The growth of private markets allocations in institutional portfolios is well covered. More recently however, the focus has been re-directed to the private wealth side. The cynics will argue that this is because the private markets industry needs to tap a new client segment. A more positive argument would be that this also gives individual investors access to an important building block for building diversified portfolios.
“The democratisation of private assets is starting in earnest,” concluded Huw van Steenis, vice chair and partner at consultancy Oliver Wyman, in a recent post on LinkedIn as a response to the executive order signed by President Trump, allowing 401(k) plans to enable better access to private assets. Tell Media Group recently sat down with Philip Heeroma, head of private wealth Nordics at EQT Group, to discuss private markets in general and the opportunities in the private wealth market in particular. Over the last 30 years, EQT has grown from a Swedish private equity investor to the world’s second largestIf you’re new to Tell Media Group, create an account first.
Read more about our memberships