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Blackstone's Jon Gray on stage at NEXUS 2024
Private markets products geared towards the wealthy require the same standard of care as institutional investor offerings, according to the firm’s president and COO.
Speaking at PEI Group's NEXUS 2024 summit, the Carlyle co-founder said his firm could have done a better job developing its non-institutional offering in the past.
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.
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