Democratisation

Crestline Investors launches new private BDC

The fund is the manager’s first BDC, and comes nearly two months after acquisition by Rithm was announced

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.

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.

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.

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.

How tech could drive the next wave of democratisation

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

Premium ‘still there’ as spreads decline

The private debt market does not want spreads of less than 500bps to become standard, delegates at the PDI DACH Forum in Munich heard.

Jirí Król: Private credit and the future of America’s 401(k)s

Policymakers increasingly recognise that private assets can serve as a valuable complement to public equities and bonds in retirement portfolios.

Retail market: Waiting for the music to stop

As semi-liquid evergreen fund funds attract individual investors, risk waits just around the corner.

Callodine, Bain, Lincoln Financial latest entrants in interval fund rush

Both products are continuously offered, closed-end interval funds that seek to provide individuals with an array of strategies.