David Solomon on alternative assets: 'We're in the early innings of private capital formation'

Private Capital Formation - Private capital formation has been in development for over 30 years, and the industry believes it is still in the early stages, which is constructive for markets [1] - The growth of private capital formation is partly a response to the regulatory structure, especially in private lending and credit, which may be rebalanced in the future [2] - The US boasts a robust capital market and capital formation system, a key strength of the US economy, unlike the European ecosystem [2] - The US private capital formation ecosystem benefits from risk-taking and broad participation of retail investors, driving the strength of the US economy [3]