State Street Investment Management CEO Yie-Hsin Hung and Apollo Asset Management Co-President John Zito outlined the growing integration of private market products into retail investment portfolios during a Bloomberg Invest New York 2026 discussion. The executives addressed both the opportunities and risks as private markets move from institutional to mainstream retail access.

The conversation highlighted how asset managers are adapting infrastructure and products to serve retail investors seeking private market exposure. State Street and Apollo are positioning themselves at the forefront of this shift, developing solutions to bridge the gap between traditional public market offerings and private alternatives.

This mainstreaming of private markets represents a significant evolution in investment strategy, potentially reshaping how retail investors allocate capital. The discussion emphasized that while opportunities abound, proper risk management and investor education remain critical as these products become more accessible to the broader market.