Carrick Lane’s Kwalik on options, income and the private wealth alternatives conversation

Originally published by AlternativesWatch

The alternatives conversation in private wealth has been dominated in recent years by private credit and private equity. But options-based strategies are becoming a larger part of the liquid alternatives discussion as market liquidity expands, options-based ETFs, and mutual funds gather assets and advisors look for new sources of income.

Carrick Lane is one of the firms building for that shift. The independent, employee-owned firm manages more than $3 billion in actively managed options strategies for high-net-worth families, family offices, trusts, foundations, and the advisors who work with them, with offices in New York and San Francisco.

The firm announced in June that John Marshall had joined as senior partner following a 25-year career at Goldman Sachs, where he built and led the firm’s derivatives research franchise and published more than 4,500 options trade recommendations. His work on asset allocation with options overlays has helped shape how many options-based mutual funds and ETFs think about sizing strategies like index put-selling.

Alternatives Watch spoke with Ken Kwalik, Carrick Lane’s co-founder and managing partner, about what Marshall’s arrival enables, how advisors should think about options within a private client portfolio, and where the firm sees opportunity as investors watch the AI-driven equity rally for signs of stress.

Read the full article at AlternativesWatch →