Tax Structure - Private equity and hedge funds are structured as pass-through entities [1] - This structure allows them to pass their entire tax obligation to investors or limited partners [1]

Private Equity Trends - Private equity is exploring innovative methods to extract cash from illiquid assets [1] - The newsletter "Going Private" focuses on private markets [1]

From its roots as a solutions provider within the alternative asset management space, GCM Grosvenor (NASDAQ: GCMG ) has leveraged its relationships and know-how into managing money themselves. Firstly, in the hedge fund space, via its Analyst's Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensatio ...

Alternative Investment Trends - Family offices are the fastest-growing market for alternative and private assets [2] - The number of family offices with exposure to alternative investments has increased by over 500% since 2016 [2] - There are now over 4,000 family offices with alternative investments, up from 651 in 2016 [3][4] Investment Preferences - Family offices are favoring private credit this year [4] - 39% of family offices plan to add or make new investments in private credit and private debt this year [4] - 29% of family offices plan to add or make investments in private equity [4] - Private credit is still a small share of the total family office portfolios at about 5% [5] - AI is the number one investment theme right now for family offices [8] Concerns and Challenges - Family offices are warning of higher fees and lower returns in private credit [5] - 72% of family offices say high fees are the biggest challenge to investing in private markets [6]

Fund Performance - Neuberger Berman's flagship fund is approaching a $5 billion goal for secondary private equity stakes [1] Investment Strategy - Investors are attracted to the secondary private equity strategy [1]

Core Insights - The article does not provide specific company or industry insights, focusing instead on disclosures and disclaimers related to investment positions and advice [1][2] Group 1 - There are no stock, option, or similar derivative positions held by the analyst in any mentioned companies [1] - The article expresses personal opinions and is not compensated beyond Seeking Alpha [1] - The views may not reflect those of Seeking Alpha as a whole, and the analysts may not be licensed or certified [2]

Group 1 - The article discusses the investment approach of Michael Del Monte, emphasizing a holistic view of the investment ecosystem rather than evaluating companies in isolation [1] - Michael Del Monte has over 5 years of experience as a buy-side equity analyst and previously worked in professional services for over a decade across various industries [1] Group 2 - The article does not provide specific investment recommendations or advice regarding any particular company or stock [2][3]

Private Equity Trends - Private equity is experiencing a "CV craze" (likely referring to convertible note or similar structures) [1] Newsletter Focus - The newsletter "Going Private" focuses on private markets [1]

Private equity is moving closer to gaining entry into 401(k) accounts, but there’s no clear picture of how retail investments in the asset class will fare https://t.co/yw2iUanDxh ...

Market Trends - Shares of private equity-backed companies that have done recent IPOs are struggling [1] - Investors are seeking riskier assets like cryptocurrencies and AI [1]