Alternative investments have seen rapid growth in recent years, as investors seek higher returns beyond traditional assets. The biggest players in alternative investing are private equity firms and hedge funds managing hundreds of billions in assets. Firms like Blackstone, Goldman Sachs’ Petershill Partners, and Bridgepoint are among the largest alternative investors globally.
Blackstone is the world’s largest alternative asset manager with $640 billion in assets
Blackstone is widely considered the world’s largest alternative investment firm. As a leading private equity firm and real estate investor, Blackstone had $640 billion in assets under management as of September 2022. Key strengths of Blackstone include its strong track record over decades, innovative products and investment approaches, and influence through its vast capital network globally.
Goldman’s Petershill Partners is set to be the largest listed alt firm in London with $5 billion valuation
Goldman Sachs is tapping into the growth of alternative investments through Petershill Partners, its private equity investment vehicle focused on acquiring minority stakes in leading private capital managers. Petershill is set for an IPO in London in 2022 at a valuation of over $5 billion, which would make it the largest listed alternative firm on the London Stock Exchange.
UK private equity firm Bridgepoint’s shares rose 43% since IPO as investors pour into alts
UK-based private equity firm Bridgepoint has been one of the top-performing new listings in Europe amid high investor demand for alternative investment assets. Since its July 2022 IPO, Bridgepoint’s share price on the London Stock Exchange has risen 43% from its debut price. As investors increasingly allocate funds into private capital strategies, leading alternative investment managers are benefiting.
Driven by Blackstone, Petershill and other private capital giants entering the public markets, alternative investments are seeing surging interest. With their steady fee income streams, alternative managers offer an attractive way for investors to gain diversified exposure to the high growth in private markets.