Great analysis here 👇 from Michael Sidgmore as to how technology is going to help transform #privatemarkets by further integrating into Wealth Portfolios. Proud that 73 Strings is at the forefront of this transformation!
Co-Founder & Partner, Broadhaven Ventures at Broadhaven Capital Partners and Founder, Alt Goes Mainstream
Is 2024 shaping up to be a new chapter for private markets? Read my latest weekly column in Citywire to learn why I believe 2024 will be the year that alternatives begin to be viewed as "traditional," In large part due to the continued evolution of alts market infrastructure innovation and the merging of traditional private market firms and progressive technology solutions. I cover how the industry's largest firms, like BlackRock and Blackstone, amongst many others, have figured out how to bring together the best of "fin" and "tech" to use their size and scale to build (BlackRock's Aladdin®), invest (BlackRock & Blackstone's investments in iCapital, 73 Strings, LemonEdge, Canoe Intelligence & others), or acquire (BlackRock's acquisitions of eFront & Global Infrastructure Partners (GIP)) that connect the dots between AUM and technology - and everything in between. https://lnkd.in/eWZf7u3n