EconomyWall Street Alchemists Turn to Insurers for a Private-Markets Lifeline
Bankers and advisers are working on wrappers, repackaged structures and other arrangements to make private-fund assets more appealing. Insurers are being drawn into the effort as Wall Street looks for a lifeline for private markets. The approach seeks to reshape these assets into products that may attract broader investor interest.
Wall Street Alchemists Turn to Insurers for a Private-Markets Lifeline