Side Letter: The rise of iCapital, SEC’s warning shot, Hillhouse on aligning PE with society

One of the themes du jour in the world of PE fundraising is how to open the institution-dominated asset class to individual investors, whether it is mass affluent savers or HNWIs. We caught up with the CEO of iCapital – a prominent platform connecting GPs and rich individuals – to discuss what seems to be a transformative year for the company. Here's today's brief, for our valued subscribers only.