Advisors Shift Private-Market Allocations to Hard Assets as Credit Reset Jolts $100 Billion Flows
Updated
Updated · Wealth Management · Jun 16
Advisors Shift Private-Market Allocations to Hard Assets as Credit Reset Jolts $100 Billion Flows
2 articles · Updated · Wealth Management · Jun 16
Summary
Hard assets and infrastructure drew fresh attention at Wealth Management EDGE as advisors said private-credit strains are pushing private-market allocations away from some lending strategies.
Liquidity and product structure dominated the discussion, with advisors stressing evergreen redemption terms, possible prorations and valuation scrutiny before placing clients in less-liquid vehicles.
Manager selection also moved to the forefront as firms sift through hundreds of fund options, favoring curated access, differentiated sourcing and deeper due diligence over off-the-shelf exposure.
Blackstone, Vanguard and Wellington were cited as part of a broader push toward multi-manager products that bundle public and private assets into a single allocation for wealth clients.
Technology vendors said newer platforms are streamlining subscriptions, capital-call planning and monitoring, while AI is starting to automate due diligence and advisor education as private markets mature.