RIA Edge Private Markets Day 2 - US Central Time
Lessons learnt from 2026’ mega IPOs: were they beneficial for wealth clients?
The role of private markets – Leveraging venture capital, secondary markets, and growth equity funds to gain early exposure before public listing
Looking forward to the IPOs to come
Status of the private credit market and next steps for the wealth channel
What RIAs and clients didn’t understand about liquidity and what to change
Getting comfortable with private credit NAVs
Pitfalls and opportunities moving forward
Reviewing current regulatory landscape and existing products, what is coming down the line?
Operational challenges: Providing daily liquidity to participants making small contributions while investing in illiquid assets requires evergreen structures and redemption caps. Educating unsophisticated 401(k) participants about illiquidity, complex fees, and actual risk presents massive implementation hurdles.
The democratization debate: Is adding private markets to retirement plans improving outcomes for average savers or creating a distribution channel for asset managers at the wrong time in the cycle when forward returns may be compressed?
Weighting private markets for clients – key considerations
How to integrate private markets into a coherent portfolio for advisors
Reporting tools and integration in client portals
Achieving scalability for private market opportunities
Looking at the key infrastructure market segments: real estate, commercial, infrastucture, opportunities
Relative pros and cons for wealth channel
Liquidity profiles, tax efficiencies and other key features
351 exchanges
Sustainability of Returns – Analyzing whether historical secondary market discounts and outperformance can persist amid increased competition and market maturation
Access Points and Vehicles – Navigating LP-led transactions, GP-led continuation funds, and specialized secondary funds to gain exposure to mature private equity portfolios
Portfolio Construction Benefits – Leveraging secondaries to reduce J-curve effects, accelerate distributions, achieve immediate diversification, and manage vintage year exposure