June 2025
In today’s edition of Alternative Investor, we unpack the latest trends shaping the alternatives space, from fast-evolving crypto markets to cutting-edge digital investing.
In the news, equities led hedge fund gains, while macro strategies faced headwinds. The alternatives market saw record-breaking private equity deals, significant fundraising in private credit and infrastructure, and growing interest in other strategies. Retail access to alternatives continued to expand, and activity in the secondary market remained very strong. The industry also saw notable fund platform shifts and US credit growth. Globally, single-family offices now manage trillions in assets, with private equity their top allocation. Plus more…
In our new guest column, Anne-Sophie d’Andlau and Catherine Berjal, Founders of CIAM, argue that active fund managers play a vital role in market efficiency and corporate governance.
Crypto & Digital Spotlight:
Temple Capital’s Vasily Andreev sees crypto as a rare, evolving alpha frontier – a modern replay of 1980s quant opportunities.
Frontier’s Louis LaValle highlights the need for institutional-grade infrastructure to support sustainable growth.
Marex Solutions’ Ilan Solot charts the shift from speculative asset to mainstream portfolio holding, with structured products bridging TradFi and DeFi.
Crypto Insights’ Vin Molino underscores the importance of having the right tools to navigate an increasingly complex and volatile landscape.
Theta Capital’s Ruud Smets views blockchain at a critical inflection point, where early-stage conviction can deliver generational upside.
Definitive Finance’s Daphne Huang identifies DeFi as a key structural alpha window.
Walkers’ Iona Wright stresses that institutional investors now demand scale, compliance, and credible business use cases.
In Letter from America: Prosek Partners’ Mark Kollar explores the rise of evergreen funds and impact on private markets.
We wrap up with RQC Group reviewing the FCA’s recent activities.