iCapital & Alt Goes Mainstream Present: Investing with an Evergreen Lens Ep. 2 – KKR: Evergreen Solutions for Private Capital
Dec 11, 2024
Doug Krupa, an industry leader at KKR specializing in evergreen investment strategies, dives into the innovative world of private capital. He discusses the mainstream acceptance of evergreen structures, emphasizing their benefits for wealth management. The conversation covers the complexities of private markets, including investor challenges and the evolution in strategies. Krupa also highlights the importance of education and partnerships in enhancing access to these investment opportunities, showcasing a shift in how private capital is perceived in the finance landscape.
AI Snips
Chapters
Transcript
Episode notes
Early Inspiration from Firefighter Pension
- Doug Krupa shared how his father’s firefighter pension was heavily invested in private markets which delivered better long-term returns.
- This experience motivated him to democratize private market access for wealth clients beyond pensions.
Challenges of Private Markets Access
- Private market investing creates operational burdens like capital calls and tax complexity that limit access for high net worth individuals.
- Solving these pain points without diluting benefits is key to expanding private capital adoption.
KKR’s Commitment to Wealth Channel
- KKR’s longstanding focus and investment in the Wealth Channel reflects their commitment to innovate private markets access.
- Their global reach and pioneering history makes collaboration attractive for wealth distribution.