Financial Markets and Funds Partner Michael Didiuk spoke with Chief Investment Officer about how asset managers are increasingly looking to tap retail capital as fundraising for alternative investments has declined, and what this shift means for institutional limited partners.

Mike noted, "Asset managers need to find new ways to broaden their investor base, and tapping into the large pool of capital from retail base is an attractive option, particularly given that expanding retail access to the alternative investments is top-of-mind under the current administration."

He added, "Asset managers that have traditionally only serviced institutional investors or [high-net-worth] investors through private vehicles or separate accounts will need to evaluate their existing capabilities and identify areas that need to be outsourced or built in-house — [such as] distribution, education, legal capabilities, marketing — in order to efficiently and effectively tap this new pool of capital."

"What the Push for Alts in Retail Channels Means for Institutional Investors," Chief Investment Officer, March 2, 2026