Private markets M&A continues to gather pace as asset management mega-platforms attempt to meet all their investors’ needs.
Ardian executive-president Mark Benedetti
predicted that private markets assets under management could increase to as much as $25 trillion by 2030, up from around $14 trillion todayat the World Economic Forum in Davos earlier this year.
The trend towards private markets consolidation is likely to impact the alternatives industry, with a relatively small number of mega-platforms managing the bulk of the money.
This edition of the Private Markets 2030 series explores the impact of this consolidation trend.
Author summary: Private markets consolidation is on the rise.