About this episode
Whether you are talking about hedge funds, private equity, private credit, or venture capital, alternative investment strategies are becoming a much larger part of the portfolios of individual investors. For many that’s being done through investment platforms targeting their registered investment advisors. Alan Strauss, senior partner at Crystal Capital Partners, joins OPM to discuss how alternative investment platforms like Crystal Capital are ushering in a new wave of adoption of alternative assets for RIAs and their clients by providing lower investment minimums, curated menus of top tier funds, and improved customization and investment “wrappers.”Are you a buyside professional looking to fast track your career? Sign up for the Fundamental Edge Analyst Academy and save 10% with coupon code OPM-10 at https://www.fundamentedge.com/opmFollow Other People’s Money on:Apple Podcast https://bit.ly/4e7QJ1MSpotify https://bit.ly/3YhaaziYouTube https://bit.ly/3C63VXRLearn more about Crystal Capital Partners: https://www.crystalfunds.comFollow Max Wiethe on Twitter: https://x.com/maxwietheTimestamps:00:00 Intro01:03 History of Fund of Funds08:47 Early Alternatives Platforms12:35 Who Invests on Alts Platforms15:16 Customized Fund of Funds19:26 Platform Fee Structures20:46 What Types of Funds Thrive on Platforms23:56 Fundamental Edge Analyst Academy25:38 Smaller Fund Managers27:01 What Gets a Fund Kicked Off Investment Platforms29:59 The Rise of Private Market Investing35:36 Newer Vintage Funds39:10 how Do New Funds Got On Platforms45:45 Sub Strategy Fund Trends49:06 Advisor Influence on Fund Menus53:07 Are Platforms Helping Smaller Fund Managers?
