{"podcast":{"title":"Alt Goes Mainstream: The Latest on Alternative Investments, WealthTech, & Private Markets","slug":"alt-goes-mainstream-the-latest-on-alternative-investments-wealthtech-private-markets-1384568","podcast_index_feed_id":1384568,"rss_url":"https://feeds.transistor.fm/alt-goes-mainstream","website_url":"https://altgoesmainstream.substack.com/","image_url":"https://img.transistorcdn.com/zJ-ISklnd78aXQ3F8_rtZ_1-61w5naFKWWvFtRwz8zs/rs:fill:0:0:1/w:1400/h:1400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9zaG93/LzE5MDA4LzE2MTQ1/Mzk1MDUtYXJ0d29y/ay5qcGc.jpg","author":"Michael Sidgmore","episode_count":220,"summary":"Alt Goes Mainstream podcast is the place to turn to for interviews with some of the brightest and most experienced minds in the world at the intersection private markets and wealth management. AGM dives into investment strategies like private equity (PE), private credit, venture capital (VC), secondaries, GP stakes, infrastructure, real estate, wealth management, and comprehensively covers tools and frameworks for approaching private markets, such as asset allocation, evergreen funds, model portfolios, and more. For anyone looking to invest into private markets (from experienced wealth managers to family offices to the individual investor looking for a more diversified investment portfolio), you’ll hear inside stories from executives and founders at some of the world’s largest financial institutions, alternative asset managers firms, and wealth management firms. More than a personal finance podcast, Alt Goes Mainstream dives deep into trends, investment strategies, firm building lessons, and innovative technologies that are enabling investors to access private markets.","last_synced_at":"2026-07-02T22:21:18.697439+00:00","page_url":"https://stenobird.com/podcast/alt-goes-mainstream-the-latest-on-alternative-investments-wealthtech-private-markets-1384568"},"episode":{"title":"Stable Asset Management's Erik Serrano Berntsen - what it takes to build a great alternative asset management firm","slug":"stable-asset-management-s-erik-serrano-berntsen-what-it-takes-to-build-a-great-alternative-asset-management-firm","published_at":"2026-03-05T12:36:25+00:00","page_url":"https://stenobird.com/podcast/alt-goes-mainstream-the-latest-on-alternative-investments-wealthtech-private-markets-1384568/stable-asset-management-s-erik-serrano-berntsen-what-it-takes-to-build-a-great-alternative-asset-management-firm","show_page_url":"https://stenobird.com/podcast/alt-goes-mainstream-the-latest-on-alternative-investments-wealthtech-private-markets-1384568","url":"https://share.transistor.fm/s/cbc8f61a","audio_url":"https://media.transistor.fm/cbc8f61a/8cc87239.mp3","summary":"Welcome back to the Alt Goes Mainstream podcast. Today’s episode dives into what it takes to start, build, and scale an alternative asset manager. We sat down in Stable Asset Management ’s London office with Erik Serrano Berntsen . Erik is the CEO of Stable, where he defines and executes the firm’s investment strategy. Stable is one of the largest and most tenured GP stake builders globally. The firm manages around $5B in assets and has built over 40 firms since 2006. Stable makes strategic seed and acceleration investments to launch and scale alternatives GPs across public and private markets. With offices in New York, London, and Palm Beach, the firm backs investment firm Founders who understand that extraordinary performance requires building exceptional organizations. Committed to education as a catalyst for change, Erik supports the LSE Alternative Investments Conference — the world’s largest student conference for alternatives, which is how we met 16 years ago — as well as Girls Who Invest and Girls Are Investors. Stable backs 100 Women in Finance and is a Founding Partner of the 10,000 Interns Foundation. Erik holds a BA in Politics, Philosophy, and Economics from Keble College, Oxford, and an MBA with honors and a concentration in Finance from the University of Chicago Booth School of Business. Erik and I had a fascinating conversation about what it takes to be a great investor and build a unique investment firm. We discussed: How the business of asset management has evolved since 2006. The incentives gap between LPs and GPs — and how that evolves as GPs scale. How GP seeding and GP stakes can be a solution to LP / GP misalignment. How to discern a manager’s “edge\" and how “edge” can change with firm growth. The most non-obvious trait that makes for a great ass…","meta_description":"Welcome back to the Alt Goes Mainstream podcast. Today’s episode dives into what it takes to start, build, and scale an alternative asset manager. We sat…","key_points":[],"chapters":[],"topics":[],"duration_seconds":4315,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/alt-goes-mainstream-the-latest-on-alternative-investments-wealthtech-private-markets-1384568/episodes/stable-asset-management-s-erik-serrano-berntsen-what-it-takes-to-build-a-great-alternative-asset-management-firm/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/alt-goes-mainstream-the-latest-on-alternative-investments-wealthtech-private-markets-1384568/stable-asset-management-s-erik-serrano-berntsen-what-it-takes-to-build-a-great-alternative-asset-management-firm.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}