The Future of Alternatives
What will the alternative assets industry look like in 2023? In this special report, we turn our attention to the future of the private capital and hedge fund industries.
Using our exclusive investor and fund manager survey results, and with the help of a comprehensive roster of industry experts, we reveal our predictions for private equity, hedge funds, private debt, real estate, infrastructure and natural resources. We also shed light on key trends impacting investors, fund managers and other industry professionals such as ESG, diversity, emerging markets and technology including AI.
Our top five predictions for alternative assets in the next five years are:
1. The industry will reach $14tn in AUM
2. Private equity AUM will outstrip hedge fund AUM
3. Private debt AUM will double in size
4. There will be more than 34,000 alternatives fund managers, up from 28,000 today
5. Emerging markets will become ever more important, both as a source of capital and investment opportunities