Blackstone pulled in nearly $10 billion while Cliffwater snagged $7 billion for semi-liquid alts products as advisors flock to credit, infrastructure and private equity strategies. Another driver for the healthy first half of 2024 is simply the market’s maturation, with the largest managers investing in their advisor distribution capabilities in recent years, said Neil Bathon, managing partner at FUSE Research Network.
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Article published on July 31, 2024