Scott Graham’s Post

According to a recent Bloomberg article, major players Blackstone and BlackRock are making big moves to diversify their businesses amid market uncertainty. Blackstone recently launched a $1.3 billion retail private equity fund, eyeing individual investors with at least $5 million to allocate. Meanwhile, BlackRock is venturing further into alternatives with its $12.5 billion acquisition of Global Infrastructure Partners. These strategic pivots highlight a broader industry shift toward fee-based revenue streams over volatile performance-based earnings. With valuations rewarding predictable management fees, asset managers are catering more to high-net-worth individuals and institutions seeking stable returns. For Blackstone and BlackRock, the focus is building resilient, diversified businesses that can weather unpredictable markets. Their push into private markets and alternatives underscores the demand for consistency over outsized performance gains. As markets grow more turbulent, major players seem to be repositioning themselves for steadier, long-term growth. What other steps are asset managers taking to future-proof their businesses? How might individual investors take advantage of this shift? #AssetManagement #Blackstone #Blackrock #Alternatives #PrivateEquity For the latest insights and trends in the private wealth arena, make sure to subscribe to FINTRX's weekly newsletter below! https://lnkd.in/eWMHiUjX https://lnkd.in/e4bvHRPp

While both Blackstone and BlackRock have made significant impacts in the financial world, it's important to note that superiority can be subjective and depends on the criteria you're considering. Here's a balanced view: Blackstone is often seen as superior in the realm of private equity and alternative investments. They have a strong reputation for successfully navigating complex and high-return investments, making them a powerhouse in this space. The firm's founders, Stephen Schwarzman and Peter Peterson, are credited with steering Blackstone to become a leader in the private equity world. On the other hand, BlackRock's strength lies in its massive scale and dominance in asset management. Larry Fink and his team have built BlackRock into the world's largest investment management firm, with trillions of dollars in assets under management. Their focus on providing a wide range of investment products, including exchange-traded funds (ETFs), has contributed to their broad appeal and success. So, while Blackstone excels in private equity, BlackRock's superiority lies in its expansive reach and diverse offerings. Each firm has its own strengths and areas of expertise, making them leaders in different aspects of the financial services industry. Ultimately, superiority depends on what specific qualities or services you value most in a financial firm. #professionaldevelopment #professionalgrowth #growth #knowledgesharing #economy #finance #money #assetmanagement #assetallocation

Larger private capital fund managers have been actively targeting the private wealth segment for the past decade. But with many institutional LPs either capital-constrained or at allocation limits, managers of all sizes are stepping up efforts to court individual investors. By Grant Murgatroyd Read more, via Preqin news: https://okt.to/Rj7SU3 Bain & Company Reach Capital Blackstone Goldman Sachs #privatewealth #investors #alternativeinvestment

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In the current market, as investors only seem to have eyes for a handful of mega-caps and most of the performance is concentrated in just a few names, small caps, on the other hand, offer vast diversification opportunities. Smaller stocks enable investors to gain exposure to attractive trends via ‘pure players’ whose fundamental qualities - entrepreneurial management and nimble execution - are largely beneficial to long-term investing. Discover the interview with Caroline Gauthier, Co-Head of Equity and Benjamin Rousseau, European Equity portfolio manager - Edmond de Rothschild Asset Management. #SmallCaps #EdRConvictions

An improving outlook for deal activity for the rest of the year translated into a more positive tone from the four largest publicly traded #PrivateEquity firms during second-quarter #earnings season. Each of the alternative asset managers — Apollo Global Management Inc., Blackstone Inc., The Carlyle Group Inc. and KKR & Co. Inc. — posted sentiment scores on their latest round of earnings calls above the average of the previous four quarters, according to an S&P Global Market Intelligence analysis of language used by executives and analysts. Learn more >> https://okt.to/MrPe51

Not since the Great Recession has there been such a massive opportunity to invest in distressed assets for excellent returns, cash flow and capital protection. Major institutions (Blackstone, KKR, etc.) are raising billions for distressed investments – but they can’t legally invest in the sub-$50M range… This creates tremendous opportunity for well-capitalized groups like the Altus Opportunity Fund to invest for huge upside within the $5M-$40M range. You can immediately diversify into different geographies and asset types (debt and equity) for stable cash flow, coupled with home-run upside opportunities. Want to learn more? Click here to get instant access to the Altus Opportunity Fund Overview: https://rebrand.ly/9vau8cp

In 1996, there were over 8,000 public companies trading on US stock exchanges. Today there is less than half of that, at around 3,750. Many of the strongest investment opportunities are in private markets with private managers. Don't believe me? Even BlackRock is making moves. At the start of July, BlackRock began the $3.2 Billion Dollar acquisition of Preqin, a private capital database that collects data on over 190,000 funds, 60,000 fund managers and 30,000 private markets investors. The days of relying on the S&P 500 and traditional investments may be coming to an end. Now is the best time to consider alternative investments. What used to be scary and contrary is now the biggest opportunity in decades for investors. Pay attention

At a recent fireside chat, I discussed with Joan Solotar, Senior Managing Director, Global Head of Private Wealth Solutions at Blackstone, the rising popularity of #alternatives with individual investors and use of open-ended vehicles for the asset class. We think the rationale for investing in private markets is the same for large institutions as it is for individual investors—i.e., to seek excess returns versus public market equivalents. Through #privateequity and #privatecredit, investors can access secular themes from a broader array of companies; many of these opportunities may not be as readily available in public markets. Whilst open-ended structures are associated with and favored by private wealth investors, we are increasingly seeing our institutional investors explore this route for these asset classes. The important thing to note is that the underlying investments in both open-ended and close-ended portfolios are often the same. What changes is the format this is delivered to the clients. Investors are attracted to open-ended structures to avoid the ramp up of a J-curve and remain fully invested. The possibility of liquidity in certain scenarios is also a strong consideration here. Joan and I were speaking at the Goldman Sachs Private Wealth Management Alternative Investments Conference in Hong Kong. Thank you Lily Chan, Head of Asia Alternative Capital Markets Group, Wealth Management for moderating the panel.

🚨 BlackRock Hits Record $11.5 Trillion in AUM! 🚨 📈 In a monumental achievement, BlackRock's assets under management (AUM) surged to a record-breaking $11.5 trillion in Q3 2024! This incredible growth was driven by favorable market conditions and an unprecedented influx of $221 billion in new client inflows—the largest in the company's history! 🏆 What’s more, this massive inflow far exceeded expectations, beating analysts' predictions of $160 billion (FactSet). This milestone reflects the continued trust in BlackRock's diversified investment strategies and innovative solutions. As global markets evolve, asset managers like BlackRock play a pivotal role in shaping financial futures. #AssetManagement #BlackRock #Finance #Investment #AUM #FinancialMarkets #ClientSuccess #Innovation