Private markets headed for public-like transformation, says JP Morgan AM's Gatch
The allocation gap between institutional and retail investors in private markets will persist despite expected growth in individual participation, says JP Morgan Asset Management's global CEO, who predicts increased transparency in alternatives while warning of supply constraints in private credit.
Private markets will increasingly resemble public markets in terms of transparency and fees over the next decade, according to George Gatch, global CEO of JP Morgan Asset Management.
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