Shifting Trends in Global Investment

Welcome back to the Alt Goes Mainstream podcast.

Today’s conversation brings us beachside, featuring a live podcast from Soho Beach House in Miami with EQT Partner, Head of Private Wealth Americas Peter Aliprantis.

With the backdrop of the beach behind us and the wealth community in the audience, Peter and I discussed the nuances of the wealth channel and how Peter’s experience working with wealth is brought to bear as he brings EQT’s brand and capabilities to the Americas wealth channel.

Peter brings a wealth of knowledge to the private wealth solutions world, garnering over 25 years of experience in the space. Prior to joining EQT, Peter spent 12 years at TPG Angelo Gordon as a Managing Director, where he focused on new business development and intermediary distribution.

Peter and I had a fascinating, lively, and thought-provoking conversation which then turned into an intellectually rich dinner discussion with the guests. Listen in — we hope you enjoy.

You can also read a recent AGM Op-Ed by Peter here. 

Many of the themes that Peter discussed in our conversation, particularly around evergreen funds and why model portfolios are the next big innovation in private markets, were covered in his Op-Ed.

A word from AGM podcast sponsor, Juniper Square

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Fundraising remains challenging, providing liquidity to investors is even harder—and broadly speaking, most GPs are underwater operationally.

It’s not about to get easier, either. Especially for managers vying for capital from the wealth channel. Sure, there’s increased demand from HNW and UNHW investors to gain private markets exposure…but managing their expectations for the investing experience is a whole different ballgame.

Reams of paper and a new KYC process every single time they subscribe to a fund? Brutal.

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Show Notes

00:04 Juniper Square: Revolutionizing Fund Management

01:38 Welcome to Alt Goes Mainstream

01:43 Live from Soho Beach House, Miami with EQT’s Peter Aliprantis

02:43 Navigating Current Markets

02:58 Volatility in Public Markets

04:53 Global Investment Trends

05:16 Investor Behavior and Global Markets

05:32 Private Markets in Europe and Asia

06:43 Investment Opportunities in Asia

07:27 Private Markets Outperforming in Europe

07:37 Wealth Channel Conversations

08:18 EQT's Global Footprint

08:57 Mega Trends in Global Investment

09:29 Data Centers and Energy Needs

11:17 Natural Gas and Carbon Capture

11:57 Nuclear Energy and Modular Reactors

12:43 Investment Scale and Origination

13:06 Evergreen Structures in Private Markets

16:28 Opco Structures Explained

17:15 Evergreen Structures and Investor Access

17:54 Institutional Adoption of Evergreen Structures

21:32 Model Portfolios in Wealth Channel

22:29 Manager Selection and Performance

23:34 Client Servicing and Education

27:43 Early Days in Wealth Channel Allocation

28:39 Benefits and Limitations of Evergreen Structures

29:11 Quick Fire Questions

29:26 Exciting Investment Strategies

30:16 Risks in Private Markets

31:12 Using Private Markets in Portfolios

32:35 Next Big Innovation: Model Portfolios

32:46 Intersection of Public and Private Markets

33:22 Moving Beyond the 60/40 Portfolio

Editing and post-production work for this episode was provided by The Podcast Consultant.