Wealth manager AssetMark has announced it is planning to expand into private markets, with new capabilities expected to launch in the final quarter of 2025.
The move will integrate private assets into AssetMark’s managed solutions and discretionary programs.
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“Private markets are no longer optional – they’re essential to building modern, diversified portfolios,” said Lou Maiuri, group chief executive of AssetMark.
“We’re committed to helping advisors access these opportunities in a way that’s intuitive, scalable, and aligned with how they serve clients today.”
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The firm is currently conducting due diligence on private credit, private real estate, and private equity funds, it said in a statement.
Going forward, a portion of AssetMark’s discretionary strategies will be allocated to private markets, enabling advisors to access professionally-managed exposure to these asset classes.
Read more: Private credit now ‘mainstream’ in sovereign wealth funds
AssetMark’s private markets capabilities will be available to advisors and firms beginning in Q4 2025. The firm said more details will be shared in the coming months.
