Madorsky: PE will split into index, active, and boutique tiers
Jon Madorsky · Jon Madorsky – Navigating the Evolution of Private Equity Secondaries (EP.448) · May 29, 2025 · at 33:39
Jon Madorsky of RCP Advisors compares the democratization of private equity to the historical evolution and segmentation of public equity markets.
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“I can imagine a space where private equity looks a little bit like the public equity manager market does today, where you have some people that are focused on almost like an index. That would be a pure retail product. Then you will have some folks that are charging a little bit more that will be specialized in what's Let's call that in the public equities world an active managed portfolio. And then you'll have some boutique managers that will be focused on the more historical institutional investor base, and let's call that the hedge funds of today.”
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