The private markets have captured significant attention among investors of all kinds, from institutional investors to fund managers and even retail investors. As the private markets disrupt the public ones in some ways, significant changes within the private markets are also underway.
At the Morningstar Investment Conference at the end of June, Fran Golden of Blackstone, Brendan McCurdy of Ares Wealth Management, and Kunal Shah of iCapital Network joined PitchBook's Dylan Cox to discuss the private markets.
From feeder-fund structures to perpetual fund strategies
Golden said a key idea at Blackstone has been to take large, institutional real estate and private-equity funds and build feeder-fund structures and get them on platforms like UBS, Merrill and Morgan. Essentially, the firm was...
