Monthly Alts Pulse, Ep. 3: Taking the pulse of private markets with Lawrence Calcano, Chairman & CEO of iCapital
Welcome to the 3rd episode of a collaboration between iCapital x Alt Goes Mainstream.
Here’s the latest episode of the Monthly Alts Pulse, a live conversation in studio with Lawrence Calcano, the CEO of iCapital, who as the leader of a platform that is responsible for the majority of individual and advisor-led investment flows into the alts space, has his finger on the pulse of what’s happening in private markets.
On this episode, Lawrence and I had a fun and lively discussion. We covered:
- What iCapital is seeing in the market now.
- The importance of developing long-term partnerships in business and life.
- Why there’s a need for advisors to understand how alts fit into overall client portfolios and innovations needed with technology and analytics through innovations like iCapital Architect.
- The path to including alts in model portfolios.
- Why alts are still sold, not bought — and how iCapital’s Marketplace may change that dynamic.
- How GPs needed to be educated on why and how working with the wealth channel made sense for their business.
- How the market has evolved to where many GPs are focused on working with the wealth channel.
- How things go slow and then they go fast, particularly in asset management.