Institutional investors have historically allocated to private markets to enhance returns, generate income, and diversify portfolios. As these asset classes become increasingly accessible to private investors, the focus for Benelux wealth channels shifts beyond access to institutionalization: replicating the governance, liquidity discipline, valuation rigor, reporting transparency, and alignment standards that institutional allocators treat as non-negotiable. This article is written primarily for wealth allocators, private banks, family offices, CIOs, and distribution platforms evaluating semi-liquid private market solutions for client portfolios. It outlines a practical underwriting and governance framework designed to align investor expectations with the structural realities of private assets.
in VBA Journaal door Rachael Petronelli