What's New In a wide-ranging episode of Alt Goes Mainstream , David Nowak, President of Brookfield's Private Equity Group, unpacks how one of the world's largest asset managers has built a private equity business defined not by financial engineering but by operational grit, collective humility, and a relentless owner-operator mindset. The conversation arrives at a pivotal moment for the industry: as rate normalization exposes the limits of leverage-driven returns, Brookfield'

KKR Co-CEO Scott Nuttall used his closing keynote at Bloomberg Invest 2026 to argue that the alternative asset management industry is entering a structural bifurcation he calls a "K-shaped industry," where firms with through-cycle discipline, global diversification, and linear deployment records will continue to compound, while those that overdeployed in 2021 face LP attrition, consolidation, and apology fund cycles.

Brookfield Asset Management CEO Connor Teskey and Invesco President and CEO Andrew Schlossberg sat down together at Bloomberg Invest 2026 to argue a deceptively simple thesis: bringing private markets to individual investors does not require changing what you invest in or how you invest it.

Private equity is reinventing itself, and the operators will outlast the noise.

What's New Bruce Richards, Founder and CEO of Marathon Asset Management, delivered the most pointed credit call at Bloomberg Invest 2026 , drawing a detailed parallel between the energy sector default cycle of 2016 to 2018 and what he believes is the coming default wave in direct lending to highly leveraged software companies. Richards argues that AI-driven pricing disruption, combined with eight to ten times leverage ratios and near-zero free cash flow after debt service, m

Private credit's retail stress is a confidence problem today and a credit risk if it lingers.

Temasek Holdings CEO Dilhan Pillay Sandrasegara made a deliberate and somewhat contrarian call at Bloomberg Invest 2026: in a world of compounding geopolitical shocks, AI disruption, and credit market stress, liquidity itself has become a source of premium return.

Erik Serrano Berntsen, CEO of Stable Asset Management, sat down with Alt Goes Mainstream to detail how the GP stakes model has evolved from a niche alignment tool into a core infrastructure layer for alternative asset management. Stable, which has built over 40 firms and manages roughly $5B since its founding in 2006, now writes checks of $100M to $300M to seed and accelerate GPs across private credit, private equity, and specialty strategies.

Luke Flemmer, Head of Private Assets at MSCI, sat down with Alt Goes Mainstream to lay out how data harmonization is quietly becoming the defining infrastructure challenge of private markets. Drawing on a career that spans robotics, fixed income trading floors, and Goldman Sachs Asset Management, Flemmer argues that private markets are undergoing the same standardization-driven transformation that reshaped equities, fixed income, and FX over the past two decades, and that MSC

Manulife Global Head of Private Markets Anne Valentine Andrews, Goldman Sachs Global Co-Head of Private Credit Vivek Bantwal, and Blackstone Global Head of Private Credit Strategies Brad Marshall convened at Bloomberg Invest 2026 for the most direct conversation available about what is actually happening with BDC redemptions, retail private credit flows, and the structural questions the current volatility has surfaced. Marshall disclosed that Blackstone's B-Cred vehicle exper

What's New Ares Management Co-Founder and CEO Michael Arougheti opened his Bloomberg Invest 2026 appearance  with genuine equanimity about everything happening in the market right now. AI disruption, software stress, geopolitical conflict, potential inflation resurgence, none of it has materially changed Ares's operating assumptions. His argument is not complacency. It is a structural claim: private markets managers who think in five to fifteen year increments are operating o

With most of their share prices down more than 20% year-to-date, the world's largest alternative asset managers are making their boldest moves yet. PitchBook's Q4 2025 US Public PE and GP Deal Roundup reveals that Blackstone, KKR, Apollo, Carlyle, Ares, TPG, and Blue Owl closed 2025 on their strongest deployment quarter of the year while aggressively expanding into insurance, retail wealth, and digital infrastructure.

Morningstar's The Many Problems of Incentive Fees in Semiliquid Funds reveals that two-thirds of unlisted business development companies omit incentive fees from their prospectuses entirely, exploiting regulatory gray areas to appear cheaper than they are while collecting those same fees with near certainty.

Gen II's CAMMI 05 (Core Alternative Managers' Mood Index) reveals that technology has overtaken talent as the single biggest internal challenge facing private market fund managers, with 27% of respondents citing systems, data quality and reporting speed as their primary pain point. The Q4 2025 survey returned an overall score of 56.56, signaling continued optimism that investor allocations will grow over the next 12 months across UK and European markets.

State Street Investment Management President & CEO Yie-Hsin Hung and Apollo Asset Management Co-President John Zito took the Bloomberg Invest 2026 stage to make the case that bringing private credit to retail investors is not a product gimmick but a structural inevitability.

Apollo Global Management CEO Marc Rowan used his Bloomberg Invest appearance to deliver a blunt message: the $1.8 trillion private credit industry is entering a prolonged shakeout driven by software sector defaults, BDC redemptions, and a string of high profile blowups. Apollo's own shares have fallen 30% year to date as investor anxiety intensifies over whether the industry's rapid growth outpaced its underwriting discipline.

What's New Long Angle's 2026 High Net Worth Asset Allocation Report reveals that 94% of high net worth investors now allocate to private and alternative assets, effectively eliminating the distinction between "core" and "alternative" holdings. The fifth annual benchmark study, surveying 233 investors with an average net worth of $17.3M, finds that private markets command 28% of total net worth and 31% of investable portfolios (excluding home equity). Private company equity al

Bain & Company's Global Private Equity Report 2026 reveals that private equity posted its second best year ever in 2025, with buyout deal value surging 44% to $904 billion and exit value jumping 47% to $717 billion. But the recovery was decidedly narrow.

Oliver Gottschalg, HEC Paris professor and founder of Gottschalg Analytics, made a striking case on Fund Shack that machine learning models he has been building for eight years can materially outperform human decision making in private equity fund selection and secondaries pricing.