Daniel Garant

Blow Wind, Blow: The Sails of Asset Management | Global Conference 2024

Yana Morris, Eric Aboaf, Eric Adler, Cheryl Alston, Daniel Garant, Don Mullen

Amidst a historic divergence where public equity surges while IPO volume collapses, institutional investors are redirecting 37% of assets into a $13.1 trillion private market driven by private credit expansion and a strategic pivot from financial engineering to operational value creation. While Basel III reforms and declining bank lending capacity accelerate the shift of credit origination to non-bank lenders, the panel identifies infrastructure, mid-market private credit, and resilient real estate sectors as primary allocation targets to mitigate the impending risks of a rising default cycle and office sector obsolescence.