The early-money edge in evergreen secondaries
The first investors into an evergreen secondary fund capture a discount lift that dilutes quickly as assets grow.
August 22
The Advisers & Allocators Desk 0 stories this week · 9 total
Stretched equity valuations push advisors to semiliquid funds
Wealth managers are leaning on expensive stocks to pitch semiliquid funds.
CAIS: Advisers have moved from access to convergence
New manager strategies back CAIS's claim of a single public-private workflow.
Interval fund performance tracker puts BlueBay credit fund on top
Interval Fund Tracker's first broad ranking shows BlueBay Destra leading, with private equity and reinsurance funds behind.
Private markets are now a portfolio-design problem
Nuveen's Brian Griggs on why the funding decision sets the standard for the rest of the allocation.
Advisor demand for alternatives shifts to delivery
Advisor appetite for alternatives keeps growing; the next bottleneck is delivery.
Interval funds drive Cerulli's $2 trillion advisor private-markets forecast
The forecast puts the semi-liquid fund at the center of advisor allocations, even as the vehicle absorbs repricing pressure.
Alternatives adoption intent nearly triples as scale becomes the bottleneck
The 2026 iCapital survey of 870 advisers finds allocation plans climbing as economic optimism falls. The bottleneck has moved from product access to operational delivery.
Cerulli projects $2 trillion rise in advisor private-capital books
A demand forecast centered on interval funds, even as NAV declines test the pitch.