Alternative Investments Landscape - Goldman Sachs manages over $540 billion in alternative assets [1] - Over 85% of large companies are private, highlighting the need to invest in private markets to access a significant portion of the economy [3] - Younger investors (the new alts generation) show greater familiarity with and appetite for alternative investments, with 96% being familiar with alts [4] Investor Behavior and Education - Participation in alternative investments increases with net worth [6] - 39% of investors in the $1 million to $5 million segment have allocated to alternatives [7] - Only 38% of advisors at the event had invested in alternatives before [9] - 80% of investors surveyed had an advisor, but only 40% of those advisors had discussed alternatives with them [10] - 56% of investors label alternative investments as high risk, second only to cryptocurrency [11] - Investors who have participated in alternative investments generally perceive them as less risky, with only 39% labeling them as high risk [12] Risks and Liquidity - Illiquidity and opacity are key risks associated with private markets [15] - Goldman Sachs avoids using terms like "semi-liquid" or "evergreen" to prevent associating these investments with liquidity [17]
Focused on how wealth clients can access alternative investments, says Goldman's Kristin Olsen