iCapital reposted this
Co-Founder & Partner, Broadhaven Ventures at Broadhaven Capital Partners and Founder, Alt Goes Mainstream
Fees. It's top of mind in private markets. How can the industry's cost structure be changed? Hear from iCapital Chairman & CEO Lawrence Calcano on how to lower fees across the entire value chain on Alt Goes Mainstream. https://lnkd.in/eX7njq8b
Innovation can come from a variety of approaches, including looking at where to allocate costs and fees … investors should pay for a service and access to a product but equally other beneficiaries of a strategy could contribute to the income pool.
Although the closer we get to a net zero fee, alpha becomes scarce.
It all boils down to … everything.