Retail Investors

Besides private credit, LUCA 1.0 is also in talks to introduce private equity secondaries, fund of venture capital funds and a private markets sports fund, chief executive Keiko Sydenham tells PEI.

The democratisation of private equity is about broadening access to the asset class, both in terms of who can invest and the ways in which they do so, says Peter von Lehe, head of investment solutions and strategy at Neuberger Berman Private Markets.

Education and careful manager selection will be crucial for private wealth investors considering alternative investments in 2024, say Goldman Sachs Asset Management’s Adam Lane, Barry Fricke and Hilary Lopez.

As private wealth investors increasingly turn their attention towards private markets, technology and regulation must develop at the same pace, says Tim Boole, head of product management, private equity at Schroders Capital.

Effective communication is key to growing the private wealth opportunity, says Erwan Paugam, head of private wealth solutions and managing director at Ardian.

Product innovation and a regulatory overhaul meant 2023 was a big year for the democratisation of private markets, says Tanja von Ehrlich, head of wholesale, real estate and private markets, at UBS Asset Management.

Partnering with investment advisers is key to helping clients effectively access the private markets, says Lawrence Calcano, chairman and CEO of iCapital.

New products, structures and strategies are making private markets more accessible to private wealth investors than ever before, say Pantheon’s Michael Hutten and Victor Mayer.

Panellists say the wealth channel isn’t the place for GPs to go hunting for extra capital.

GPs' increased access to retail capital need not come at the expense of institutional investors