High-net-worth individuals (HNWIs) will account for more than 10% of all capital raised by private equity funds by 2025, according to a study by Boston Consulting Group (BCG) and iCapital.
The study, titled “The Future is Private – Unlocking the Art of Private Equity in Wealth Management” also found that HNWIs are expected to increase their capital commitments to private equity at a CAGR of 18.8% by 2025 to US$1.2 trillion, outpacing institutional growth in the asset class.
This represents 2.4 times more individual investors' assets under management in private equity funds compared to 2020.