Alt Goes Mainstream: The Latest on Alternative Investments, WealthTech, & Private Markets

Welcome to the 2nd episode of a collaboration between iCapital x Alt Goes Mainstream.

Here’s the latest episode of the Monthly Alts Pulse, a live conversation in studio with Lawrence Calcano, the CEO of iCapital, who as the leader of a platform that is responsible for the majority of individual and advisor-led investment flows into the alts space, has his finger on the pulse of what’s happening in private markets.

On this episode, Lawrence and I had a fun and lively discussion. We covered:
  • What iCapital is seeing in the market now.
  • How allocators are balancing strategies that make sense right now versus strategies, like venture, that may pay off in the future.
  • How the alts space has evolved over the past 10 years.
  • How the change in wealth management market structure and the rise of the breakaway broker has driven alts innovation forward.
  • Some of the biggest challenges that iCapital has encountered over the past 10 years of growth.
  • How Lawrence & iCapital have built a platform to serve different clients on the GP and LP sides.
  • How iCapital took inspiration from prior market structure evolutions and innovations, like ETFs and mutual funds.
  • What companies did iCapital look to for inspiration?
  • The importance of UI/UX in B2B financial services — and how does this change with Millennials and Gen Z’s becoming customers or users?
  • Building the desktop real estate for alts.
  • What does a quote from a Dirty Harry movie have to do with the growth of iCapital?

What is Alt Goes Mainstream: The Latest on Alternative Investments, WealthTech, & Private Markets?

Alt Goes Mainstream podcast is the place to turn to for interviews with some of the brightest and most experienced minds in the world at the intersection private markets and wealth management. AGM dives into investment strategies like private equity (PE), private credit, venture capital (VC), secondaries, GP stakes, infrastructure, real estate, wealth management, and comprehensively covers tools and frameworks for approaching private markets, such as asset allocation, evergreen funds, model portfolios, and more. For anyone looking to invest into private markets (from experienced wealth managers to family offices to the individual investor looking for a more diversified investment portfolio), you’ll hear inside stories from executives and founders at some of the world’s largest financial institutions, alternative asset managers firms, and wealth management firms. More than a personal finance podcast, Alt Goes Mainstream dives deep into trends, investment strategies, firm building lessons, and innovative technologies that are enabling investors to access private markets.