Enter the interval fundsFor many years, most investors in private markets were large institutions like pension funds, endowments and foundations. Among the most popular vehicles for investing in private markets are interval funds, which Cerulli says now hold about $132 billion. Advisors who want to put clients in private markets "have to go find the opportunities, do due diligence on those opportunities, and then they have to actually execute," Kaji said. Advisors and asset managers aren't the only ones pushing for greater access to private markets. Perhaps even more than regulatory change, Kaji said, is thoroughgoing instruction for advisors on the potential and pitfalls of private markets.