Private Wealth

ILPA: Retail vehicles could fundamentally affect GP-LP alignment, industry’s long-term health

Growth in the retail space could come to the detriment of traditional LPs and their investment interests, says the Institutional Limited Partners Association.

Democratisation & Transparency: How alternative assets are readying for individual investors

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.

Davis Polk: Retail push can complement traditional funds

There is now proof of concept that institutional and retail products can successfully be managed side by side, say Davis Polk’s Andrew Ahern, Oran Ebel, Christopher Healey and Leor Landa.

Market sentiment towards retail opportunities heats up

Private markets’ enthusiasm for the retail space is no fleeting trend, according to data from recent industry studies.

How tech could drive the next wave of democratisation

Further technology advances are required to truly unlock the potential of the private wealth market.

Do private markets require a rebrand?

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

Industry Ventures acquisition ‘very on strategy’ for Goldman

The investment bank is ramping up its push into private wealth, focusing on distributions and unique product offerings.

Baird’s Duksin: 40 Act funds make up 15-20% of secondaries market demand

While ’40 Act funds haven’t yet moved market pricing in GP-led deals, these evergreen funds are ‘certainly are participating and creating syndicate demand’, Baird’s GP solutions group co-head Jeremy Duksin tells Secondaries Investor.

Inside secondaries’ expansion into private wealth

In this episode of our Second Thoughts podcast, senior leaders from Lexington Partners, Proskauer and StepStone Group discuss the burgeoning space and the impacts of capital-raising efforts there on the secondaries market.