Private Wealth

The $1.8trn asset manager wants to push its evergreen private markets franchise beyond the wealth channel and deeper into EMEA.

Senior wealth and asset management executives weigh in on the importance of liquidity management, investor alignment and scale in evergreen funds distribution at an industry conference in Paris.

StepStone's venture and growth-focused SPRING vehicle remains a standout performer, having attracted nearly $1.7bn in subscriptions during the quarter, according to chief executive Scott Hart.

Simona Maellare discusses expansion plans, adding more retail-eligible offerings and why fragmented European rules remain the biggest barrier to access.

Evergreen funds account for about 5% of private markets NAV today, a figure that is expected to grow in the long term.

The Hong Kong multifamily office has found a sweet spot in Europe's mid-market, head of investments Vincent Au tells Private Equity International.

Individual investors are increasingly being provided with institutional-quality access to private markets, say Brett Schlemovitz, partner and president of StepStone Private Wealth, and Miguel Sosa, managing director at StepStone.