Bridging the Liquidity Gap: The Evolution of GP Solutions in Private Markets

Welcome to the Allocate Podcast, an interview and educational series designed to help investors better understand and navigate alternative investments. Join us for conversations with leading founders, fund managers, and institutional allocators as we explore key trends and insights shaping the private markets.

In this episode, Allocate’s Nic Millikan speaks with Richard Golaszewski, Co-Head of GP Financing Solutions at Hunter Point Capital. Their discussion explores the evolution of GP financing, the growth of private markets, and the innovative capital solutions available to general partners. Richard shares his career journey from Wall Street to Hunter Point, highlighting the importance of partnership, leadership, and building value beyond capital.

Topics include the drivers behind GP stakes and preferred financing, the widening liquidity gap in private markets, the role of strategic partnerships, and the ongoing innovation shaping the industry. The conversation also explores Hunter Point’s differentiated approach, the significance of culture and mentorship, and the future outlook for GP solutions as the private markets continue to expand and evolve.

About Richard Golaszewski

Richard Golaszewski is a Managing Director at Hunter Point Capital and serves as Co-Head of Hunter Point Capital GP Financing Solutions. Prior to joining HPC, Richard served as a Managing Director at 17Capital where he was responsible for originating, structuring, and executing preferred equity and NAV loan investments and co-led the firm’s U.S. investment team. During his time at 17Capital, Mr. Golaszewski led some of the private equity industry’s largest and most complex private equity portfolio finance investments, establishing unique partnerships with private equity managers across their funds, management companies and strategic investors.

Hunter Point Capital is a private equity firm that partners with leading alternative asset managers to support their long-term growth and strategic initiatives. The firm provides minority investments and GP capital solutions, aligning with managers by investing alongside them and offering deep expertise in building businesses. Since its founding, Hunter Point has backed a number of high-performing investment platforms across private equity, credit, and real assets, and is recognized for its independent, partnership-driven approach and strong track record of value creation.

Topics in this conversation include:

* Introducing Richard and Hunter Point Capital (1:14)

* Why GP Solutions? (2:37)

* Richard’s Background and Career Path (6:03)

* Lessons from Mentors (9:18)

* Leadership Style and Team Building (12:34)

* Firm Culture and Structure (14:33)

* Evolution of GP Financing (16:19)

* Secular vs. Temporal Market Shifts (19:40)

* Growth and Adoption of GP Tools (21:31)

* Hunter Point’s Differentiation (23:21)

* Importance of Long-Term Relationships (26:14)

* Looking Ahead: Future of GP Solutions (30:24)

* Final Thoughts and Takeaways (32:10)

Disclosure

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