Core Insights - Robert Kiyosaki supports President Trump's executive order aimed at democratizing access to alternative investments for 401k investors [1][2] - Kiyosaki criticizes mutual funds and ETFs, advocating for alternative investments like real estate, private equity, crypto, and precious metals under 401k [2][3] - The executive order is expected to enhance financial literacy and encourage investors to be more informed about their investment choices [3] Group 1 - Kiyosaki believes the executive order will open opportunities for "smarter" investors to diversify their portfolios with alternative investments [2][3] - He emphasizes the importance of understanding these investments, suggesting that those unwilling to learn should stick to traditional options [3] - Kiyosaki expresses satisfaction that the order treats investors maturely and positively impacts the value of his investments in gold, silver, and Bitcoin [4]

PGIM announced a tie-up with Partners Group to offer alternative investments to individual and institutional clients, the latest in a series of alliances between private equity firms and large asset managers https://t.co/yhKNZaKmFD ...

Group 1: Target-Date Funds and ETFs - Target-date collective investment trusts have gained market share, accounting for 52% of assets by the end of 2024 [1] - ETF issuers are attracting investments through sophisticated funds, with a focus on high-revenue products like those from JPMorgan and Toroso Investments [2] - The YieldMax COIN Option Income Strategy ETF, despite a 41.9% annual gain, resulted in a total loss of $35.5 million for investors from its inception to April 2025 [3] Group 2: Financial Advisor Education and Retirement Accounts - Morgan Stanley Investment Management is launching educational platforms to enhance financial advisors' knowledge in tax management and alternative investments [5] - An executive order aims to explore greater access to alternative assets in 401(k) plans, directing the SEC to consult with the Department of Labor [6] Group 3: Alternative Investments and Market Trends - The alternative investment industry is projected to exceed $1 trillion in cumulative capital formation by the end of 2025, driven by private wealth investors [9] - Private market offerings are becoming more common in asset allocation for RIAs serving high-net-worth clients [7] - Asset managers are increasing collaboration across teams to address the growing influence of investment consultants in new market segments [8]

Group 1 - Goldman Sachs and T. Rowe Price plan to offer new alternative investments for retirement accounts by the end of the year [1][3] - The initiative follows an executive order by President Trump that expands access to alternative investments in 401(k) accounts, potentially impacting $9 trillion in assets [2] - Goldman Sachs will acquire a stake of up to $1 billion in T. Rowe Price, which manages $1.6 trillion, with around $1 trillion related to retirement [3] Group 2 - New products will include funds with targeted retirement dates, featuring a mix of alternative assets and public investments, with a decreasing proportion of alternatives as retirement approaches [4] - Wealthy clients will have access to exclusive alternative portfolios that combine private credit and equity, with plans to broaden distribution [5] - Analysts highlight risks such as liquidity and pricing transparency, but new structures may offer improved liquidity and daily pricing [6] Group 3 - Long-term projections suggest that alternative investments in retirement accounts could reach 10% to 20% of total allocations [7] - Initial discussions for the partnership began a year ago, focusing on market convergence and the growth of private assets [8]

You can find original article here Wealthmanagement. Subscribe to our free daily Wealthmanagement newsletter. New York City-based alternative investments platform Arch has raised $52 million in a Series B funding. Venture capital firm Oak HC/FT, which is a new investor in the platform, led the round. It also included Menlo Ventures, Craft Ventures, Quiet Capital and others. The funding will support Arch’s ongoing expansion and development, with a focus on meeting the needs of institutional investors, pri ...

Core Insights - iCapital has made a strategic investment in Tangible Markets to enhance access to alternative investments and address liquidity issues in the sector [1][3] - The partnership aims to develop scalable liquidity solutions for wealth managers, asset managers, and institutional investors, integrating Tangible's solutions into the iCapital platform by the end of 2025 [2] Company Developments - iCapital's CEO emphasized the importance of liquidity in alternative investments, stating that the partnership will redefine institutional-grade liquidity solutions and provide clients with greater transparency and flexibility [3] - The collaboration will result in a suite of liquidity options for alternative investment funds, connecting a large buyer-seller network and improving price discovery [3][4] Market Impact - The liquidity mechanism will support various strategies, including private equity, private credit, real assets, and hedge funds, allowing advisers and eligible investors to participate in regular auctions [4] - iCapital's platform will enhance the management of alternative investments by providing sellers with curated auctions and real-time pricing data, while buyers will benefit from easier access to high-quality alternatives [5]

