Craig McGlashan

AI is touching every aspect of the alternative assets industry - from internal applications to portco value creation and investment opportunities. But there are risks ahead, with overhype and regulatory uncertainty partly clouding the path forward.

The firm is looking at launching other strategies and offices, and is seeking to expand its primary programme, founder Michael Bego told affiliate title PE Hub.

“What if tomorrow CDPQ in Canada and Allianz in Germany say they’re going to allocate €1bn to GP-leds every year? They could. They should even, to be honest," says Reach Capital's co-founder and managing partner William Barrett.

Such deals – where the sponsor retains exposure to an asset – can simplify the exit process via an external buyer determining the valuation.