Best private equity firms for high-net-worth individuals in 2024

While selecting such private equity firms, high emphasis should be placed on the performance of the selected firms and their specialization in high net worth individuals (HNWIs) investment level. Here are some of the top private equity firms and considerations for HNWIs looking to invest:

Leading Private Equity Firms 

 - Blackstone Group: Blackstone is one of the largest and well-known private equity firms in the world which has a great number of offerings and opportunities to invest in various programs. They usually target very large numbers of HNWIs and their funds usually have a minimum investable amount of about $1 million. 

 - KKR (Kohlberg Kravis Roberts & Co.): Being one of the pioneers in using leveraged buyout strategies, KKR has excellent performance recognition. They also have funds with; minimum investment amounts that can start from as low as one million dollars. 

 - Apollo Global Management: Apollo is another large firm in the private equity market, which invests in value-oriented strategies. They provide diverse funds that show how much risk and amount of money a person is willing to invest. 

 - Carlyle Group: It has expertise in many sectors and also has an impressive track record supported by figures. Their minimum capital requirements may vary but can be as low as $1m or higher in most instances. 

Investment Considerations for High-Net-Worth Individuals

 - Minimum Investment Requirements: Currently, some of the criteria defining most top-tier private equity firms is that you must be willing and able to make a minimum investment of $ 1m to $ 10m. An exclusive fund might need even more, due to the fact that the target market is institutional investors or UHNIAs. 

 - Access Through Wealth Management Firms: A majority of HNWIs have the means to invest in private equity through wealth management by firms such as Morgan Stanley, Goldman Sachs, and JPMorgan Chase. Such firms tend to offer individual advice on investment as well as links to certain funds that ordinary clients cannot approach on their own. 

 - Family Offices: Certainly, for those with a large amount of financial assets (starting from $10 million), family offices offer, among other things, completely individualized investment solutions that may include private equity. These offices invest on behalf of families who are wealthy and thus they can lower the minimum required or get unique offers.

 - Alternative Platforms: New platforms such as Moonfare and Aqua enable HNWIs to directly invest in PE citing significantly lower minimum investment than what is normally expected from firms. These platforms decentralize the collection of funds from the investors and thus bring private equity to the public. 

Performance Insights 

Private equity can indeed provide a good degree of returns to investors, nevertheless, it is crucial for investors to take notice of the risks and costs implicit in such a venture. Data avails estimates that show that net of fees returns of private equity funds have been comparable to the performances of public equity markets at some points in time[1][2]. Hence, potential investors should do their homework and analyze their position before they invest any money. 

                                  In conclusion, private equity product managers who endeavor to sell high-net-worth high-risk private equity products must consider established PE firms such as Blackstone, KKR, Apollo, and Carlyle, however, they must also consider wealth management services and other PE platforms that offer linkages to such products.

Citations: Check on Reddit what people are saying

[1] https://www.reddit.com/r/finance/comments/h8rgzz/private_equity_barons_grow_rich_on_230bn_of/

[2] https://www.reddit.com/r/FinancialCareers/comments/1512smf/how_do_private_equity_firms_earn_money/

[3] https://www.reddit.com/r/fatFIRE/comments/toigd3/at_what_net_worth_to_qualify_for_private_equity/

[4] https://www.reddit.com/r/investing/comments/1av208o/which_investment_firms_have_helped_you_guys/

[5] https://www.reddit.com/r/investing/comments/1d1ynfa/morgan_stanleys_private_equity_recommendation/

[6] https://www.reddit.com/r/fatFIRE/comments/1d76ag2/private_equity_asset_allocation/

[7] https://www.reddit.com/r/coolguides/comments/1cvnrjs/a_cool_guide_to_the_worlds_largest_private_equity/