GP Stakes: Investing in Private Asset Growth

GP stakes involve owning a piece of firms that manage private assets as an asset class. It provides a way to benefit from the growth of private assets by owning a stake in the firms that manage the money. This ownership allows for participation in management fees and carried interest. GP stakes are typically seen as more predictable and consistent than hedge funds. However, there are risks involved, such as the firm's inability to raise new funds or a downturn in performance. Overall, GP stakes offer a unique opportunity for investors to tap into the private markets and potentially earn substantial returns.