Ambition to tap into the growing private wealth market has grown into a business that manages $240bn of individual investor money. Institutional managers have contributed over a trillion dollars into private markets, but as they reach their asset allocation goals, the environment is becoming more difficult for GP's to raise money. There is more easy-to-access fund vehicles to get into various niches within the private asset’s spectrum, early entrants in the real assets sphere with energy transition & sustainability focused funds are taking advantage of the desirable niche that private wealth investors seek as part of their portfolios.
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Private Wealth: 'Are private markets a route to higher returns?'
'Are private markets a route to higher returns?
The latest bout of turmoil in global markets has sent fund managers scurrying to reassess their risks, not least in US banking shares.
But one strategy seems likely to survive the stock take, just as it has the ups and downs of the past three years: the drive to private markets'