Building an Alternatives Sleeve for Wealth Managers

More clients are asking about private markets, and "alternatives" now covers everything from private credit to venture. How do you build a sleeve that adds diversification without tying up client money for a decade? Kamal Hassan, Managing Partner of Loyal VC, takes wealth managers through a practical approach to building one, with a focus on where early-stage venture fits and how to size it.

• What belongs in an alternatives sleeve, and what each piece does
• How venture fits next to private equity, private credit and real assets
• Sizing and pacing: how much to allocate, and how to build it up over time
• Liquidity options, from closed-end funds to evergreen and semi-liquid structures
• Due diligence questions to ask any alternatives manager