Exploring private markets.
A new world of possibilities.
Cane can get you to market faster, with absolute confidence.
As interest in private markets continues to grow, there is mounting pressure for asset managers to deliver products swiftly whilst addressing stringent regulations. It is a highly a complex landscape to navigate.
This is partly owing to the recent rapid expansion of the market. With total global assets under management expected to reach $13.01 trillion by July 2024, the market is evolving, as is the legislation that surrounds it. Whilst regulations are now designed to make it easier for investors entering Europe, it still takes time to understand all the finer details and avoid potential pitfalls along the way.
To better understand the pain points, Carne Group conducted a survey with US fund managers. Our fascinating new Atlas 2024 Report maps out the private market landscape, explores the US fund manager’s unique perspective and pinpoints their strategies for addressing the issues.
In a changing environment,
get ahead of the curve.
The asset management industry is experiencing a silent super evolution. Product innovations, distribution and operational models are being redefined. The speed of change has caught the market by surprise and companies are finding they must adapt to the stress on operations and margin pressures in uncertain times. Our four-part research series, Supermodel, dives deep into these changes, with insights from 200 global leaders on the strategies needed to succeed.
A preview of what’s inside:
- 63% of firms report that a typical fund launch now takes over 10-12 months, with inefficiencies in regulatory readiness and fund registration as key bottlenecks.
- Over half of asset managers say their growth strategies are causing operational inefficiencies, especially in non-core areas like middle and back-office functions.
- 77% of large asset managers are consolidating or discontinuing funds to control costs, while nearly 8 in 10 see the value of shifting fixed costs to variable.
- Third-party management companies (ManCos) have proven their worth: 64% of firms using third-party ManCos have seen faster time-to-market, and 57% have improved cost efficiency.
Changes industry-wide have resulted in the rise of supermodels – where leveraging third-party ManCos can help accelerate time to market, reduce costs, and manage increased regulatory demands. The report reveals through data-driven insights why outsourcing is now considered a smart, strategic choice for growth and resilience.
Amid our research, four key themes to success became clear.
- Under Pressure: Margin pressures intensify for fund managers
- Operational Overhaul: How growth strategies are changing the demands on operations
- Breaking Point: Growth pains of operating models
- Future Proofing: The next generation operating models
Over the coming months, we will be bringing these findings to you as four separate parts; presenting our findings and sharing our insights.
Looking to stay ahead of the curve? Download part one: Under Pressure
Carne is here to make life simpler for decision makers operating in today’s ever-evolving asset management eco-system. As Europe’s largest – and only independent – third-party ManCo, we support asset managers through every element of the fund lifecycle, including risk, compliance, due diligence, oversight, distribution and governance.
Over 650 organisations trust us with their business, evolve with us, grow with us. More than half of the 20 largest global managers choose Carne as their partner - overseeing more than $2 trillion assets under management.
We make it simple for these companies to concentrate on their core activity. We can do the same for you. If you take care of money, we can take care of you.
Our new Atlas 2024 report shines a light on the outlook for the different private markets, from the challenges facing private market fund managers in raising capital and their plans for addressing these, to looking at how wealth managers and DC pension schemes intend to invest in these markets.
Carne can provide the critical outsourcing solutions needed to steer the way through this complex landscape and has partnered with many private market fund managers accessing Europe for the first time or looking at new structures as we see the democratisation of private assets gaining more momentum.
As Europe’s leading third-party fund management company with over 20 years of experience, we offer a deep understanding of European fund regulations. Our expertise in governance, compliance and distribution can streamline your market entry, enhancing efficiency and reducing costs, whilst you remain in control. Talk to Carne if you would like to access European investors faster and with absolute confidence.
Download the Atlas 2024 report
Get in touch
.png?width=550&height=450&name=Supermodel%20report%202024%20Cover%20ipad_in%20situ%20(no%20report1).png "Supermodel report 2024 Cover ipad_in situ (no report1)")
This publication has been prepared for general guidance on matters of interest only and does not constitute professional advice. You should not act upon the information contained in this publication without obtaining specific professional advice.
For expert insights on our Carne Atlas 2024 Report, see our Pinpoint of view series.
If You are Stuck Anywhere We Are With You for Any Help !
It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout.