Daphne

Today, Apollo launched its Apollo S3 Private Markets Fund (“ASPM US”) and Apollo S3 Private Markets Lux (“ASPM Lux”) products, which seeks to offer investors turnkey solutions to access diversified portfolios of multi-asset secondary investments across private markets. These funds offer a differentiated approach to secondaries through a flexible mandate to invest across the capital stack, execute a variety of transaction types and aim to offer diversification across vintages and managers. As investors look to supplement public markets holdings and diversify their overall portfolios, we believe that Apollo’s Global Wealth platform provides solutions that prioritize the needs of the end investor globally. https://lnkd.in/d7N7QciK

The countdown continues… 4 DAYS until the MMI Annual Conference and we are so excited! We cannot wait to be together to network, share ideas, and engage in thought-provoking sessions. https://bit.ly/4cVcOkF #MMIAnnualConference #InvestmentManagement #AssetManagement #WealthManagement  

The $22 trillion opportunity no one is talking about: infrastructure for alternative assets. 💥 Alternatives are booming.💥 Private markets are booming. But the biggest opportunity isn't to invest in them... It's to build the tech platforms and infrastructure to SCALE them. 𝗛𝗲𝗿𝗲’𝘀 𝘄𝗵𝘆: In the last 25 years, alternative assets exploded from $1 trillion to $22 trillion. This growth happened despite outdated systems—slow settlements, paper-based processes, and poor data. Now digital transformation is underway. That's why VC’s at OMERS Ventures and F-Prime Capital are so bullish on alternative asset infrastructure. Laura Lenz, Ryan Zauk and Dave Wechsler just wrote a terrific piece I've linked to in the comments. David Jegen and Abdul Abdirahman wrote one last year too (also below). 𝗪𝗵𝗮𝘁 𝘁𝗵𝗲𝘆 𝘀𝗲𝗲:    🔹 𝘞𝘩𝘺 𝘵𝘩𝘦 𝘴𝘩𝘪𝘧𝘵 𝘮𝘢𝘵𝘵𝘦𝘳𝘴: Alternative assets like private equity, credit and real estate are skyrocketing in value, but the infrastructure supporting them is decades behind. Manual processes, opaque data, and limited oversight still dominate.    🔹 𝘛𝘩𝘦 𝘰𝘱𝘱𝘰𝘳𝘵𝘶𝘯𝘪𝘵𝘺:  Startups are building platforms to bring "public equity-like behavior" to alternative assets, with transparent data, open marketplaces, and faster settlement times.    🔹 𝘞𝘩𝘺 𝘯𝘰𝘸? Regulatory scrutiny is ramping up, transaction volumes are surging, and a new wave of tech-driven entrepreneurs is emerging (see the image below, courtesy of OMERS).    🔹 𝘞𝘩𝘺 𝘯𝘰𝘸? Perhaps most importantly - the biggest asset managers in the world want to bring more wealth in. Democratizing access to alts through better tech infrastructure is how they can do it. The race is on to modernize the infrastructure that powers the next $22 trillion. ~~~~ There are so many exciting startups in this space, which runs from AI thru practical applications of blockchain through cloud and data management and more. Firms like 73 Strings, obsiido, Hebbia, Baton Systems, ENTRILIA, CAIS and so many others, solving big-money problems. If you want the best weekly insights in this space, follow and subscribe to Michael Sidgmore and Alt Goes Mainstream (he has a podcast and newsletter). Patrick O'Meara is another great (and deeply innovative) leader to follow. And follow me for more insights on the future of financial infrastructure.

For nearly 35 years Apollo has been challenging assumptions, finding the white space and creating innovative solutions.   We think it through, then we Think It New. https://lnkd.in/ecMa4CgB

Digitize your diligence process with access to in-depth quantitative and qualitative insights produced by our global investment team. Learn more: https://lnkd.in/e2Z2T7_C

We invite you to experience the new IPA at #IPAVision 2024. Join us as the largest gathering of the #alternativeinvestment industry celebrates this monumental moment. From insightful keynote speakers to emerging trends and sessions, be sure you have locked in your spot to experience it all and more in Orlando! https://lnkd.in/ezxypX98