Below we show a list of leading Private Markets managers – note, this does not reflect the funds available for investment through Wealth Club.
Important: The information on this website is for experienced investors. It is not a personal recommendation to invest. If you’re unsure, please seek advice. Investments are for the long term. They are high risk and illiquid and can fall as well as rise in value: you could lose all the money you invest.
Private Markets managers at a glance
Below we list some of the leading private markets managers.
Global alternative investment manager that primarily invests in control equity and related debt instruments, convertible securities, and distressed debt investments. As at June 2024:
- AUM: $696 billion across private credit, private equity and real assets strategies
- Investment team: nearly 3,000 employees
- Asset classes: private credit, private equity and real assets
Founded in 1985, New York-based Blackstone is the world's largest alternative asset manager, with investment businesses spanning private equity, real estate, credit and hedge funds. As at March 2024:
- AUM: $1.1tn
- Investment team: 4,500 employees worldwide
- Asset classes: private equity, private debt, real estate, infrastructure, natural resources, hedge funds
Global alternative fund manager located in Canada; owners and operators of infrastructure assets globally across the utilities, transport, energy, communications infrastructure and sustainable resources sectors. As at December 2023:
- AUM: $916 billion ($276 billion in real estate and $191 billion in infrastructure)
- Investment team: 460 investment professionals
- Asset classes: real estate, infrastructure
Global investment organisation based in Sweden and operating across different strategies: mainly private equity (European and US companies across healthcare, technology, services and industrial technology), real estate and infrastructure. As at June 2024:
- AUM: €246 billion
- Investment team: 770 investment professionals
- Asset classes: private equity, real estate, infrastructure
Global private market investment management business based in Pennsylvania, founded in 1991, originally to provide private markets solutions to large public pension plans. As at June 2024:
- AUM: $940.3 billion
- Investment team: 690 investment professionals
- Asset classes: private equity, private credit, real estate, infrastructure, natural resources, growth equity and venture capital.
European private equity firm, focused exclusively on mission-critical B2B software companies in Europe and America. As at December 2023:
- AUM: $70 billion
- Investment team: 250 investment professionals
- Asset classes: private equity
Founded in 1976, KKR is one of the world's oldest private equity investors, often credited with popularising the leveraged buyout as an investing strategy. As at December 2023:
- AUM: $553 billion
- Investment team: More than 750 investment professionals
- Asset classes: private equity, infrastructure, real estate, capital markets
Headquartered in Los Angeles, California, independent investment management firm focusing exclusively on alternative and inefficient investment markets. As at March 2024:
- AUM: $192 billion
- Investment team: 400 investment, sourcing and trading professionals
- Asset classes: private credit
Private markets division of UK-headquartered Schroders. investing across private debt and credit alternatives, real estate, private equity, and infrastructure. As at June 2024:
- AUM: $97 billion
- Investment team: 400 investment professionals
- Asset classes: private equity, private credit, real estate and infrastructure
A growing market
Private markets have experienced "explosive growth" over the past decade, outpacing public markets. In 2014, the private capital industry had $3.8 trillion under management. The most recent data indicates that figure has risen $13.1 trillion (June 2023). And the trend is widely expected to continue.
Meanwhile, when looking at private markets managers, the big players are getting bigger. In 2023, the top 25 private markets fund managers amassed 41% of all funds raised, the most since 2008, McKinsey reports.