iCapital Chief Investment Strategist Sonali Basak Outlines Capital Allocation Strategy and Entry Discipline

Sonali Basak, Chief Investment Strategist at alternative investment platform iCapital, joined TheStreet to outline tactical asset allocation strategies for deploying new capital in the current market environment.
Basak emphasized a disciplined approach to cash deployment, advocating for patient liquidity management and waiting for constructive entry points across extended valuation multiples rather than chasing momentum. Despite broader market concentration risks, she highlighted selective equity sectors and secular themes that retain substantial room for upside, particularly areas benefiting from non-correlated earnings growth, structural capital expenditures, and resilient institutional cash flows.
The interview underscores an ongoing shift among institutional wealth managers toward balanced portfolio construction, pairing selective public equity exposure with private market alternatives to navigate late-cycle volatility.