Core Insights - Baird has acquired a minority equity stake in Sagard, aiming to distribute Sagard's products within its U.S. private wealth business [1][2] - The partnership is intended to enhance Sagard's entry into the U.S. wealth channel, providing individual investors access to institutional-quality alternative investments [2] - Baird's private wealth business manages $350 billion in client assets as of June 30, 2025, indicating significant market presence [2] Company Strategies - Sagard's CEO emphasized that the partnership aligns with their strategy to build a leading middle-market-focused investment firm [2] - Baird's Chairman noted that the collaboration will enhance their ability to offer distinctive investment opportunities and strengthen exposure to alternative assets [3] - Both firms plan to launch new U.S.-tailored strategies supported by a wholesaling team and integrated with the alternative investments platform CAIS [3] Industry Trends - The deal reflects a broader trend among financial advisory firms to enhance their alternative investment capabilities [4] - Recent moves by other firms include Merrill Wealth Management launching a private market investment program and Edward Jones expanding its product lineup to include alternative investments [4][5] - Charles Schwab has also introduced a platform for retail clients with significant assets, further indicating the growing focus on alternative investments in the industry [6]

Financial Performance & Guidance - Clearwater core business revenue in 2024 was $451.8 million, with a forecasted 20% growth[183] - The company significantly exceeded gross margin expectations, delivering 78.2% in H1 2023 against a 76% forecast[29, 27] - Non-GAAP EBITDA expectations were also exceeded, with 35.5% in H1 2023 compared to a 31% forecast[33, 31] - FY 2025E revenue guidance is between $726 million and $732 million[183, 185] - The company aims to reduce leverage to below 3 times by December 31, 2026[210] Strategic Initiatives & Growth Drivers - The company's Total Addressable Market (TAM) has more than doubled after integration[83] - Enfusion is expected to re-accelerate growth, targeting a ~20% ending growth rate[96, 97] - The company is enabling a "1 to 4 bps journey," referring to increased technology spending by clients, with current spend addressing 1bp and a target to reach 4bp[106, 112] - Insurance market represents a $6.3 billion ARR global opportunity[117, 119] Technology & Platform - Clearwater has a single data ingestion platform that processes over $10 trillion for over 1,450 clients daily[63] - The company is creating a CWAN compliant standard for the industry, aiming to become the standard for reporting for Alternative Assets with $10T on the platform[160]

Core Insights - BlackRock has completed the acquisition of ElmTree Funds, enhancing its private markets capabilities and expanding access to alternative investments [1][9] - The acquisition aligns with BlackRock's long-term goal of raising $400 billion for private markets by 2030 [1] - ElmTree managed $7.3 billion in assets as of March 31, 2025, and is a leader in commercial net-lease assets [1][2] Expansion of Private Markets - The acquisition of ElmTree builds on BlackRock's previous acquisition of HPS Investment Partners, reinforcing its focus on private credit and real estate [2] - ElmTree's expertise will enhance BlackRock's Private Financing Solutions platform, providing long-term income opportunities for clients [2][3] - Over the past year, BlackRock has invested more than $28 billion to strengthen its position in high-growth private markets [3] Shift Towards Alternative Investments - BlackRock's CEO Larry Fink indicated a shift from traditional 60/40 portfolios to a 50/30/20 mix of stocks, bonds, and private assets for stronger returns [4] - The company plans to launch a target-date fund incorporating private equity, private credit, and other alternative investments [5] - BlackRock is integrating private equity and credit into pre-built portfolios to meet rising demand among individual investors [6] Competitive Landscape - Competitors like Apollo Global Management and Blackstone are also making significant strides in private markets, expanding their multi-strategy platforms and asset-backed credit offerings [7] - Both competitors are focusing on evergreen and private wealth channels, originating larger financings previously dominated by banks [7] Performance Metrics - BlackRock's shares have risen 8.7% this year, contrasting with a 1.6% decline in the industry [10]

Two flagship SkyBridge funds are moving on-chain with enterprise-grade infrastructure from Tokeny and Apex, bringing new levels of transparency, liquidity, and accessibility to alternative investments.Institutional RWA adoption is accelerating ...