Whether you are talking about hedge funds, private equity, private credit, or venture capital, alternative investment strategies are becoming a much larger part of the portfolios of individual investors. For many that’s being done through investment platforms targeting their registered investment advisors. Alan Strauss, senior partner at Crystal Capital Partners, joins OPM to discuss how alternative investment platforms like Crystal Capital are ushering in a new wave of adoption of alternative assets for RIAs and their clients by providing lower investment minimums, curated menus of top tier funds, and improved customization and investment “wrappers.”

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Learn more about Crystal Capital Partners: https://www.crystalfunds.com

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Timestamps:

00:00 Intro

01:03 History of Fund of Funds

08:47 Early Alternatives Platforms

12:35 Who Invests on Alts Platforms

15:16 Customized Fund of Funds

19:26 Platform Fee Structures

20:46 What Types of Funds Thrive on Platforms

23:56 Fundamental Edge Analyst Academy

25:38 Smaller Fund Managers

27:01 What Gets a Fund Kicked Off Investment Platforms

29:59 The Rise of Private Market Investing

35:36 Newer Vintage Funds

39:10 how Do New Funds Got On Platforms

45:45 Sub Strategy Fund Trends

49:06 Advisor Influence on Fund Menus

53:07 Are Platforms Helping Smaller Fund Managers?