End Funds'.
KKR Hamilton Lane Stepstone Apollo Blackstone
The Structure
What are '40-Act Closed-End Funds'?
'40-Act Closed-End Funds' are registered investment vehicles governed by the Investment Company Act of 1940. They provide accredited and mass-affluent healthcare practitioners with access to private market strategies while offering:
By accessing '40-Act Closed-End Funds', clients gain exposure to diversified portfolios of private equity, private credit, real assets, venture capital, and other alternative strategies — without the high minimums, long lockups, or operational complexities typically associated with direct private market investing.
Regulatory Oversight
SEC registration ensures transparency and reporting standards.
Lower Minimums
Often $25,000, compared to multi-million-dollar commitments in traditional private funds.
Periodic Liquidity
Quarterly or semi-annual redemption windows.
Simplified Tax Reporting
Typically issue 1099s instead of K-1s.
Fund Types We Offer
Three regulated structures, one streamlined entry point.
Tender Offer Funds
Provide limited redemption opportunities, often used for private equity or secondary investments.
Evergreen Private Market Funds
Unlike traditional closed-end funds, Evergreen Funds have no fixed end date — allowing for continuous capital raising and periodic withdrawals by investors. They combine aspects of traditional open-end and closed-end funds, providing a flexible structure for private market investors.
What the Platform Offers
Institutional-grade access, made accessible.
Institutional-Quality Access
Exposure to leading private market managers and strategies.
Enhanced Liquidity
Periodic redemption opportunities not typically available in traditional private funds.
Diversification
Broad access across asset classes, sectors, and geographies.
Simplified Experience
A single point of entry into complex private markets through a regulated, transparent structure.
AltsPRISM™ is intended for healthcare practitioners seeking to expand beyond traditional public markets and capture the long-term benefits of private market investing in a more accessible and flexible format.
The Problem We Solve
Healthcare professionals often face two challenges in wealth management.
1
Overexposure to public markets
Traditional 60/40 portfolios are increasingly vulnerable to volatility, inflation, and correlation between stocks and bonds.
2
Limited access to private alternatives
Institutional-quality private market opportunities are typically unavailable to individual investors, requiring high minimums, long-standing relationships, or specialized infrastructure.
Our Value Proposition
Invest like the institutions — without the institutional barriers.
Diversification beyond public markets
Reduce reliance on market cycles by adding uncorrelated private assets.
Enhanced return potential
Capture the illiquidity premium and growth opportunities in private markets that institutions have long benefited from.
Professional-grade access
Enable healthcare practitioners to invest like large endowments, pension funds, and family offices.
Ready to access private markets?
Schedule a free consultation with a Cognis fiduciary advisor.
Schedule Consultation