Alt Goes Mainstream’s Post

Earlier this week, Vista Equity Partners, the $100B AUM enterprise software-focused alternative asset manager, announced that it was shuttering its hedge fund. Why does that matter? Vista’s move to focus on its private market strategies instead of its public markets-focused hedge fund illustrates a much bigger trend at play: the attractiveness of private markets, and in particular, the middle-market. This week's Alt Goes Mainstream AGM Weekly explores the merits of the middle-market. The middle is far from middling. Read on to see why Alt Goes Mainstream thinks its a promising vista for middle-market private equity, with data and charts from Hamilton Lane, iCapital, J.P. Morgan Asset Management, PineBridge Investments, Preqin👇 This week's AGM Weekly, brought to you by Intapp (Intapp DealCloud ), covers: 🗂️ AGM Index, an index that tracks the leading publicly traded alternative asset managers. 🗞️ AGM News of the Week, this week covering: 📌 Preqin's William Bennett-Lynch on Stonepeak beating their fundraising target for their latest $3.15B infrastructure fund. 📌 Citywire's Ian Wenik on Creative Planning pursuing a capital raise of up to $4B, where existing backer General Atlantic will likely sell a minority of their current holding. 📌 Financial Times' Emma Dunkley on Hargreaves Lansdown's £5.4B takeover by CVC, Nordic Capital, & Abu Dhabi Investment Authority (ADIA). 💻 Who is hiring: Senior-level positions from companies Blackstone, Apollo Global Management, Inc., iCapital, Hamilton Lane, Blue Owl Capital, 73 Strings, bunch, NewEdge Wealth, Goldman Sachs Asset Management. Subscribe👇 to see the latest trends & navigate this rapidly changing landscape as alts go mainstream. https://lnkd.in/eKWuubzp