Allison DiClemente, Capital Introductions Advisor, Marex Prime Services
Lindsey Rubinstein, Family Office Executive | Founder | Health, Wealth & Legacy Expert Opus Capital Management LLC
Neil Datta, Chief Investment Officer, NKD Advisory
Michael I. Marcus CFA, Partner, Co-Head of Investments, Prelude Capital
Stefan Zellmer, Chief Operating Officer and Portfolio Manager, Accumulus
Talking Points:
North America maintains leadership with 45% of new launches, though Europe (25%), Asia-Pacific (20%), and the Middle East (10%) show significant representation.
Emerging managers face a starkly bifurcated capital-raising environment, with 20% of new funds backed by institutional investors and 10% by multi-manager platforms.
Equity strategies continue to lead at 35%, with quantitative approaches gaining traction at 15%, while global macro, multi-strategy, and commodities each represent 10% of new ventures.
Ventures led by female execs have quadrupled from 5% in 2024 to 20% in 2025, suggesting meaningful progress in addressing the industry’s historical gender imbalance.
54% of allocators express reduced openness to emerging managers compared to 2024, yet remain engaged for specific strategic objectives.
