Private Market Transformation

Since 08/21/24 which is when “Asset Managers Must Invest in Private Markets Now, Bain Says” was published, SaveChangeWorld.com has been monitoring the news flow for the evolving private markets. To put Bain’s projections into perspective, the aggregate value of S&P 500 at 12/31/2025 was $58.4 Trillion. See also “Why Pubcos @ Market Caps <$10 Billion Extinct by 2030?”

Alternative Assets Are Poised to Keep Growing

Secondary Market for Private (non-public) Companies Rapidly Evolving

To include Adolescent Unicorns @ < $1.0 billion valuation

News & Reports

SEC Preps Plan to Widen Investor Access to Private Markets

by Bloomberg.com | Sep 1, 2026 | Markets, Private Markets

The US Securities and Exchange Commission is eyeing a plan to expand access for retail investors to private markets and allow investment advisers to charge performance fees to a wider set of clients. The regulator’s planned proposal was received by the White House...

Robinhood CEO Says US Household Stock Ownership Could Rise to 95% as AI Bots Render DIY-Trading Obsolete

by International Business Times | Aug 24, 2026 | Markets, Private Markets

Tenev believes Robinhood has considerably helped ramp up US household stock ownership in recent years Robinhood CEO Vlad Tenev sees a future in which almost every American household could own stocks as AI agents increasingly take over investing through automated...

Euronext Mulls Setting Up a Private Market to Rival the UK’s

by Bloomberg.com | Jul 24, 2026 | Markets, Private Markets

Euronext NV is considering creating a market for private securities, potentially ramping up competition with the London Stock Exchange Group Plc as bourses seek to offer investors access to fast-growing private companies. Euronext has held discussions with clients...

BlackRock taps new private markets muscle

by TheStar | Jul 22, 2026 | Markets, Private Markets

For Larry Fink, BlackRock Inc’s more than US$12bil debt sale for a Meta Platforms Inc data centre is the result of years spent transforming a public investments giant into a heavy hitter in private markets too. The coming sale brings together investors from Fink’s two...

Wellington, Vanguard, and Blackstone Announce the Launch of Two Investment Solutions, Simplifying Access to Public and Private Markets

by BusinessWire | Jul 22, 2026 | Markets, Private Credit, Private Markets

Funds available at launch through Bank of America wealth management platformsBOSTON & VALLEY FORGE, Pa. & NEW YORK--(BUSINESS WIRE)--Wellington Management (“Wellington”), Vanguard, and Blackstone (NYSE: BX) today announced the launch of two new investment...

Blackstone Debuts Funds to Bring Private Markets to Main Street

by Bloomberg.com | Jul 22, 2026 | Markets, Private Credit, Private Markets

Blackstone Inc. teamed up with Wellington Management Co. and Vanguard Group to create two new funds that will give individual investors access to private assets as it looks to go beyond its roots as a money manager for pensions and institutions to become more of a...

Private Markets Titans Fight Back in Court of Public Opinion

by Bloomberg.com | Jun 13, 2026 | Private Credit, Private Markets

Private capital’s problems are more perception than reality. Executives returned to that claim repeatedly this week, as they gathered in Berlin for SuperReturn, the leading European conference for the $11 trillion private equity and private credit industries....

Hedge Funds Are Split Over How to Trade This AI-Fueled Market

by Bloomberg.com | Jun 11, 2026 | Markets, Private Markets

Even hedge funds are divided about whether to ride the artificial intelligence wave or position for a nasty stock-market correction. Andreas Halvorsen’s Viking Global Investors, which manages more than $50 billion, is among the cautious few. He recently told investors...

Private Credit Stocks Fall on Cliffwater Redemption Requests

by Bloomberg.com | Jun 3, 2026 | Markets, Private Credit, Private Markets

Shares of the biggest alternative asset managers tumbled Wednesday after Cliffwater LLC’s flagship private credit fund reported even larger redemption requests than in the first quarter, setting off a new wave of fears about the industry. Shares of Blackstone...

Private Credit Marks Drawing More Scrutiny From SDNY Prosecutors

by Bloomberg.com | Jun 3, 2026 | Markets, Private Credit, Private Markets

Wall Street’s top prosecutor said his office is looking at possible valuation discrepancies in the private credit marketplace. Jay Clayton, the US attorney for the Southern District of New York, addressed the issue Wednesday while speaking at the Bloomberg Global...

SpaceX IPO Requires Leap of Faith in AI, Mars and Musk’s Vision

by Bloomberg.com | May 21, 2026 | Markets, Private Markets

Elon Musk’s SpaceX pulled back the curtain on a business empire that has racked up ballooning losses and debt after acquiring a cash-hungry startup, and pumping billions of dollars into futuristic endeavors ranging from AI to a Mars rocket. The prospectus that...

Magellan Says Barrenjoey Deal Lifts Private Markets Opportunity

by Bloomberg.com | May 18, 2026 | Markets, Private Credit, Private Markets

Magellan Financial Group Ltd.’s chief executive said its merger with Barrenjoey Capital Partners will allow the Australian firm to provide its customers with more offerings in private markets. The deal is on track to close around the middle of this year and...

HK Family Offices Plan More Crypto, Private Markets Exposure

by Bloomberg.com | Mar 10, 2026 | Markets, Private Credit, Private Markets

Many Hong Kong-based family offices are planning to add exposure to private equity and digital assets over the next three years, according to a report commissioned by local authorities. Interest from wealthy families in those assets, alongside private credit and...

BlackRock and Partners Group Launch First-of-Its-Kind Private Markets SMA for Wealth Platforms

by BlackRock | Jan 29, 2026 | Markets, Private Markets

New Separately Managed Account (SMA) strategies provide simpler access to private markets for scalable, outcome-oriented portfolio construction. Private assets can help diversify portfolios, improving risk-adjusted returns and resiliency amid uncertainty. BlackRock...

BlackRock Offers Senior Executives New Pay Perks for Private Markets Expansion

by Bloomberg.com | Jan 16, 2026 | Markets, Private Markets

BlackRock Inc. will award some of its most senior executives new pay perks tied to its expansion in private markets, signaling again its intent to compete head-on with the largest alternative asset managers. The firm will give some of its “selected” leaders carried...