The evolution of capital creation in financial markets has been well-documented – companies are staying private longer and taking on more non-bank debt. Private markets are thriving.
Sources: Jay Ritter, University of Florida, Apollo Chief Economist
In 1999, the median age of a company when it had its IPO was
While in 2024, the median age rose to
Despite this evolution, most non-institutional investors have lacked access to private market funds due to high minimums, operational challenges and qualification hurdles. And their advisors face the further challenge of deciphering the complexities of these opaque offerings to determine an allocation and monitoring strategy.
Many asset managers have risen to the challenge of assisting investors and advisors in this space by leveraging evergreen fund structures to open access and thought leadership libraries to advance awareness.
Envestnet is transforming how financial advisors access and integrate private market investments. We have partnered with leading investment firms to launch professionally-managed model portfolios that include semi-liquid private market allocations through limited trade window (“LTW”) fund structures and alternative ETFs. Models from BlackRock, Fidelity Investments, Franklin Templeton, Envestnet PMC and State Street (coming 2026) will be available in a variety of structures.
Each manager is dedicated to ensuring advisors are educated and well-equipped to understand the quickly changing alternative investments landscape.
For most investors and advisors alike, private markets are a new frontier that can best be conquered through education. Our partners have built extensive resources to ensure advisors are educated and well-equipped to understand this quickly changing landscape.
Explore educational resources from each manager here.
Envestnet is providing this endorsement in connection with a strategic partnership we have entered into with BlackRock, SSGA, Fidelity, and the affiliated registered investment advisers of Franklin Templeton (each a “Premier Partner”). The Premier Partners will pay Envestnet compensation for this endorsement, which creates an incentive for Envestnet to recommend Premier Partners to you, resulting in a material conflict of interest for Envestnet. For more information regarding the Premier Partner compensation to Envestnet and related conflicts, please see Envestnet’s Form ADV Part 2A.
First, check with your organization and understand any requirements necessary for you to include alternative investments within client portfolios, such as approvals or certifications.
Then, to learn more about models integrating alternative investments at Envestnet, contact your Envestnet representative.