Inside Alts: Ares' Michael Arougheti on the 'retail revolution' in alternatives

CNBC's Inside Alts covers the fast-growing world of alternative investments, from private equity and private credit to hedge funds and venture capital.

CNBC Senior Finance and Banking Reporter Leslie Picker speaks with Ares Management CEO Michael Arougheti. They discuss how individual investors have been driven to alternatives to find diversification as the public markets become more concentrated; whether there's a performance disadvantage among funds sold to retail investors, and the general risks and rewards of a "retail revolution" as private-market fundraising shifts away from traditional sources.

Watch the full conversation above, and sign up to receive future editions of the Inside Alts newsletter straight to your inbox.