…Let's Talk Alternatives in Global Wealth with Stuart Parker and Dominick Carlino

…Let's Talk Alternatives in Global Wealth with Stuart Parker and Dominick Carlino

Author: PGIM September 16, 2025 Duration: 26:11

Laurie Chan is joined by Stuart Parker, Head of Global Wealth at PGIM, and Dominick Carlino, Global Head of Alternative Investments for Global Wealth at PGIM. Together, they explore the intersection of private wealth and alternative investments, offering perspectives on the ways investors are broadening portfolios beyond traditional markets. Their discussion covers the trends driving growth, the importance of education, and how innovation is reshaping access.

Subscribe to Speaking of Alternatives on your favourite podcast platform.

 

Key Takeaways:

• Private Wealth Is Driving the Next Wave of Growth in Alternatives – [05:00]

• Democratisation of Private Markets Is Expanding Access – [09:00]

• Education Is a Key Enabler for Integrating Alternatives into Portfolios – [08:00]

• Product Innovation and Evergreen Structures Are Reshaping the Landscape – [14:00]

*The views expressed are those of the speakers at the time of recording and may not reflect current opinions. This content is not investment advice.*

 

Learn More:

• @PGIM on X: https://twitter.com/pgim

• @PGIM on Instagram: https://www.instagram.com/pgim/

• PGIM on LinkedIn: https://www.linkedin.com/company/pgim

 

Shareables:

"The ability to offer high-net-worth clients the liquidity and transparency of alternatives is exactly where asset managers are going." — Stuart Parker, Head of Global Wealth at PGIM

"Alternatives are surging powered by product innovation, supportive policy and investor appetite." — Dominick Carlino, Global Head of Alternative Investments for Wealth at PGIM

"Education is key. We've moved from 'what are alternatives' to 'how do I incorporate them into a portfolio?" — Dominick Carlino, Global Head of Alternative Investments for Wealth at PGIM

"The convergence of public and private markets is creating a continuum of opportunities for investors to access value across liquidity profiles." — Dominick Carlino, Global Head of Alternative Investments for Wealth at PGIM


PGIM's Speaking of Alternatives offers a clear-eyed conversation about a part of the financial world that often feels shrouded in complexity. This isn't about dry lectures or sales pitches; instead, each episode sits down with seasoned practitioners and thinkers who operate in the trenches of private equity, real assets, hedge funds, and other non-traditional avenues. The dialogue focuses on the practical realities and long-term shifts within these markets, moving far beyond the fleeting news cycle. You'll hear how allocators are actually navigating current economic crosswinds, which structural trends are creating genuine opportunity, and how the very definition of "alternative" continues to evolve. The perspective is intentionally global, acknowledging that compelling strategies and risks can emerge anywhere. By demystifying the jargon and focusing on tangible insights, this podcast serves as a valuable resource for anyone looking to understand the forces shaping portfolio construction today. It’s a monthly dose of nuanced analysis for investors, advisors, and the intellectually curious who recognize that the conventional playbook is rarely sufficient. Tune in for straightforward discussions that respect the sophistication of the topic without losing the listener in unnecessary abstraction.
Author: Language: English Episodes: 26

Speaking of Alternatives
Podcast Episodes
… Let's Talk Lower Middle Market Direct Lending [not-audio_url] [/not-audio_url]

Duration: 26:04
Lower middle market direct lending remains one of the most structurally underserved segments in private credit. As traditional banks have stepped back, specialist lenders are playing an increasingly important role in pro…
… Let's Talk MCP 2025 Annual Investor Survey [not-audio_url] [/not-audio_url]

Duration: 19:10
Private equity secondaries have grown from a niche strategy into a core allocation for investors navigating volatility, slower exits and liquidity constraints. As markets evolve, secondaries are increasingly seen as an "…
… Let's Talk RealAssetX [not-audio_url] [/not-audio_url]

Duration: 21:28
Real assets are undergoing a profound transformation. Once viewed as a traditional "buy‑and‑hold" asset class, they're now shaped by operational complexity, AI, energy systems, climate pressures and rapid technological c…
… Let's Talk Private Credit Secondaries [not-audio_url] [/not-audio_url]

Duration: 26:50
Private credit secondaries are quickly becoming one of the most talked about opportunities in private markets. As the asset class grows rapidly, investors are looking for new ways to gain exposure, manage liquidity and e…
…Let's Talk Investment Grade Private Placements [not-audio_url] [/not-audio_url]

Duration: 25:25
In a world where fixed income markets are evolving, investment grade private placements stand out as a powerful tool for diversification and stability. This episode explores why these instruments remain a cornerstone for…
…Let's Talk Highlights from the PGIM EMEA Investor Forum [not-audio_url] [/not-audio_url]

Duration: 22:05
Recalibrating resilience was the dominant theme at PGIM's sixth annual EMEA Investor Forum in London. In this episode, Keshav Rajagopalan shares key insights from sessions on private credit, structured fixed income, digi…
…Let's Talk Energy Mezzanine with Brian Thomas [not-audio_url] [/not-audio_url]

Duration: 24:20
Energy mezzanine financing occupies a unique position between credit and equity, offering growing companies access to capital without diluting ownership. In this episode, Brian Thomas, Head of Real Assets, Private Credit…
…Let's Talk Asset-Based Financing with Edwin Wilches [not-audio_url] [/not-audio_url]

Duration: 25:01
In this episode, Edwin Wilches, Co-Head of Securitised Products at PGIM, joins Keshav Rajagopalan, to explore the dynamic and fast-evolving world of Asset-Based Finance (ABF). As traditional boundaries between public and…