Private markets M&A is gaining momentum as asset management mega-platforms strive to meet all their investors' needs.
Ardian executive-president Mark Benedetti predicted that private markets assets under management could reach $25 trillion by 2030, up from $14 trillion today, at the World Economic Forum in Davos.
Private markets assets under management could increase to as much as $25 trillion by 2030.
This consolidation trend is likely to impact the alternatives industry, with the bulk of the money ending up in the hands of a few mega-platforms.
In the Private Markets 2030 series, we explore the effects of this consolidation trend on the industry.
Author's summary: Asset management mega-platforms are on the rise.