Lets get straight into the burning issues. With me is kelsey butler, adam tim gunn, and chenal bass lake. A number of big Asset Managers have been getting into an expanding in private markets. What is it doing . Kelsey the firm is definitely growing its footprint into private credit. For one, they have appointed their cfo, Meg Mcclellan into a newly formed role of how to private bets. They are also doing hiring and potentially more acquisitions o grow their assets. Lisa what is the goal here . Why is this happening now . Kelsey it is part of a push from investors. Investors want someone who is specialized in these unique asset classes. Especially when you are talking about alternatives and there are some intricacies along the way. Lisa although, how much is this coming from investor demand, how much from the fact that fees are higher in the alternative space . Kelsey that is definitely a driver as well as these have kind of compressed along the board. Banks are making the smart decisio
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