In this episode of The Asset, host Scott Ramsey sits down with Mark Bonner, Managing Director at Neuberger Berman, to explore how private markets have transformed over the past decade—and where they’re headed next.

From launching evergreen and interval funds to expanding into high-net-worth and retail channels, Mark shares how his team has built a resilient, tech-forward platform that’s redefining operational excellence. With insights on valuation cadence, AI adoption, and the power of continuity, this conversation is a masterclass in scaling innovation without losing the human touch.

Whether you're navigating fund structures or future-proofing your infrastructure, this episode delivers real-time insights for long-term advantage.

Want to learn more about Neuberger Berman’s approach to innovation and risk? Visit https://www.nb.com/en/global/home for more insights into their global expertise.

Disclaimer:

MUFG Investor Services” is a service brand name for select subsidiaries of Mitsubishi UFJ Financial Group, Inc. ("MUFG"). Certain products and services discussed may only be offered by select MUFG subsidiaries and may only be available in certain jurisdictions or for specific types of clients. The information provided in this publication is for general informational purposes only and does not constitute legal, compliance, or accounting advice. Listeners should consult their own advisors before making any decisions based on the content of this publication. Any opinions, findings, conclusion, or recommendations expressed in this publication are those of the author(s) and do not necessarily reflect the view of MUFG Investor Services. The content of this publication is the property of MUFG Investor Services and is protected by copyright law. Unauthorized reproduction, distribution, or use of this publication, in whole or in part, is strictly prohibited without the prior written consent of MUFG Investor Services.

©2025 MUFG Investor Services. All rights reserved.

In this episode of The Asset, Scott Ramsey sits down with Vivek Bhatia, CEO of MUFG Pension & Market Services (MPMS), to unpack the strategic transformation reshaping retirement and corporate market services across Australia, New Zealand, India, Hong Kong, and beyond.

From the acquisition of Link Group to the launch of MPMS, Vivek shares real-time insights into how one of the world’s most sophisticated pension systems is evolving. The conversation spans global capital flows, operational innovation, and the retailization of private markets—offering a rare inside look at how institutional leaders are preparing for what’s next.

This episode is essential listening for fund managers, allocators, and anyone navigating the future of pensions and private capital.

Find more about Vivek Bhatia and MPMS at https://www.mpms.mufg.com/en/

Disclaimer:

MUFG Investor Services” is a service brand name for select subsidiaries of Mitsubishi UFJ Financial Group, Inc. ("MUFG"). Certain products and services discussed may only be offered by select MUFG subsidiaries and may only be available in certain jurisdictions or for specific types of clients. The information provided in this publication is for general informational purposes only and does not constitute legal, compliance, or accounting advice. Listeners should consult their own advisors before making any decisions based on the content of this publication. Any opinions, findings, conclusion, or recommendations expressed in this publication are those of the author(s) and do not necessarily reflect the view of MUFG Investor Services. The content of this publication is the property of MUFG Investor Services and is protected by copyright law. Unauthorized reproduction, distribution, or use of this publication, in whole or in part, is strictly prohibited without the prior written consent of MUFG Investor Services.

©2025 MUFG Investor Services. All rights reserved.

In this episode of The Asset, host Scott Ramsey welcomes Byron Carlock, a veteran of global real estate and a partner at CEO Coaching International. Byron’s career spans four decades, from Trammell Crow to PwC, and now to coaching many CEOs across asset management, private equity, and family offices.

This conversation delivers real-time insights into the state of U.S. real estate, the rise of alternative asset classes, and the leadership imperatives reshaping the industry. Byron shares what global investors are saying behind closed doors, why emotional intelligence is now a CEO’s most valuable skill, and how culture is becoming the ultimate competitive advantage in the age of AI.

If you're leading in private markets, this episode is your blueprint for resilience, relevance, and long-term advantage.

Disclaimer:

MUFG Investor Services” is a service brand name for select subsidiaries of Mitsubishi UFJ Financial Group, Inc. ("MUFG"). Certain products and services discussed may only be offered by select MUFG subsidiaries and may only be available in certain jurisdictions or for specific types of clients. The information provided in this publication is for general informational purposes only and does not constitute legal, compliance, or accounting advice. Listeners should consult their own advisors before making any decisions based on the content of this publication. Any opinions, findings, conclusion, or recommendations expressed in this publication are those of the author(s) and do not necessarily reflect the view of MUFG Investor Services. The content of this publication is the property of MUFG Investor Services and is protected by copyright law. Unauthorized reproduction, distribution, or use of this publication, in whole or in part, is strictly prohibited without the prior written consent of MUFG Investor Services.

©2025 MUFG Investor Services. All rights reserved.

