INVESTING INSIGHTS | 11.03.2026

#147 - Rich Powers: Vanguard’s Vision for Private Markets

Rich Powers is Head of Private Equity Product Management at Vanguard, which manages more than $13 trillion in global assets (as of 7/31/26). We discuss Vanguard’s push into private markets, the evolving cases for private equity and private credit, liquidity and manager selection, and how lower costs and better access could reshape alternatives.