Inside the Alternative Investment Platform Megatrend | Alan Strauss of Crystal Capital Partners
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.” Are you a buyside professional looking to fast track your career? Sign up for the Fundamental Edge Analyst Academy and save 10% with coupon code OPM-10 at https://www.fundamentedge.com/opm Follow Other People’s Money on: Apple Podcast https://bit.ly/4e7QJ1M Spotify https://bit.ly/3Yhaazi YouTube https://bit.ly/3C63VXR Learn more about Crystal Capital Partners: https://www.crystalfunds.com Follow Max Wiethe on Twitter: https://x.com/maxwiethe 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?