Titanbay, the private markets investment has surpassed $1bn in assets under management (AUM) with "6x year-on-year growth" in new AUM.
In addition, Titanbay is appointing Michael Gruener, former head of Retail for Europe, Middle East & Africa at BlackRock, as Co-CEO.
Michael Gruener will join current CEO Ossama Soliman in leading Titanbay, with Ossama, a veteran technology exec at Amazon and
two Fintech unicorns, focusing on the technology and operating the business while Michael takes the reins on the commercial front.
Gruenerl brings over 20 years of experience in financial services, having held key leadership positions at BlackRock and Goldman
Sachs. His deep expertise in investment and wealth management will be instrumental in driving the next phase of Titanbay’s growth.
Ossama Soliman, CEO of Titanbay, said: “Reaching $1 billion in AUM a year after launching our B2B platform and growing 6x year
over year is a testament to how quickly we are transforming private markets, our team’s relentless dedication and customer obsession,
and the privilege of working with some of the world’s most pioneering and forward thinking clients. In order to accelerate our growth we
scoured Europe for the best commercial leader with unparalleled expertise in wealth and asset management.
"I am absolutely thrilled to say that we have found that leader in Michael Gruener and I’m extremely delighted to welcome him as Co-CEO. Adding his wealth and asset management expertise to our existing world class tech, regulatory and operational expertise will amplify our success and solidify Titanbay as the premier platform for private market investments.”
Gruener said: “I am delighted to join Titanbay at such an exciting time, especially as the company surpasses $1bn in AUM. With its strong momentum and innovative platform, Titanbay is truly reshaping how wealth managers and private banks access private markets. I look forward to working alongside Ossama and the team to further elevate Titanbay’s offering and expand its reach.”
