FinCap launches private markets review for advisers

FinCap Platform has launched a complimentary private markets portfolio review for financial advisers.

The move comes as it expands an education program aimed at helping allocations and respond to growing client demand.

The review, led by FinCap head of portfolio and investment solutions Ben Davis, will provide advisers with an asset allocation assessment of their private market investments.

It forms part of a broader education initiative that will include a monthly webinar series featuring private markets investment professionals, alongside a series of educational luncheons for advisers.

Davis said the growing maturity of private markets and availability of data had created opportunities for more sophisticated portfolio analysis, while also increasing the complexity of asset allocation.

"As private markets have matured, the emergence of robust and trustworthy data, along with the development of more sophisticated analytical tools, has enhanced our understanding of the drivers of performance as well as risk factor exposure across private markets," Davis said.

He said advisers needed to consider how private market exposures were implemented within broader portfolios, particularly as allocations increased.

"When we think about asset allocation for private market portfolios, we need to address questions such as how we actually implement it," Davis said.

The review will examine areas including liquidity requirements, leverage policies, peer and benchmark risk, fee and complexity budgets, and the balance between liquid and illiquid alternatives.

FinCap founder and executive chairman Christian Ryan said advisers were facing increasing questions from clients about private markets, despite persistent misconceptions around access, liquidity and complexity.

"Private markets are growing fast and so is investor curiosity," Ryan said.

"Advisers are being asked more and more by clients about private markets, often without the resources to answer with confidence."

The first webinar will be held on September 8 and will feature Ryan in conversation with Metrics Credit Partners chief executive and managing partner Andrew Lockhart.

Ryan said Lockhart was chosen to open the series because of his experience building a significant private credit business.

The FinCap education program will provide CPD points to participating advisers.