Welcome back to the Alt Goes Mainstream podcast.

Today’s conversation brings us beachside, featuring a live podcast from Soho Beach House in Miami with EQT Partner, Head of Private Wealth Americas Peter Aliprantis.

With the backdrop of the beach behind us and the wealth community in the audience, Peter and I discussed the nuances of the wealth channel and how Peter’s experience working with wealth is brought to bear as he brings EQT’s brand and capabilities to the Americas wealth channel.

Peter brings a wealth of knowledge to the private wealth solutions world, garnering over 25 years of experience in the space. Prior to joining EQT, Peter spent 12 years at TPG Angelo Gordon as a Managing Director, where he focused on new business development and intermediary distribution.

Peter and I had a fascinating, lively, and thought-provoking conversation which then turned into an intellectually rich dinner discussion with the guests. Listen in — we hope you enjoy.

You can also read a recent AGM Op-Ed by Peter here.

Many of the themes that Peter discussed in our conversation, particularly around evergreen funds and why model portfolios are the next big innovation in private markets, were covered in his Op-Ed.

Clip #1: Are more allocators looking to invest in Europe and Asia?

Clip #2: How are megatrends in infrastructure changing how investors approach investing in infrastructure?

Clip #3: Being global and local.

A word from AGM podcast sponsor, Juniper Square

When was the last time things were easy for GPs?

Fundraising remains challenging, providing liquidity to investors is even harder—and broadly speaking, most GPs are underwater operationally.

It’s not about to get easier, either. Especially for managers vying for capital from the wealth channel. Sure, there’s increased demand from HNW and UNHW investors to gain private markets exposure…but managing their expectations for the investing experience is a whole different ballgame.

Reams of paper and a new KYC process every single time they subscribe to a fund? Brutal.

But what if committing capital to private equity, venture, and real estate funds was digital and seamless for investors — and scalable to manage for GPs?

Meet Juniper Square, the fund operations partner to over 2,000 private markets GPs worldwide.

Juniper Square gives GPs the connected software, data, and fund administration services needed for modern private markets. No matter how ambitious your next raise is, how many investors you manage, and how complex your investment vehicles are, Juniper Square empowers GPs to raise capital faster, reduce operational risk, and deliver a world-class investor experience.

And with JunieAI, Juniper Square's enterprise-grade AI built for private markets, GPs can truly and finally unlock the power of AI to work smarter, move faster, and focus on relationships and returns.

Scale your business, not your operational burdens and costs. Visit junipersquare.com/agm today to learn more.

Show Notes

00:04 Juniper Square: Revolutionizing Fund Management

01:38 Welcome to the Podcast

01:43 Live from Soho Beach House, Miami with EQT’s Peter Aliprantis

02:43 Navigating Current Markets

03:04 Volatility in Public Markets

04:04 Unprecedented Market Movements

05:09 Global Investment Trends

05:49 Private Markets in Europe and Asia

05:58 Investor Behavior and Global Opportunities

07:55 Private Markets Outperforming in Europe

08:05 The Wealth Channel Evolution

08:35 American Exceptionalism in Investing

08:56 EQT's Global Footprint

09:38 Mega Trends in Global Investing

10:14 Data Centers and Energy Needs

12:13 Natural Gas and Carbon Capture

12:55 Nuclear Energy and Modular Reactors

13:42 Scale in Private Markets

14:09 Evergreen Structures in Private Equity

15:11 Generating Deal Flow and Co-Investment

16:51 Evergreen Structures and Family-Owned Businesses

17:53 Opco Structures Explained

19:21 Institutional Adoption of Evergreen Structures

23:16 Customizing Wealth Channel Allocations

23:28 Model Portfolios in Private Markets

28:02 Servicing Wealth Channel Investors

30:18 Early Days in Wealth Channel Allocations

30:49 Educating Investors on Alternatives

31:27 Benefits of Evergreen Structures

31:58 Quick Fire Questions

32:15 Exciting Strategies in Private Markets

33:13 Concerns in Democratizing Alternatives

34:14 Using Private Markets in Portfolios

35:33 Next Big Innovation: Model Portfolios

35:49 Intersection of Public and Private Markets

36:24 Moving Beyond the 60/40 Portfolio

36:58 Conclusion and Farewell

Editing and post-production work for this episode was provided by The Podcast Consultant.

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