April 19, 2021
Interviewed by: David Snow

High Net Worth Capital and Liquidity in Alternatives

Brian Murphy of Portfolio Advisors discusses the evolving liquidity options for high net worth investors, who increasingly are seeking access to private capital strategies. Murphy describes the very illiquid early days of alternatives, the growth of wealthy individuals as LPs who need smaller “ticket sizes,” the administrative challenges of providing liquidity, and the growing popularity of feeder funds and registered vehicles.