I’m Michael, and hey, don’t mind me just rambling on here at AGM, that spot where private markets folks like to chill. Okay, well, not really chill because private markets are always hustling, ain’t they? So, every Friday, I toss around some headlines, splash in a bit of new stuff about the whole private market scene. You know, all the jazz that keeps spinning and rolling forward. Oh, and Sundays, if you’re into some deep dives and couch-like reading, the AGM Alts Weekly sneaks into your inbox. Cool? Let’s peek into what folks say about it:
“Alt Goes Mainstream is… well, unique!” someone high up in Marketing & Comms says. I mean, that’s something, right?
“When alts and wealth overlap, Michael’s the guy,” says a CIO with $18B AUM. No pressure, huh?
“This is where we go to learn about alts,” notes the Head Marketing guru with a hefty $250B under management. Cheers for the props!
Dive into the meat, all those crunchy bits of happenings around. SEI’s snaggin’ 17 fund champions onto SEI Access—BlackRock, KKR, yada yada. And private equity poking around 401(k)s—kind of a transparent, fee-tinkering gig, says experts. Big shots like Capital Group and KKR knocking at the SEC’s door for a retail fund go-head. A mad scramble in evergreen land for AssetMark, squashing newness via VestMark’s Tampa goodies. XA dropping smarts in Citywire scoops on evergreen funds grabbing the wealth chants.
Wham! Brookfield shelling out for Just Group. Life insurance drama takes on pension theatre. And Carlyle’s boss, Schwartz (not to be confused with anyone else), mixing up rank spices by hailing in trio co-presidents.
Ever checked the old-school PE playbook? Lateral and Searchlight have, apparently. Something about founder-led ops, you get me? Meanwhile, Tikehau’s tooting the bugle over its H1 2025 fundraising record—5.9 billion bucks. KKR’s leveraging asset-finance and getting fancy with a $6.5 billion song.
Detour to private credit land: Proskauer numbers show a nice drop. Apparently, people not defaulting is cool now.
Europe’s realty folks are chilling too; tariffs are messy, so they’re not splashing cash just yet. Blue Owl’s talking a “manic” dance in secondaries (sounds wild!). HarbourVest’s riffing on private credit, ’cause that’s hot too.
Oh, and data centers—hooray, AI toys need homes, right? KKR and ECP going all-in on a Dallas project. AMG and Montefiore shaking hands over in Europe. Meanwhile, Ray Dalio waved bye-bye to Bridgewater stakes, and Brunei scooped it up.
Last one, then I’m outta here: WisdomTree, by the almighty power of cash, is eyeing farm vibes with Ceres Partners. High hopes with a sprinkle of ongoing revenue magic.
Whoo, what a ride. Maybe I rambled too much, but this is the real deal. Keep poking around for those nuggets. Catch y’all later.
