Today, private markets shape capital formation, portfolio construction and financial stability. This report examines the expansion, risks and impact of personal markets on investors, policymakers, intermediaries and the investment career.
At a look
- Private markets at the moment are central to capital formation as more firms remain private longer and institutional allocations to non-public firms increase.
- The growth of personal markets is changing the structure of capital markets; That is, they’re changing the best way capital is sourced, priced, managed and deployed across the economy.
- Issuers, asset owners, intermediaries and policymakers are increasing the shift to non-public markets as firms seek flexible capital, investors seek higher returns, managers seek higher-fee products and governments seek long-term investment financing.
- Key success aspects include improved disclosure transparency, valuation standards, investor protection measures and governance monitoring.
- Investment professionals must construct the knowledge, skills and skills needed to strengthen valuation processes, liquidity planning, governance, performance measurement and systemic risk monitoring.