In this episode of The Asset, we welcome Allan Koltin, Founder and CEO of Koltin Consulting Group, and one of the most influential voices in the accounting profession.

Allan’s journey spans four decades of transformation — from pioneering M&A deals to reshaping firm culture and strategy. He shares how the profession’s long-standing “protected shell” has been shattered by talent shortages, tech disruption, and shifting generational expectations.

Allan reveals why culture, not scale or technology, is the ultimate differentiator. He unpacks the ethical imperatives of AI, the seismic impact of private equity, and the mindset required to thrive in a rapidly evolving landscape. This is a masterclass in strategic foresight, delivered by someone who doesn’t just observe change — he drives it.

Disclaimer:

MUFG Investor Services” is a service brand name for select subsidiaries of Mitsubishi UFJ Financial Group, Inc. ("MUFG"). Certain products and services discussed may only be offered by select MUFG subsidiaries and may only be available in certain jurisdictions or for specific types of clients. The information provided in this publication is for general informational purposes only and does not constitute legal, compliance, or accounting advice. Listeners should consult their own advisors before making any decisions based on the content of this publication. Any opinions, findings, conclusion, or recommendations expressed in this publication are those of the author(s) and do not necessarily reflect the view of MUFG Investor Services. The content of this publication is the property of MUFG Investor Services and is protected by copyright law. Unauthorized reproduction, distribution, or use of this publication, in whole or in part, is strictly prohibited without the prior written consent of MUFG Investor Services.

©2025 MUFG Investor Services. All rights reserved.

In this episode of The Asset, host Scott Ramsey sits down with Barry Giarraputo, Chief Financial Officer at Neuberger Berman Private Markets, to explore how legacy brands are redefining private markets through retail innovation, technology, and a relentless focus on risk management.

Barry shares his insights on the rapid growth of alternatives, the operational shift to evergreen funds, and the challenges of serving high-net-worth retail investors through global intermediaries. Discover how Neuberger Berman is leveraging AI, empowering junior talent, and fostering a culture of service and governance to navigate market uncertainty and seize new opportunities.

Tune in for a candid conversation about leadership, values, and the future of private markets and learn why trust and adaptability are the new currency for investors and firms alike.

Want to learn more about Neuberger Berman’s approach to innovation and risk? Visit https://www.nb.com/en/global/home for more insights into their global expertise.

Disclaimer:

MUFG Investor Services” is a service brand name for select subsidiaries of Mitsubishi UFJ Financial Group, Inc. ("MUFG"). Certain products and services discussed may only be offered by select MUFG subsidiaries and may only be available in certain jurisdictions or for specific types of clients. The information provided in this publication is for general informational purposes only and does not constitute legal, compliance, or accounting advice. Listeners should consult their own advisors before making any decisions based on the content of this publication. Any opinions, findings, conclusion, or recommendations expressed in this publication are those of the author(s) and do not necessarily reflect the view of MUFG Investor Services. The content of this publication is the property of MUFG Investor Services and is protected by copyright law. Unauthorized reproduction, distribution, or use of this publication, in whole or in part, is strictly prohibited without the prior written consent of MUFG Investor Services.

©2025 MUFG Investor Services. All rights reserved.

Private markets aren’t alternative anymore - they’re essential. In Part 1 of our two-part series, Scott Ramsey sits down with Dr. Solomon Ndungu to unpack two forces reshaping the industry: the surge of retail capital and the reinvention of private credit.

Solomon dives into how wealth channels like IRAs and aggregators are driving demand for liquidity-friendly structures—evergreen funds, interval vehicles, and more. With smaller ticket sizes and rising expectations around transparency, fund administrators are being pushed to rethink data infrastructure, service models, and scale.

And when it comes to private credit, Solomon doesn’t hold back. He breaks down why insurers are flooding in, how private credit is becoming the fixed-income backbone of modern portfolios, and why traditional PE structures are being reengineered to meet today’s liquidity demands.

Subscribe, share, and stay ahead.

Disclaimer:

MUFG Investor Services” is a service brand name for select subsidiaries of Mitsubishi UFJ Financial Group, Inc. ("MUFG"). Certain products and services discussed may only be offered by select MUFG subsidiaries and may only be available in certain jurisdictions or for specific types of clients. The information provided in this publication is for general informational purposes only and does not constitute legal, compliance, or accounting advice. Listeners should consult their own advisors before making any decisions based on the content of this publication. Any opinions, findings, conclusion, or recommendations expressed in this publication are those of the author(s) and do not necessarily reflect the view of MUFG Investor Services. The content of this publication is the property of MUFG Investor Services and is protected by copyright law. Unauthorized reproduction, distribution, or use of this publication, in whole or in part, is strictly prohibited without the prior written consent of MUFG Investor Services.

