Western Europe

With the retailisation of alternatives set to transform the industry, building brand awareness with individual investors has become a priority for managers.

Opening up alternative assets to non-institutional investors, from HNWIs to 401(k) account holders, represents up to $80trn. It's an alluring pot of capital for an industry with flatlining annual fundraising figures in some asset classes. And yet, multiple headwinds exist, making the journey towards increasing democratisation far from straightforward.

As PE’s leading operational professionals prepare to gather in New York, AI’s potential role in everything from due diligence to forecasting looks set to dominate conversations.

The industry needs to work alongside regulators to come up with parameters for the more efficient set-up of semi-liquid funds, according to ALFI conference panellists.

Industry participants say GP stakes may not be well understood by the market and analysts.

Featherlight Capital counts ex-Wafra, La Caisse and Power Sustainable investors among its investment team.

In response to the rise of US trade tariffs, LPs are turning towards private credit and infrastructure – and eyeing opportunities in Europe.

LPs want exposure to the mid-market, where there is differentiated alpha with many levers and ways to win, Adel Alderbas tells Private Equity International.