Democratisation

In spite of their rapidly growing popularity, some family offices remain wary of semi-liquid funds.

A new template for financial advisers and their wealth clients combines public and private markets exposure into one scalable portfolio.

Innovation within the private wealth space will bring wider benefits to the private equity industry at large, say Ardian’s Jan Philipp Schmitz and Erwan Paugam.

Specialisation trends are beginning to emerge in the evergreens space, allowing for more structured investments, according to Pantheon’s Michael Hutten and Victor Mayer.

Innovation in technology and product development is helping to widen access and bring efficiency to private markets investing, says iCapital chairman and CEO Lawrence Calcano.

As financial advisers better understand the fundamental benefits of investing in the private markets, they are focusing on portfolio construction and implementation, says Bob Long, CEO of StepStone Private Wealth.

Many of the most exciting investment themes today are taking place in private markets – and investors are eager to participate, says Kyle Kniffen, global head of alternatives, third-party wealth, at Goldman Sachs.

A Deloitte report forecasts that retail investors’ allocations to private capital could expand to $2.4trn by 2030 in the US.

"We harbour that view as a firm that a lot of the alternatives growth over the next five to 10 years will come globally," chief executive John Sweeney tells PEI.