00: Evercore's Flow of Funds Unveiled

What if the public markets you thought were the center of finance... are no longer the only markets that matter?Get ready to discover why trillions of dollars are quietly migrating into alternative assets—and what this seismic shift means for everyone from financial advisors to everyday investors.In this kickoff episode of the Private Markets and Wealth Forum, host Glenn Schorr uncovers the ongoing transformation in capital markets: companies staying private longer, private credit competing with banks, and the rapid "democratization" of alternative investments.You'll learn how the blurring lines between public and private, institutional and retail, and asset versus wealth management are fundamentally reshaping the financial landscape.Plus, Glenn Schorr previews provocative questions future episodes will tackle—like whether private credit is becoming the new banking system, and if semi-liquid funds are the next great ETF innovation or the next liquidity stress test.If you're looking to understand the forces driving change across private markets and wealth management—beyond just the headlines— PMWF will be your first stop.***Applicable current disclosures regarding the companies discussed in this video are available at the offices of Evercore ISI: 55 East 52ndStreet, New York, NY 10055, and at the following site:  https://evercoreisi.mediasterling.com/disclosure