Private markets are navigating one of the most complex investing environments in recent memory. Funds raised during an era of low interest rates and abundant liqudity are now operating in a market defined by higher capital costs, extended hold periods, constrained exits and increased LP scrutiny. This panel will explore how investors and fund managers are adapting in real time – from managing aging portfolio assets and “zombie funds” to utilizing GP stakes transactions, continuation vehicles and other liquidity solutions. Panelists will also touch on other aspects within the PE Life Cycle including fundraising in a more selective envinroment, evolving LP expectiations and how underwriting and deployment strategies are changing as macroeconomic assumptions continue to shift.
The discussion will focus on how firms are balancing patience, discipline and innovation – including new innovations in insurance as a liquidity too, while pursuing opportunities in a market that looks dramatically different from the one in which many of these funds were originally raised.