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.
Speaking at the World Economic Forum in Davos, 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 today.
The trend towards private markets consolidation is likely to impact the alternatives industry, with the bulk of the money ending up in the hands of a relatively small number of mega-platforms.
Private markets assets under management could increase to as much as $25 trillion by 2030
In this edition of our Private Markets 2030 series, we explore the consolidation trend and its impact on the industry.
Author's summary: Consolidation in private markets is on the rise.