The 'retail revolution' in alternatives: Here's what you need to know

Market Trends & Fundraising - High-net-worth individuals are increasingly driving inflows into private markets, representing a major shift [1][2] - State Street anticipates this cohort will drive over half of private market fundraising in the coming years [3] - Semi-liquid funds, particularly in private credit or secondary markets, are spearheading this shift toward retail interest [8][10] Investment Opportunities & Strategies - Large global managers are bringing institutional-quality products to the retail market [4] - Aries is boosting its AUM targets based on retail momentum [4] - A sports and media fund is considering quarterly redemptions [7] Potential Risks & Considerations - A Harvard paper suggests a potential performance disadvantage among funds sold to retail investors [3] - Limited liquidity in semi-liquid funds may mask volatility [10] - Retail investors may not get their money back as quickly as they want [9]