Jenny Johnson, CEO of Franklin Templeton, discusses the growth of retail investors in private equity markets, including the evolution of the secondaries market and the potential of accessing this market through retail investors using technology like tokenization and blockchain. The podcast also touches on the significance of cultural fit in acquisitions and the challenges faced by large alternative managers in entering the wealth space. Additionally, the speakers highlight societal changes in Saudi Arabia, innovation in green energy, and the rise of private equity activity in Japan.