High net worth individuals (HNWIs) are expected to increase their capital commitments to private equity at a rate which will outpace institutional growth in the asset class, with a CAGR of 19 per cent by 2025.

This is one of the key findings from The Future is Private – Unlocking the Art of Private Equity in Wealth Management, a new report co-authored by Boston Consulting Group (BCG) and iCapital, published today investigating the potential that private equity holds for wealth managers and their clients.

By 2025, HNWIs will account for more than 10 per cent of all capital raised by private equity funds and the total AUM of individual investors in private equity will be 2.4 times larger than today, rising to USD1.2 trillion.