Public-Private Convergence https://pitchbook.com/tag/public-private-convergence Public-Private Convergence en-US Wed, 03 Jun 2026 22:27:49 GMT PE stocks tumble on Partners Group redemption news https://pitchbook.com/news/articles/pe-stocks-tumble-on-partners-group-redemption-news Its limit on redemptions from a $8.6B fund suggests the problems faced by evergreen credit funds are now affecting PE. Wed, 03 Jun 2026 22:27:49 GMT https://pitchbook.com/news/articles/pe-stocks-tumble-on-partners-group-redemption-news Private credit investors just read the fine print. Will PE be next? https://pitchbook.com/news/articles/private-credit-investors-just-read-the-fine-print-will-pe-be-next PE evergreen funds are a much smaller, newer piece of the market than BDCs, but they are riding the same wave and face similar challenges. Tue, 02 Jun 2026 21:32:59 GMT https://pitchbook.com/news/articles/private-credit-investors-just-read-the-fine-print-will-pe-be-next How Hightower Advisors is bringing institutional-grade investing to the mass-affluent https://pitchbook.com/news/articles/hightower-advisors-institutional-grade-investing-wealth-management An interview with Robert Picard, head of alternatives for one of the nation's biggest wealth-advisory platforms. Tue, 02 Jun 2026 19:32:51 GMT https://pitchbook.com/news/articles/hightower-advisors-institutional-grade-investing-wealth-management Wealth advisers race to serve small investors who own huge pools of capital https://pitchbook.com/news/articles/wealth-advisers-small-investors-institutional-research Navigating a growing desire for alternatives is driving demand for institutional-grade research firms to meet the needs of ultra-high net worth individuals. Fri, 22 May 2026 22:09:55 GMT https://pitchbook.com/news/articles/wealth-advisers-small-investors-institutional-research Barbarians meet their new gatekeepers: ‘wealthtech’ middlemen https://pitchbook.com/news/articles/barbarians-meet-their-new-gatekeepers-wealthtech-middlemen Operators of behind-the-scenes platforms wield outsized power to shape how individuals get access to private markets. Mon, 11 May 2026 21:43:09 GMT https://pitchbook.com/news/articles/barbarians-meet-their-new-gatekeepers-wealthtech-middlemen Pershing Square USA's first-day stock performance is an early sign of the challenges ahead https://pitchbook.com/news/articles/pershing-square-usas-first-day-stock-performance-is-an-early-sign-of-the-challenges-ahead Shares in Bill Ackman's new $5B investment vehicle dropped 18.2%, highlighting a common mismatch between the asset value of such vehicles and their market price. Wed, 29 Apr 2026 22:20:29 GMT https://pitchbook.com/news/articles/pershing-square-usas-first-day-stock-performance-is-an-early-sign-of-the-challenges-ahead Wealth management land grab drives deal boom amid private market upheaval https://pitchbook.com/news/articles/wealth-management-mergers-buyouts-private-market-alternatives Buying frenzy accelerates as financial advisory and PE firms vie for stakes in an industry undergoing rapid growth and transformation. Wed, 15 Apr 2026 21:49:28 GMT https://pitchbook.com/news/articles/wealth-management-mergers-buyouts-private-market-alternatives Outlook for alts after 401(k) proposal: Hazy, with chance of more lawsuits https://pitchbook.com/news/articles/401k-labor-erisa-litigation-private-markets It could take several years for big employer-sponsored retirement plans to adopt private assets despite the big push for alternative managers. Tue, 07 Apr 2026 19:34:14 GMT https://pitchbook.com/news/articles/401k-labor-erisa-litigation-private-markets Wave of private debt cash-outs highlights role of wealth advisers handling alt investments https://pitchbook.com/news/articles/private-debt-liquidity-education-wealth-advisers Exodus by retail investors puts focus on fiduciaries’ skill navigating illiquid, opaque markets