In terms of how private markets exposure works inside a client’s overall portfolio, Ben Sayer, alternative investments group head at MAI Capital Management, said the alts can be separated into three categories. Depending on a client’s risk and return profile, Sayer said MAI might employ an income and low-volatility growth alternative strategy as an extension of a fixed-income portfolio. Growth alternatives can be used to enhance equity exposure, and real assets can be used as an inflation hedge, Sayer expla ...

With a market cap of $114.8 billion, Blackstone Inc. (BX) is a global alternative asset management firm specializing in private equity, real estate, hedge fund solutions, credit, and multi-asset investment strategies across a wide range of industries and geographies. The firm invests worldwide across company life cycles and asset classes, with a strong presence in North America, Europe, Asia, and Latin America. The New York-based company is expected to release its fiscal Q4 2025 results soon. Ahead of th ...

Qualivian Investment Partners, an investment partnership focused on long-only public equities, released its Q3 2025 investor letter. A copy of the letter can be downloaded here. The fund outperformed the iShares MSCI USA Quality Factor ETF (QUAL) by 69.2% and 61.3% on a gross and net basis, since inception through September 30, 2025. It also exceeded the S&P 500 by 32.7% and 26.1% respectively, on a gross and net basis. In addition, please check the fund’s top five holdings to know its best picks in 2025. ...

Core Viewpoint - Certuity, a registered investment advisor with $4 billion in assets under management (AUM), focuses on strategic long-term investments for high-net-worth clients, emphasizing global diversification and a balanced approach to asset allocation [4][5]. Investment Philosophy - The firm prioritizes a five- to seven-year investment horizon, encouraging clients to avoid overreacting to market fluctuations [5]. - Certuity employs a barbell strategy, catering to both ultra-high-net-worth clients (over $25 million) and those with $5 million to $15 million in assets [3][4]. Asset Allocation Strategy - Certuity's model typically starts with a 75% equity and 25% fixed-income allocation, which is believed to yield higher returns compared to the traditional 60/40 model [9]. - Within equities, approximately 65% is allocated to U.S. markets, 20% to developed international markets, and 15% to emerging markets [9]. - Fixed-income investments are primarily in municipal portfolios and core bond funds, with adjustments made for clients seeking additional yield through private credit [10]. Private Market Investments - The firm has a strong belief in private markets, with significant allocations to private equity, private credit, and niche areas like sports investing [6][15][17]. - Certuity is actively involved in sports investing, which is characterized by low correlation to traditional assets and has shown strong performance over the past five to six years [17][18]. Due Diligence and Investment Process - Certuity employs a thorough due diligence process for third-party asset managers, focusing on people, philosophy, and performance [26]. - The firm conducts its own underwriting for private market investments, although it collaborates with third-party consultants for additional insights [28][29]. Future Investment Plans - Certuity plans to launch a drawdown energy infrastructure fund, anticipating increased demand for energy production and transmission [21]. - The firm is also exploring opportunities in venture capital and real estate, areas it has not been active in recently [22].

Core Insights - India's industry, trade, and commerce are experiencing a significant shift in credit sourcing, with non-traditional funding sources gaining prominence amid a GDP growth averaging around 8% over the past few years [1][5]. Credit Flow Trends - The flow of bank credit in FY25 decreased by approximately ₹3.4 lakh crore, dropping from ₹21.4 lakh crore to ₹18 lakh crore, while non-bank sources compensated for this decline with an increase of ₹4.3 lakh crore, rising from ₹12.5 lakh crore in FY24 to ₹16.8 lakh crore in FY25 [2][4]. - In FY26 (up to October 31), the total flow of financial resources to the commercial sector increased to ₹20.1 lakh crore from ₹16.2 lakh crore a year ago, with non-bank sources contributing ₹8,95,813 crore, marking a 39% year-on-year increase [13]. Non-Bank Financing Sources - Non-bank financing sources include commercial papers, corporate bonds, private equity, venture capital, credit from non-banking financial companies (NBFCs), external commercial borrowings (ECBs), and foreign direct investments (FDI) [6]. - In FY25, corporate bond issuances reached ₹9.9 lakh crore, a 16.1% increase from the previous year, while investments from alternative investment funds (AIFs) grew by 32% year-on-year to ₹5,38,161 crore as of March-end 2025 [20]. Structural Changes in Financing - The shift towards non-bank financing is driven by India's rapid economic expansion and formalization, which have increased corporate financing needs, while banks face exposure limits and tighter lending norms [18]. - Companies are increasingly seeking non-bank capital as it offers faster execution, higher ticket sizes, and capital aligned with long-term growth rather than short-term debt servicing [19]. Regulatory Environment - The RBI and SEBI are encouraging diversification of corporate funding by deepening the corporate bond market and enhancing supervision of NBFCs, which reflects a regulatory nudge towards non-bank financing [21][22]. - The upcoming withdrawal of guidelines that limited bank credit to large borrowers is expected to allow banks to increase their lending to corporations, potentially balancing the shift towards non-bank sources [24][25].

In the months since President Donald Trump ordered a review of ERISA fiduciary guidelines aimed at expanding access to alternative investments, debate and research around these once-niche assets has surged. And 401(k) plan advisors are increasingly warming to them as well, a new study shows. Roughly 1 in 4 defined contribution plan advisors say they are likely to recommend alternatives in workplace plan offerings, with 10% already doing so, according to a survey from market research firm Escalent. The s ...

Shutterstock/Miljan Zivkovic Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. In a time of heightened economic uncertainty, institutional and individual investors have been increasingly allocating capital to alternative investments such as private equity (PE) and real estate. They’re not just seeking potentially higher long-term returns, but also stronger diversification and inflation hedging. Alternative investments are no longer considered niche asset ...

Core Insights - Blackstone Group is a leading global investment firm specializing in alternative asset management, with a diverse portfolio that includes private equity, real estate, and credit [1] - The company's strategic focus on data centers reflects its commitment to investing in infrastructure that supports technological advancements [1][3] - UBS has set a price target of $175 for Blackstone, indicating a potential upside of approximately 11.75% from its current trading price of $156.60, showcasing confidence in the company's market position and strategic investments [2][6] Company Performance - Blackstone's stock has shown recent trading activity between $150.94 and $157.30, with a market capitalization of approximately $187.93 billion, indicating its dominance in the investment landscape [4][6] - The stock has experienced significant price movement over the past year, with a high of $192.17 and a low of $115.66 [4] - Today's trading volume for BX is 5,039,799 shares, highlighting active investor interest in the company [5] Strategic Focus - The emphasis on data centers as a promising investment opportunity aligns with Blackstone's long-term growth strategy, particularly in the context of increasing investments in AI hardware [3][6] - Data centers are recognized as vital in supporting the digital economy and technological advancements, reinforcing their importance in Blackstone's investment strategy [3]

Company Overview - Ares Management is a leading global alternative asset manager with approximately $600 billion in assets under management [1] Industry Performance - In 2025, Ares maintained its industry-leading growth momentum, driven by record fundraising, accelerated deployment, and strong investment performance [2]

You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters. Advisors overwhelmingly look to private market assets to diversify risk in client portfolios, according to the fourth annual survey conducted by alts platform CAIS and financial consultancy Mercer. The survey also found that 90% of advisors currently allocate to alts and 88% plan to increase allocations over the next two years. In addition, almost half of the surveyed advisors (49%) on average a ...