©2025 MUFG Investor Services. All rights reserved.

Lorelei Graye, founder of the Private Capital Data Standards Alliance (PCDS), joins Scott Ramsey to unpack how rising pressure for transparency is reshaping private markets. From shifting regulations to real-world pension impacts, discover how PCDS is building a smarter, more adaptable future for data.

Disclaimer:

MUFG Investor Services” is a service brand name for select subsidiaries of Mitsubishi UFJ Financial Group, Inc. ("MUFG"). Certain products and services discussed may only be offered by select MUFG subsidiaries and may only be available in certain jurisdictions or for specific types of clients. The information provided in this publication is for general informational purposes only and does not constitute legal, compliance, or accounting advice. Listeners should consult their own advisors before making any decisions based on the content of this publication. Any opinions, findings, conclusion, or recommendations expressed in this publication are those of the author(s) and do not necessarily reflect the view of MUFG Investor Services. The content of this publication is the property of MUFG Investor Services and is protected by copyright law. Unauthorized reproduction, distribution, or use of this publication, in whole or in part, is strictly prohibited without the prior written consent of MUFG Investor Services.

©2025 MUFG Investor Services. All rights reserved.

Jonathan Schein, CEO and Founder of the Real Estate Limited Partner Institute (RELPI) has built a powerful network connecting investors, pension funds, family offices, and asset managers. In this episode of The Asset, host Scott Ramsey explores Jonathan’s insights on emerging fund managers, GP stake acquisitions, evolving real estate strategies — and how the post-election landscape might shape investment trends.

Disclaimer:

MUFG Investor Services” is a service brand name for select subsidiaries of Mitsubishi UFJ Financial Group, Inc. ("MUFG"). Certain products and services discussed may only be offered by select MUFG subsidiaries and may only be available in certain jurisdictions or for specific types of clients. The information provided in this publication is for general informational purposes only and does not constitute legal, compliance, or accounting advice. Listeners should consult their own advisors before making any decisions based on the content of this publication. Any opinions, findings, conclusion, or recommendations expressed in this publication are those of the author(s) and do not necessarily reflect the view of MUFG Investor Services. The content of this publication is the property of MUFG Investor Services and is protected by copyright law. Unauthorized reproduction, distribution, or use of this publication, in whole or in part, is strictly prohibited without the prior written consent of MUFG Investor Services.

©2025 MUFG Investor Services. All rights reserved.

Almaz Woldeab, Managing Director and Head of Client Service Delivery at MUFG Capital Analytics, has built a career at the intersection of strategy, leadership, and operations. In this episode of The Asset, host Scott Ramsey explores Almaz’s remarkable journey — from CPA to CFO to operations leader — her philosophy on client service, and how private market managers are adapting to today’s shifting landscape.

Disclaimer:

MUFG Investor Services” is a service brand name for select subsidiaries of Mitsubishi UFJ Financial Group, Inc. ("MUFG"). Certain products and services discussed may only be offered by select MUFG subsidiaries and may only be available in certain jurisdictions or for specific types of clients. The information provided in this publication is for general informational purposes only and does not constitute legal, compliance, or accounting advice. Listeners should consult their own advisors before making any decisions based on the content of this publication. Any opinions, findings, conclusion, or recommendations expressed in this publication are those of the author(s) and do not necessarily reflect the view of MUFG Investor Services. The content of this publication is the property of MUFG Investor Services and is protected by copyright law. Unauthorized reproduction, distribution, or use of this publication, in whole or in part, is strictly prohibited without the prior written consent of MUFG Investor Services.

Welcome to The Asset, a thought-leading audiocast from MUFG Capital Analytics. In this inaugural episode, host Scott Ramsey sets the stage for candid conversations and fresh perspectives on private markets, alternative investments, and the evolving business landscape.

Disclaimer:

MUFG Investor Services” is a service brand name for select subsidiaries of Mitsubishi UFJ Financial Group, Inc. ("MUFG"). Certain products and services discussed may only be offered by select MUFG subsidiaries and may only be available in certain jurisdictions or for specific types of clients. The information provided in this publication is for general informational purposes only and does not constitute legal, compliance, or accounting advice. Listeners should consult their own advisors before making any decisions based on the content of this publication. Any opinions, findings, conclusion, or recommendations expressed in this publication are those of the author(s) and do not necessarily reflect the view of MUFG Investor Services. The content of this publication is the property of MUFG Investor Services and is protected by copyright law. Unauthorized reproduction, distribution, or use of this publication, in whole or in part, is strictly prohibited without the prior written consent of MUFG Investor Services.

©2025 MUFG Investor Services. All rights reserved.