Of all the areas tipped to grow in the next decade, retail investing in private credit is probably the most tantalising prospect. GPs are already lining up to test-drive retail – and there are predictions that retail investors could one day match institutional investors in terms of capital committed.
When Apollo Global Management closed its acquisition of LA-based wealth distribution and asset management business Griffin Capital a year ago, it added 60 professionals that distribute products across the wealth management landscape, particularly in the independent broker-dealer channel.
