Monthly Alts Pulse, Ep. 4: Taking the pulse of private markets with Lawrence Calcano, Chairman & CEO of iCapital

Welcome to the 4th 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 Chairman & 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. How the evolution of wealth management is coinciding with the growth of alts. How the rise of the “super RIA / aggregator” can help accelerate the adoption of alts. How improving equity markets could shorten fundraising cycles for funds. How the needs of the wealth manager has evolved as wealth management platforms have evolved. Why the need for high-quality — and uniform — infrastructure and end-to-end automation is so critical to enable wealth advisors to properly participate in private markets. How iCapital is endeavoring to build the operating system for private markets through automation. Where infrastructure innovation in private markets goes from here.  How and why alts will become a core part of an investors’ portfolio. How the evolution of various market structures — equities, fixed income, and products like ETFs and mutual funds — provides lessons learned for the evolution of alts market structure. Thanks Lawrence for a great episode … looking forward to next month’s conversation!