S6E5: Beyond 60/40: Private Markets on the Rise w/ Kimberly Flynn, CFA
In this episode of Financial Perspectives, host Tanya Suba-Tang sits down with Kimberly Flynn, CFA, founder and president of XA Investments, to discuss the rapidly changing landscape of alternative investments. Following a period of disappointing returns for traditional asset classes, institutional and retail investors alike are seeking diversification and yield in the private markets.
Key topics covered include:
- The Rise of Private Credit: How the disintermediation of banks has created a gap for direct lending and private credit to fill.
- Emerging Opportunities for 2026: Why asset-backed lending, real estate debt, and infrastructure debt are becoming essential for income-oriented investors and retirees.
- Breaking the 60/40 Mold: The catalyst behind the 20–25% growth in the interval fund market and the push to include alternatives in 401(k) plans.
- The "Tangibility" Factor: Why wealth managers are turning to real assets like data facilities and infrastructure to help educate first-time alternative investors.
Whether you’re an institutional investor, advisor, or finance professional, this episode provides a forward-looking perspective on how private markets could transform portfolio construction in the years ahead.
Podcast Speaker
Kimberly Flynn, CFA
Kimberly Ann Flynn is the President at XA Investments. She is a partner in the firm and responsible for all product and business development activities. Kim is responsible for the firm’s proprietary fund platform and consulting practice.
Kim has developed an expertise in closed-end fund product development and is a frequent contributor to media and industry events on topics including interval funds, alternative investments and London-listed investment companies. Kim has earned the CFA designation and is a member of the CFA Institute and CFA Society Chicago. She is also Series 7, 63, and 24 licensed.
