More than 90 percent of survey respondents currently allocate client capital to private markets, with essentially all of them (99 percent) planning to allocate some portion of client portfolios to the asset class this year, according to a recent independent survey conducted by leading global private markets investment management firm Hamilton Lane.
Uptake continues
With more than half of advisers (52 percent) reporting that they plan to allocate 10 percent or more of clients' portfolios to private markets, the survey affirmed the broader industry trend of strong, growing interest in the private markets among noninstitutional investors. Seventy percent of advisers plan to increase clients' allocation to the asset class compared to 2023.
Advisers cited performance and diversification as the top reasons for the spike in interest in the private markets.
Knowledge gap
In terms of their own knowledge of the private marke
