Investing with an Evergreen Lens Series with iCapital and Vista Equity Partners, KKR, Hamilton Lane: Ep. 2 - KKR's Doug Krupa
Everyone is talking about evergreens.
Alt Goes Mainstream has collaborated with iCapital and Co-Founder & Managing Partner, Head of Portfolio Management Nick Veronis to dive into the evergreen question with some of the leading practitioners in private markets.
This three part series with industry experts from Vista Equity Partners, KKR, and Hamilton Lane shines a light on one of the fastest-growing areas in private markets and its impact on the wealth channel.
The three part series features:
- Vista Equity Partners Managing Director, Global Head of Private Wealth Solutions Dan Parant.
- KKR Managing Director, Head of Americas, Global Wealth Solutions (GWS) Doug Krupa.
- Hamilton Lane Managing Director, Co-Head US Private Wealth Solutions Stephanie Davis.
Please enjoy the second episode of the series as Nick and I talk with KKR's Doug Krupa.
Show Notes
00:23 Doug's Background in Private Markets
Show Notes
00:23 Doug's Background in Private Markets
01:18 Early Career as a Financial Advisor
01:55 Understanding Overfunded Pensions
02:47 Focus on Making Private Markets Accessible
03:12 Building Innovative Solutions at KKR
03:25 Evolution of Wealth and Asset Management
03:55 Challenges in Private Markets
05:05 Partnering with KKR
05:55 KKR's Commitment to the Wealth Channel
06:04 Innovations in Fund Structures
06:59 The Conglomerate Model
07:15 KKR's Approach to Wealth Channel
07:46 Expanding Access to Private Markets
08:34 Delivering the Same Investment Experience
09:36 Maslow's Hierarchy of Needs for Wealth Channel
09:59 Legislation and Access to Private Markets
12:56 Evergreen Structures vs. Conglomerate Model
17:37 Investor Behavior in Evergreen Structures
18:12 Adoption of Evergreen Strategies
21:24 Educating the Industry on Evergreen
22:55 The Shift from Public to Private Markets
24:00 KKR's Educational Initiatives
26:06 Rebranding Alternatives as Private Markets
28:53 Partnerships and Hybrid Solutions
29:04 Market Structure Evolutions
31:11 Future of Private Markets
32:32 Dominant Players in Private Markets
34:18 Rapid Adoption of Evergreen Strategies
34:59 Disruption in the Industry
35:18 Final Thoughts on Private Markets
38:58 Closing Remarks
39:06 Disclaimer and Legal Information
40:55 Copyright Information