Growth of private capital industry highlights role of next gen

• Increased professionalisation of family offices is ‘significant transformation’
• Family office executives increasingly empowered to manage assets in switch away from investment managers
• Younger generations demand more sophisticated investment strategies and greater transparency, Ocorian says

Ocorian, the specialist global provider of fund administration, capital markets, corporate, trust, and regulatory and compliance services, has revealed the findings of its detailed industry report, The Private Capital Journey, which serves as an in-depth exploration of the private capital landscape.

Investigating findings from an independent study*, this comprehensive guide examines the growing significance of private capital including the factors contributing to its rise, the key players involved, and insights into the investment strategies and structures essential for navigating the complex field of private capital, and its deployment.

It addresses several pivotal topics, including how the next generation can drive the growth of private capital, and the professionalisation of family offices, which are significantly influencing its growth.

Michael Betley, Global Head of Private Client at Ocorian, said: “There is no doubt that private capital is having a moment. EY reports that assets under management (AUM) in private markets topped US$24tn in 2023, its highest-ever figure. This is not a one-off spike, but a steady increase over the past decade.

“Our report provides a valuable, in-depth analysis of future trends, macro-economic and market conditions, and private capital’s highly influential role in global markets - which will only deepen and grow.”

Throughout The Private Capital Journey, Ocorian’s panel of experts explore various investment strategies and structures, offering insights into how third-party providers assist clients in unlocking the full benefits of investing in private capital.

From understanding the intricacies of next gen investing to the rise of professional family offices, the report provides a holistic view of the private capital landscape. Download it here.

*In 2023, Ocorian commissioned independent research company PureProfile to interview 134 family office investment managers working for family offices which use third-party private client services providers to support in the preservation and protection of their clients’ wealth. The investment managers interviewed are responsible for assets under management of $62.45 billion and include 63 working for multi-family offices. The global study interviewed family offices in the US, UK, Canada, China, Germany, India, Norway, Saudi Arabia, Singapore, South Africa, Sweden Switzerland, UAE, Denmark, France and Japan.

About Ocorian

Ocorian is a global leader in services for corporate and private clients, fund administration and capital markets, and regulatory and compliance.

Supporting and protecting global investment is Ocorian’s priority; it manages over 15,000 structures on behalf of 8,000+ clients including financial institutions, large-scale international organisations, and high-net-worth individuals.

Ocorian provides fully compliant, tailored solutions that are individual to clients’ needs, no matter where in the world they hold financial interests, or however they are structured.

The group offers a full suite of corporate, fund and private client services across a network of offices spanning all the world’s financial hubs. It has 20+ offices including Bermuda, BVI, Cayman, Denmark, Germany, Guernsey, Finland, Hong Kong, Ireland, Isle of Man, Jersey, Luxembourg, Mauritius, Netherlands, Norway, Singapore, Sweden, UAE, the UK, and the US, and employs over 1,500+ professionals.