for their clients. Fri, 27 Mar 2026 23:10:08 GMT https://pitchbook.com/news/articles/private-debt-liquidity-education-wealth-advisers IPOs vs. private: A 'magnificent few' stocks may hold the keys https://pitchbook.com/news/articles/ipo-private-market-venture-capital-spacex PitchBook analyst Emily Zheng explains how a top-heavy structure could shape public investors' access to hard-to-trade securities. Thu, 19 Mar 2026 15:39:55 GMT https://pitchbook.com/news/articles/ipo-private-market-venture-capital-spacex To gate, or not to gate? https://pitchbook.com/news/articles/to-gate-or-not-to-gate The liquidity crunch in the BDC market has stirred a debate about how managers should handle an increased level of redemption requests Fri, 13 Mar 2026 23:26:03 GMT https://pitchbook.com/news/articles/to-gate-or-not-to-gate Private credit's liquidity squeeze puts lenders in a tight spot https://pitchbook.com/news/articles/private-credit-retail-redemptions-liquidity-stress-test Blackstone, BlackRock and Blue Owl deal with rising redemption requests in markedly different ways as the asset class reaches a crossroads. Tue, 10 Mar 2026 18:43:34 GMT https://pitchbook.com/news/articles/private-credit-retail-redemptions-liquidity-stress-test Hedge fund offers to buy out some OBDC II investors at a 35% NAV discount https://pitchbook.com/news/articles/hedge-fund-offers-to-buy-out-some-obdc-ii-investors-at-a-35-nav-discount Blue Owl said OBDC II's board was reviewing the offer, and noted that investors in the fund are already expected to receive payments totaling 50% or more of the fund’s net assets in 2026. Tue, 10 Mar 2026 17:26:57 GMT https://pitchbook.com/news/articles/hedge-fund-offers-to-buy-out-some-obdc-ii-investors-at-a-35-nav-discount Cliffwater in market with $1B private credit secondary sale https://pitchbook.com/news/articles/cliffwater-in-market-with-1b-private-credit-secondary-sale The emergence of GP-led deals used to manage portfolios in non-traded BDCs and evergreen funds constitutes a relatively novel type of secondary transaction for the asset class. Tue, 10 Mar 2026 13:35:23 GMT https://pitchbook.com/news/articles/cliffwater-in-market-with-1b-private-credit-secondary-sale Investors aren't impressed: Robinhood's publicly traded VC fund down 15.8% in NYSE debut https://pitchbook.com/news/articles/investors-arent-impressed-robinhoods-publicly-traded-vc-fund-down-15-8-in-nyse-debut It's even trading at a discount to its net asset value. Fri, 06 Mar 2026 23:34:28 GMT https://pitchbook.com/news/articles/investors-arent-impressed-robinhoods-publicly-traded-vc-fund-down-15-8-in-nyse-debut About a third of European GPs plan to retreat from retail distribution—survey https://pitchbook.com/news/articles/about-a-third-of-european-gps-plan-to-retreat-from-retail-distribution-survey The model might be more complex or resource-heavy to operate than expected. Tue, 03 Mar 2026 13:52:03 GMT https://pitchbook.com/news/articles/about-a-third-of-european-gps-plan-to-retreat-from-retail-distribution-survey The private credit manager in the center of the market maelstrom https://pitchbook.com/news/articles/blue-owl-private-credit-individual-investors-bdc Blue Owl's oversight of some of its private credit funds has drawn scrutiny of the asset class—and highlighted concerns for individual investors. Thu, 26 Feb 2026 21:49:27 GMT https://pitchbook.com/news/articles/blue-owl-private-credit-individual-investors-bdc The problem isn't democratizing private markets. It's confusing access with liquidity https://pitchbook.com/news/articles/the-problem-isnt-democratizing-private-markets-its-confusing-access-with-liquidity Retail investors should have access to private markets, but the path to entry matters. Wed, 25 Feb 2026 01:45:27 GMT https://pitchbook.com/news/articles/the-problem-isnt-democratizing-private-markets-its-confusing-access-with-liquidity