|
Multi-manager consolidation reached a new milestone this week as Jain Global moved to return external capital and manage Millennium money exclusively, while a Grizzly Research short report rocked Partners Group and Lazard agreed to acquire placement-agent leader Campbell Lutyens. Politics swirled around Ken Griffin and Mayoral hopeful Zohran Mamdani, Michael Burry took aim at the AI semiconductor trade, and Apoorva Mehta - co-founder of Instacart - became the latest tech entrepreneur to launch an AI-driven hedge fund. Below, the week in alternatives, led by Opalesque Exclusives. Opalesque ExclusivesGrizzly Research alleges widespread valuation fraud at Partners Group's Evergreen Funds Short-seller Grizzly Research published a 37-page report alleging that Partners Group's flagship evergreen vehicles carry severely mismarked assets, with the firm warning the situation could ultimately prove worse than Wirecard. The report intensifies long-running scrutiny of valuation practices in semi-liquid private markets vehicles, where retail and wealth-channel inflows have outpaced governance frameworks. Partners Group's evergreen products have been a centerpiece of the firm's expansion into the wealth segment, making the allegations particularly material for distribution partners and platform allocators. Read the Opalesque Exclusive: opalesque.com/714500. Volatility brings new opportunit...................... To view our full article Click here |
Alternative Market Briefing Weekly
Saturday, May 02, 2026
|
||




RSS



