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An approaching wave of exits from private equity-backed wealth management platforms will test investor appetite and the sustainability of buy-and-build strategies, according to Dyer Baade & Company chief executive Daniel Baade.

New operator joins a growing cohort including the London Stock Exchange and JP Jenkins as the UK’s intermittent private markets framework takes shape.

Platform One’s Alex Cowan-Sanluis talks to PMP about the future demand from retail and wealth investors and the challenges platforms face being able to support access