Non-traditional fund types

Four factors enabling HNW growth in private markets.

Private equity may have its first $1 trillion dollar year, according to Morgan Stanley, in part fueled by the entrance of new investors, including a wider swatch of high-net-worth individuals. As those investors have different liquidity requirements than institutions, new fund types are developing, offering greater liquidity and diversification. Michael Baruch has more on what’s fueling the bang-up year for the industry and the new, “broad range” of innovative structures emerging alongside it.

Email prepared by Graham Bippart