PM Alpha Surpasses $3BN AUM as Private Markets Infrastructure Adoption Accelerates 4x Since Commercial Launch in Q3 2023

London, January 2026 – Private Markets Alpha (“PM Alpha”), the global infrastructure platform for private markets distribution, today announced continued expansion of its institutional platform, as adoption accelerates across global wealth management channels and leading private market asset managers. Since its commercial launch in Q3 2023, PM Alpha has rapidly scaled its platform to exceed $3 billion of contracted AUM, marking a significant milestone in the development of institutional infrastructure supporting private markets distribution into global wealth channels. 

As private markets continue their structural expansion into the wealth segment, PM Alpha is emerging as a key infrastructure provider enabling this shift, delivering scalable institutional solutions that bridge global asset managers and international distribution networks. Over the past 24 months, the platform has experienced rapid and sustained growth, with AUM scaling approximately 4x since launch and underlying investor growth by 3x, reflecting accelerating adoption across both asset managers and distribution partners. As noted by Tom Douie, Founder and CEO, “we are seeing the acceleration of a new distribution model, where asset managers are seeking scalable, institutional routes into global wealth, while distributors require regulated, operationally efficient access solutions.” 

The platform now operates nearly 60 customised private market access vehicles, specifically designed for international wealth distribution and institutional investors, providing exposure to private credit, private equity and opportunistic strategies from more than 15 leading global private market fund managers, including Barings, Ares Management, AllianceBernstein, Triton and other mid-market managers.

In January 2026 PM Alpha reached a clear inflection point in its development, with approximately $3.2BN AUM contracted across platform assets, and Drawn capital deployed through the platform increased approximately fourfold, reaching c.25% conversions and $700 million of invested capital. This reflects a conversion rate of approximately 25% of committed AUM into deployed capital, demonstrating both strong execution across existing strategies and increasing velocity of capital deployment across newly launched structures. 

PM Alpha now connects a rapidly expanding global ecosystem, including partnerships and commercial engagement with a broad range of global institutional players, including Barings, Ares, Alliance Bernstein, Triton and others, reinforcing PM Alpha’s institutional positioning within the market. This growth reflects increasing demand for institutional-quality access solutions within private wealth, alongside the emergence of a network-driven distribution model, where scale across both supply (asset managers) and demand (distributors) reinforces platform adoption. As Tom Douie noted, “what we are building is not simply a distribution platform, but infrastructure, and that distinction becomes increasingly important as the market scales.” 

PM Alpha enters 2026 with strong forward momentum, supported by a ~$2+ billion capital formation pipeline, driven by sustained demand from both global private market managers seeking efficient distribution solutions and international wealth platforms requiring structured access to private markets strategies.  This pipeline is composed of approximately 65% of Fund manager-driven opportunities and 35% of distributor-led demand, highlighting balanced growth across both sides of the platform, and the ability for their Innovative Private Markets Infrastructure as a Service to offer value-added and customised solutions to both main stakeholders. 

Looking ahead, Tom Douie commented, “We are still at an early stage of this structural transition, and we see significant further scaling ahead as private markets continue to integrate into global wealth portfolios.” 

The firm remains focused on expanding its platform capabilities, deepening partnerships with leading global asset managers, and further scaling its international distribution network.