Beyond Public Stocks: Unlocking Private Market Growth Secrets
Join Wealthion host Eric Chemi as he discusses the intriguing world of private markets with Bob Long, CEO of Stepstone Private Wealth. Discover why individual investors should turn their attention to private equity for premium returns, diversification, and access to growth. From the shrinking public equity universe to the innovative evergreen funds, learn how technology and new strategies are reshaping the way we invest in the private sector. Chemi and Long will also dive into the mechanisms of secondary markets, the critical evaluation of evergreen funds, and the reliability of private asset valuations. Uncover the changes in investor access over the past decade and how technology has transformed private market investments. SCHEDULE YOUR FREE PORTFOLIO REVIEW with Wealthion's endorsed financial advisors at https://www.wealthion.com. Timestamps: 01:37 - Shrinking Public Equity Universe 02:15 - Private vs. Public Market Dynamics 05:20 - Accessing Private Markets for Ultra High Net Worth Individuals 07:18 - Drawdown Funds vs. Evergreen Funds 10:05 - Impact of Interest Rates on Private Equity 13:31 - Evergreen Funds: A Gateway for Individual Investors 16:15 - The Role of Defined Contribution Alternatives Association 18:24 - Understanding Evergreen Funds 22:42 - Trusting Private Company Valuations 27:39 - The Shift from Public to Private Investing 32:27 - Evaluating and Comparing Evergreen Funds 36:13 - Closing Thoughts