According to the 2019 eVestment Alternative Fund Administration Survey, the median respondent grew real assets under administration by +20.64% year-over-year and private equity and debt AUA by +11.35%. The survey also said that private markets general partners continued to adopt third-party fund administration at a rapid clip, which aligns with the overall rising interest in this asset class among institutional investors. Institutional investors have increasingly turned to alternatives as a means of improving performance and diversifying their portfolios.