The Frank G. Zarb School of Business’s Center for International Financial Services and Markets will host a Bank of New York Mellon lecture titled “Building the Future: How alternative investment managers are rising to the demographic challenge.” The lecture will be held on Wednesday, October 12, at 6 p.m. at the University Club on North Campus.
“Investors are increasingly turning to real assets to find yield, diversify their portfolios and steer through volatile markets,” said Brian Ruane, executive VP at BNY Mellon and Hofstra alum (MBA ’96). This lecture will explore the nuances of the issues that alternative investment managers should be thinking about as they navigate these waters.
Drawing on a new BNY Mellon white paper, Ruane and Alan Flanagan, managing director and global head of Private Equity and Real Estate Fund Services at BNY Mellon, will highlight several topics, including how private equity, real estate and infrastructure managers anticipate strong growth in assets under management over the next five years.
“Sixty percent of infrastructure investment managers expect assets to grow by at least 50 percent,” Ruane said. “Retail investors are expected to become a more important source of capital. We will explore why this matters in the lecture.”
Flanagan commented, “Two-thirds of private equity managers say regulation may lead to outsourcing certain functions. This represents a significant growth opportunity in private equity.”
The lecture will highlight the significant potential for growth in real assets, as well as emerging changes and ideas in sources of capital and strategies and just plain good ideas.
The event is free and open to the public. Refreshments will be served.