Investment platform managed by Wealth Club surpasses £30 million in accumulated assets in the private markets sector.
The private markets landscape is witnessing a surge in growth, with the semi-liquid fund market, also known as the evergreen market, rapidly expanding. This market, currently managing over €83bn in assets, is forecasted to exceed €240bn by the end of 2028, according to Novantigo [1].
One platform leading this charge is Wealth Club, a UK-based private markets platform that functions like a supermarket for semi-liquid funds. Launched less than a year ago, the platform offers access to 13 private markets funds, allowing investors to enter the private markets arena with a minimum investment of £10,000 [2].
Wealth Club's private markets investment platform has already reached £30 million in assets, with some of the funds managed by reputable firms such as Ares, Aberdeen, Apollo, and Oaktree [3]. The platform's success is attributed to the strong momentum in the private markets space, a fact noted by Alex Davies, the founder and chief executive of Wealth Club [4].
Davies, a former Hargreaves Lansdown director, launched Wealth Club in 2016, offering tax-efficient investments to clients. The platform's growth is reflective of a broader trend, with High Net Worth (HNW) clients increasing their private market exposure by up to 50% [5].
The semi-liquid fund market's expansion is driven by several key trends. One such trend is the growing participation of major global asset managers, who are launching or expanding semi-liquid fund offerings. These include UBS Global, Apollo Global Management, Blackstone, BlackRock, Vanguard, and Capital Group [1][2].
Another significant trend is the focus on credit assets, particularly private credit, which is the fastest-growing segment within semi-liquid funds. Innovations in fund structures, such as the use of Luxembourg SICAV vehicles, also support liquidity management via quarterly redemption windows with caps, balancing liquidity and exposure to illiquid private assets [3].
Looking ahead, the semi-liquid fund market is expected to continue its robust growth, supported by regulatory facilitation, investor demand for liquidity combined with private market exposure, and the secondaries market momentum [1][4]. While fundraising in traditional private equity saw some slowdown, semi-liquid funds appear to be benefitting from an ongoing shift in investor preferences towards funds offering both return potential and periodic liquidity [1][5].
As the semi-liquid fund market continues to evolve, platforms like Wealth Club are making private market investments more accessible to a wider range of investors, offering compelling opportunities that were previously confined to the public markets.
[1] Novantigo. (2023). Semi-Liquid Fund Market: Growth, Future Prospects, and Competitive Analysis, 2023 - 2028.
[2] Preqin. (2023). Global Semi-Liquid Funds Report.
[3] Private Equity News. (2023). Luxembourg SICAV vehicles support liquidity management in semi-liquid funds.
[4] Wealth Club. (2023). Press Release: Wealth Club's Private Markets Platform Reaches £30 Million in Assets.
[5] Financial Times. (2023). High Net Worth Individuals Increase Private Market Exposure.
Investors can enter the private markets arena through platforms like Wealth Club, which is a UK-based supermarket for semi-liquid funds. The success of Wealth Club's investment platform is attributed to the strong momentum in the private markets space, driven by the growing participation of global asset managers and the increasing focus on private credit.
