Published on February 28, 2024
In the NewsWe are excited to announce another year of robust growth. Increased assets under management, a rise in advisory relationships, and continued demand for customized portfolio solutions were the impetus of our growth.
Platform Asset Growth
Platform Funds
Available for Portfolios
3 New
Hedge Funds
37 Total
Hedge Funds Exposures
8 New
Private Markets
47 Total
Private Markets Invested Vintages
What Strategies Did Advisors Allocate Client assets to in 2023?
Crystal provides access to a full range of hedge fund and private market strategies for client portfolios. Over the course of 2023, the strategies on our platform with the most year-on-year growth were Global Macro (65.15%), Long/Short Equity (43.18%), Private Credit (30.52%), and Equity Market Neutral (25.86%).
Hedge Funds
| Strategy | 12/31/2022-12/31/2023 Y/Y Growth |
|---|---|
| Global Macro | 65.15% |
| Long/Short Equity | 43.18% |
| Equity Market Neutral | 25.86% |
| Multi-Strategy | 5.30% |
| Relative Value | 2.44% |
| Distressed | -6.31% |
| Activist | -10.60% |
| Long Bias | -22.75% |
| Event Drive | -35.54% |
| Managed Futures | -46.04% |
| Credit | -100.00% |
Note: Strategy flows exclude performance and are purely based on asset inflows and outflows.
Private Markets
| Strategy | 12/31/2022-12/31/2023 Y/Y Growth |
|---|---|
| Private Credit | 30.52% |
| Growth | 21.61% |
| Venture | 12.47% |
| Buyout | 10.64% |
| Co-Investment | 0.00% |
| Real Assets | NM |
| Capital Solutions | NM |
Note: Strategy flows exclude performance and are purely based on asset inflows and outflows. “nm” is listed for Capital Solutions & Real Assets growth due to limited data. We will include strategy data for Capital Solutions and Real Assets once we collect a full 12-month cycle of data.
“The growing demand for diversified portfolios underscores a preference for tailored investment solutions rather than just access to individual funds. We are grateful for the growth we’ve experienced in 2023 and remain committed to delivering innovative solutions to RIAs, empowering them to build diversified alternative investment portfolios that complement their clients’ traditional investments and meet their overall investment goals.”
Steven Brod
Senior Partner, CEO, & CIO
Awards
View the private market and hedge funds listed on our platform.
For registered investment advisors only.