“Given so many of the fastest growing and most disruptive companies are private, it’s important to consider: Does your portfolio have the appropriate exposure, and do you have the resources or tools to access the most attractive opportunities either directly or through funds?”
Michael Gaviser, Managing Director, Head of Private Markets & Portfolio Solutions, Morgan Stanley Wealth Management
“Are we letting perfect be the enemy of good? The more important question is not whether investors pick the perfect private stocks, but whether they have meaningful exposure to the innovation emerging from late-stage private companies. In today’s market, getting allocation off of zero has never mattered more.”
Atish Davda, Head of Morgan Stanley Wealth Management Private Markets & EquityZen
“The key question is not simply how much to allocate, but whether the expected return premium adequately compensates investors for the risks and constraints associated with private assets. Manager selection and fund due diligence are especially important given the significant dispersion in outcomes. Access to high-quality opportunities, combined with rigorous due diligence and manager selection, can be a meaningful differentiator for investors.”
Alison Nest, Head of Investment Solutions Products, Morgan Stanley Wealth Management
“The real question isn’t whether private markets matter. It’s whether one’s portfolio is keeping pace with a world where more companies, more capital and more value creation are occurring outside the public markets.”
Rui de Figueiredo, Global Head of Investment and Client Solutions and CIO of the Solutions and Multi Asset Group, Morgan Stanley Investment Management
