Alternative investments encompass a wide range of investment options that extend beyond the conventional asset classes like cash, stocks, and bonds. This expansive category includes private equity, venture capital, hedge funds, art, real estate, and more. The realm of alternative investing has witnessed remarkable growth in recent years, reshaping the landscape for private wealth clients.
On this episode of Good Things Happen, Anastasia Amoroso, the Chief Investment Strategist at iCapital, and Megan Malone, the Head of Private Equity and Real Estate for the Americas at Citi Global Wealth Investments, delve into the factors that have traditionally made institutions and ultra-high net worth individuals the primary participants in alternative investments, particularly in sectors such as private equity and hedge funds.
As interest continues to surge in venture capital, real estate, infrastructure, and natural resources, alternative investing is increasingly capturing attention—despite the backdrop of rising interest rates and the potential for higher returns compared to traditional asset classes. Join us to explore the future of alternative investing and how it can attract a broader base of suitable individual investors.
Citibank N.A. (“Citi”) and iCapital are not affiliated and are independent companies, though Citi has a nominal equity investment in iCapital . The speakers’ views are their own and may not necessarily reflect the views of Citi or any of its affiliates. Alternative investments are speculative and entail significant risks that can include losses due to leveraging or other speculative investment practices, lack of liquidity, volatility of returns, restrictions on transferring interests in the fund, potential lack of diversification, absence of information regarding valuations and pricing, complex tax structures and delays in tax reporting, less regulation and higher fees than mutual funds and advisor risk. All opinions are subject to change without notice. Neither the information provided, nor any opinion expressed constitutes a solicitation for the purchase or sale of any security. The expressions of opinion are not intended to be a forecast of future events or a guarantee of future results.
Anastasia Amoroso is a Managing Director and the Chief Investment Strategist at iCapital. In this role, she is responsible for providing insight on private and public market investing opportunities for advisors and their high-net-worth clients.Previously, Anastasia was an Executive Director and the Head of Cross-Asset Thematic Strategy for J.P. Morgan Private Bank, where she identified and invested in emerging technologies and disruptive trends such as artificial intelligence, decarbonization, and gene therapy. She also developed global tactical ideas and implemented institutional-level implementation across asset classes for clients. Anastasia regularly appears on CNBC and Bloomberg TV and is often quoted in the financial press. Prior to this, Anastasia served as a Global Market Strategist on the J.P. Morgan Funds Global Market Insights Strategy team. She also managed global tactical multi-asset portfolios and performed investment due diligence at Merrill Lynch, as well as provided consultative financial advisory services to high-net-worth families and businesses. Earlier in her career, Anastasia held several financial analysis, research, and strategic business planning positions with both private and public sector organizations. She graduated summa cum laude from the University of New Mexico and is a CFA charterholder.
Megan Malone joined the Private Bank in 2015 and is a Director and Head of Private Equity and Real Estate for the Americas. She is responsible for sourcing, conducting investment due diligence, structuring and distributing private equity and real estate investments.
Prior to joining Citi, Megan was most recently a Vice President with Kingdom Hotel Investments working in both New York and Dubai. She concentrated on transactional assignments, strategic planning and asset management of the firm’s hotel investments which include Four Seasons Hotels & Resorts, Fairmont Raffles Hotels International, the Plaza Hotel in New York and the Savoy Hotel in London.
Prior to joining Kingdom, Megan worked for Deutsche Bank Securities in its investment banking division. In that capacity, she worked on a variety of M&A and capital raising transactions across the real estate, gaming, lodging, leisure, consumer and retail industries.
She also worked for Host Hotels & Resorts, a leading real estate investment trust, in its asset management division and has held operational roles in a
number of hotels. Megan received a BS in Hotel Administration from Cornell University.