Mario Giannini, the outgoing chief executive of Hamilton Lane, talks about the biggest trends gripping private markets.
The primary motivation for LPs to consider selling PE fund stakes is the need for liquidity and strategic repositioning, according to a report from Montana Capital Partners.
Bite Stream's new software feature enables GPs to bypass intermediary platforms used by some wealth managers to access alternative investment opportunities.
Some of Flexstone’s clients are expected to raise their Asia-Pacific allocations from 10% to 15-20%, Eric Deram, managing partner at Flexstone Partners, told PEI.
Many LPs struggle to commit to continuation funds due to governance processes.
The $21bn California pension is preparing a more hands-on investment approach in private markets, including more co-investments, GP stakes and joint ventures.
Founding investors in Collective Global include the Orange County Employees Retirement System and the City of San Jose Retirement System.
Staying aligned with clients and seeking GPs who focus on real value creation keep private wealth investors hungry for PE.
Technology-related sales platforms will play a role in the wealth unit's scale-up, according to wealth management chief Raj Dhanda.
The largest US pension system also reported more than $1.2bn in annual management fees and carried interest.