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

Apollo Plans to Build the First Marketplace for Private Credit

by Bloomberg.com | Feb 5, 2025 | Markets, Private Markets

Apollo Global Management Inc. is seeking to build a marketplace that would allow investors to buy and sell high-grade private assets more easily, while encroaching further into terrain once dominated by the biggest Wall Street firms. The alternative asset manager is...

Blackstone Sees Trillions From Rich Flowing to Private Markets

by Bloomberg.com | Jan 31, 2025 | Markets, Private Markets, Recommended

Investment firms are targeting wealthy clients to fuel growth The firm’s BXPE has raised $8.5 billion since its launch Private markets are set to see trillions of dollars of inflows as wealthy individuals gain greater access to an industry once dominated by...

Can Private Markets Be the Alternative to Lofty Public Market Valuations?

by Apollo | Jan 30, 2025 | Markets, Private Markets, Recommended

https://savechangeworld.com/wp-content/uploads/2025/02/Apollo-Global-Private-Markets-Alternative-Lofty-Valuations.pdfWritten by: Alexander Wright @ApolloThe post "Can Private Markets Be the Alternative to Lofty Public Market Valuations?" first appeared...

Apollo’s Wealthy Customers Want In on the Private Markets Boom

by Bloomberg.com | Jan 29, 2025 | Markets, Private Markets

For years, the best opportunities in private markets were snapped up by institutional investors. Now, Apollo Global Management Inc. is helping the world’s ultra-wealthy get in on the action. The asset management giant has seen some wealth investors allocate as much as...

Private Fund Giants Gain Traction With Europe’s Wealthy Families

by Bloomberg.com | Jan 28, 2025 | Markets, Private Markets

EU approvals of new-style evergreen funds tripled last year Alternative asset managers gather at IPEM Cannes this week After a slow start, alternative asset managers are finally starting to see some success with Europe’s wealthy by offering something investors crave:...

Stalled-Out Tech Stocks Leave ‘Other 493’ to Drive Market Gains

by Bloomberg.com | Jan 17, 2025 | Markets, Private Markets

New year kicks off with broadening beyond Magnificent 7 shares Energy, materials, utilities are winning sectors to start 2025 Some less-loved sectors of US equities are taking the lead in driving the market higher to start 2025, as lofty valuations and slowing profit...

BlackRock ties Fink’s pay to private market expansion

by Reuters.com | Jan 14, 2025 | Markets, Private Markets

BlackRock assets hit record $11.6 trillion last year 'Carried interest' incentive follows aggressive 2024 expansion New Fink package to start with end-2024 compensation Top asset manager BlackRock said on Friday it has changed the way Chairman and CEO Larry Fink will...

Franklin Templeton and Lexington Partners Launch First Registered Tender Offer Private Equity Secondaries Fund for U.S. Wealth Channel

by Franklin Templeton | Jan 13, 2025 | Markets, Private Markets

Franklin Templeton announced today the launch of its first continuously offered fund focused on secondary private equity investments. Co-advised by Franklin Templeton and Lexington Partners, a pioneer in the private equity secondary and co-investment markets, the...

Top Australia Pension Funds to Add Private Investments in 2025

by Bloomberg.com | Dec 18, 2024 | Markets, Private Markets

Australia’s A$4.1 trillion industry invests heavily offshore About one fifth of retirement money is in private markets Investment chiefs at big Australian pension funds are honing in on private assets for next year as a key source of growth for the nation’s...

Corporate investors tap $30bn secondary market to exit startup holdings

by GlobalCorporateVenturing.com | Nov 22, 2024 | Markets, Private Markets, Recommended

The lack of exit options including M&A and initial public offerings is pushing corporate investors to sell VC assets in the growing secondary market. Interest among CVCs seeking to offload venture investments in the secondary market is at all time high amid a...

KKR-Bain Brawl Worth $4 Billion Shows Japan Private Equity Boom

by Bloomberg.com | Nov 21, 2024 | Markets, Private Markets

Buyout firms are taking bolder steps to clinch deals KKR is bullish on Japan, where its returns are biggest When KKR & Co. offered almost $4 billion for a Japanese IT consulting company back in August, the proposal generated buzz in the country’s burgeoning buyout...

Apollo Invests in Fintech to Boost Service for Private Markets

by Bloomberg.com | Nov 12, 2024 | Markets, Private Markets

Vega is scaling a tech platform for alternative asset managers Apollo, Motive Partners lead $20 million Series A funding Apollo Global Management Inc. is investing in startup Vega and adopting its technology that looks to improve service for clients looking to further...

NPM Launches Private Share Prices as Market for Data Grows

by Bloomberg.com | Oct 31, 2024 | Markets, Private Markets

Nasdaq Private Market product based on trades, filings Company acquired VC Experts’ 30 years of data in 2022 Nasdaq Private Market LLC is publicly launching a proprietary pricing product for private companies, joining an increasingly competitive space for data on...

BlackRock Hits $11.5 Trillion With Push into Private Markets

by Bloomberg.com | Oct 11, 2024 | Markets, Private Markets

Total net flows hit record $221 billion last quarter Flows into fixed-income and private funds boosted performance BlackRock Inc. pulled in a record $221 billion of total client cash last quarter, pushing the world’s largest money manager to an all-time high of $11.5...

Jerry Jones Sees ‘Huge Growth Left’ as Private Equity Enters NFL

by Bloomberg.com | Oct 8, 2024 | Markets, Private Markets

Dallas Cowboys owner says deal interest shows league strength Billionaire touts 2026 IndyCar race in Texas with Roger Penske Dallas Cowboys owner Jerry Jones predicted major growth in the value of National Football League franchises as teams begin selling stakes to...