Coverage, charts, video and research on Private Markets for universal owners.
The recent limits do not yet amount to a system-wide credit crisis. They reveal the bargain inside semi-liquid funds: the loan portfolio is protected by making investors wait, find another buyer or accept a discount.
Private markets remain a structural advantage for long-horizon capital. The danger is that capital calls, benefit payments, collateral demands and withdrawal requests can stop behaving like separate risks when public markets fall.
What the new rules mean for Asia's private-capital race - and how families, fund managers and policymakers should read a moment that is easier to announce than to bank.
Decades of institutional data challenge the private equity return premium. Cambridge Associates' 2023 study shows public equity delivered superior net-of-fees returns to investors since 1995.
Sovereign wealth funds are expanding allocations to emerging-market local-currency debt as a source of yield and currency hedging. We examine the institutional approach, key risks, and how major allocators structure these positions.
European pension funds and sovereign wealth funds are repositioning capital toward defense contractors and private markets as NATO members commit to sustained rearmament. We examine the allocation drivers, governance considerations, and risk framework for long-term institutional allocators.
What tokenization of real-world assets means for large asset owners, where the market stands in 2026, and the practical case for and against.
Institutional investors increasingly allocate to infrastructure for yield and diversification. Return benchmarks vary by asset class, geography, and vintage year, with established performance indices guiding allocation decisions.
Real estate risk-return hierarchy ranges from stabilized core holdings to opportunistic development plays. Core-plus occupies the pragmatic middle ground for institutions seeking yield with controlled upside exposure.
Ten-year private equity returns have delivered competitive performance for institutional investors, though vintage-year selection and fee drag remain critical variables. Current market conditions are reshaping return assumptions.
Institutional investors increasingly structure private market allocations to deliver dual-mandate returns. This guide examines how asset owners implement impact strategies across private equity, infrastructure, and real assets.
The Alternative Investment Fund Managers Directive (AIFMD) is the primary EU regulatory framework establishing authorization, operational, and transparency standards for managers of alternative investment funds. Compliance is mandatory for most institutional fund managers across the European Economi
Research, charts, video and podcast analysis for the institutions investing at the scale of the world.
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