Jonathan Guilford

Lawrence Calcano, Chairman and CEO of iCapital, shares insights from his investment banking background and the evolution of private equity targeting individual investors. Jonathan Guilford, US editor at Reuters Breakingviews, highlights the regulatory shifts enabling retail access to alternative assets. They discuss the complexities of navigating investment structures, the integral role of technology in connecting investors to private equity, and the crucial need for financial advisors to educate clients about liquidity risks and long-term commitments in these innovative investments.

Marc Lipschultz, Co-CEO of Blue Owl Capital, and Jonathan Guilford, Breaking Views Associate Editor, discuss the intriguing dynamics of the private credit market. They reveal how non-bank lenders, with $2 trillion in assets, are reshaping the industry while facing rapid consolidation. The conversation dives into the evolution of private credit, the critical role of direct lending post-COVID, and the challenges of managing large asset bases. They also emphasize the importance of transparency and the democratization of investment opportunities for individual investors.