Creating the one-stop-shops of the future
Private markets M&A continues to gather pace as asset management mega-platforms attempt to meet all their investors’ needs.
Ardian executive-president Mark Benedetti
predicted that private markets assets under management could increase to as much as $25 trillion by 2030, up from around $14 trillion todayat the World Economic Forum in Davos.
The trend towards private markets consolidation is likely to impact the alternatives industry, with a small number of mega-platforms handling the bulk of the money.
Author's summary: Consolidation in private markets.
- Private markets M&A is increasing.
- Asset management mega-platforms are expanding.
- Consolidation is expected to impact the alternatives industry.