Topic

Private Markets

Coverage, charts, video and research on Private Markets for universal owners.

Latest in Private Markets
Private Markets

Impact Investing in Private Markets: A Guide for Institutions

Institutional investors increasingly integrate impact mandates into private markets allocations, balancing financial performance with measurable environmental and social outcomes. This guide examines governance, fund selection, and reporting frameworks for asset owners seeking intentional capital de

UAO Editorial · Jun 30, 2026
Private Markets

Real Assets vs Private Equity: How Institutions Allocate

Institutional investors face a fundamental choice: allocate to real assets for inflation protection and yield, or private equity for capital appreciation. Leading pension funds and sovereign wealth funds now deploy both strategies, reflecting distinct risk-return profiles and portfolio roles.

UAO Editorial · Jun 30, 2026
Private Markets

Private Markets Due Diligence: A Framework for Asset Owners

Institutional asset owners allocating to private markets face material due diligence demands across governance, fees, and operational controls. This framework synthesizes regulatory standards and practitioner experience to establish a replicable checklist.

UAO Editorial · Jun 30, 2026
Private Markets

AIFMD Explained: What Institutional Investors Need to Know

The Alternative Investment Fund Managers Directive sets operational and disclosure standards for fund managers across the EU. Institutional investors must understand AIFMD compliance requirements when allocating to European-domiciled or EU-regulated alternative funds.

UAO Editorial · Jun 30, 2026
Private Markets

Private Equity Buyouts, Explained

Private equity buyouts represent the core investment mechanism through which PE funds acquire control of operating companies. This article examines acquisition mechanics, leverage structures, value creation frameworks, and exit strategies—essential knowledge for long-term allocators evaluating PE ex

UAO Editorial · Jun 30, 2026
Private Markets

Private Credit Strategies: A Guide for Institutional Allocators

Institutional investors increasingly allocate to private credit as an alternative to public fixed income. This guide examines core strategy types, manager selection, and implementation frameworks for long-term capital.

UAO Editorial · Jun 30, 2026
Private Markets

Growth Equity vs Venture Capital: What's the Difference?

Growth equity and venture capital are distinct private markets strategies serving different company lifecycle stages. Understanding their structural differences—from capital requirements to governance—is critical for long-term portfolio construction.

UAO Editorial · Jun 30, 2026
Private Markets

Fund of Funds in Private Equity, Explained

Fund of funds vehicles allow institutional investors to gain diversified exposure to private equity through multiple underlying managers and strategies. We explain the structural mechanics, fee implications, and governance considerations for long-term allocators.

UAO Editorial · Jun 30, 2026
Private Markets

Direct Investment in Private Equity: What Institutions Need to Know

Direct investment in private equity represents a structural alternative to traditional fund commitments, enabling institutional allocators to participate in deal-level economics while exercising meaningful governance oversight. This article examines mechanics, cost structures, and implementation req

UAO Editorial · Jun 30, 2026
Private Markets

How Asset Owners Build Co-Investment Programmes

Co-investment programmes allow asset owners to deploy capital directly in private markets deals, bypassing fund fees and gaining board-level visibility. This article examines the governance structures, legal vehicles, and partnership models institutional investors use to scale these programmes.

UAO Editorial · Jun 30, 2026
Private Markets

PME (Public Market Equivalent) Benchmarking for Private Equity

Public Market Equivalent benchmarking has become the industry standard for evaluating private equity performance. We examine methodologies, institutional implementation, and the implications for allocator governance.

UAO Editorial · Jun 30, 2026
Private Markets

Management Fees and Carry in Private Equity, Explained

Private equity compensation structures—management fees and carried interest—determine GP behavior, fund economics, and LP returns. Understanding their mechanics and market evolution is essential for allocators evaluating manager selection and fund terms.

UAO Editorial · Jun 30, 2026
The Daily Brief

The morning briefing for the people who allocate long-horizon capital.

Research, charts, video and podcast analysis for the institutions investing at the scale of the world.