Private markets are seen as valuable components of the portfolio, but with challenges
Private markets
Costs
81%
The data highlights that private markets are not just an investment opportunity but also an operational challenge. High costs are a nearly universal concern, low liquidity is a concern for half, while execution and access issues were raised qualitatively by several funds.
Liquidity
50%
Operations
38%
Governance
31%
Complexity
25%
Macro factors (inflation, interest rates, etc.)
19%
Other
19%
‘Other’ includes valuations, successful execution and access
n = 16
18
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