Basis Points

Anthropic, OpenAI, SpaceX: Do Advisers Need Private Markets for Growth?

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Many of the world's greatest growth businesses are staying private for longer. So, do advisers have to allocate to private markets for growth?

Australian Ethical Investment’s Head of Private Markets Adam Roberts certainly thinks so, noting that most businesses listing on public market exchanges are far bigger and more mature than they’ve been in decades.

This is because they can raise vast…