Although the strategic implications of the COVID-19 pandemic for private markets are still coming into focus, examination of prior event-driven crises suggests the subsequent special situation opportunity set is likely to be material. The COVID-19 pandemic has created a degree of economic turbulence and levels of unemployment not seen in generations. The public health crisis […]
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As a number of crosscurrents swirl around the private markets ecosystem, including virus-related concerns, public market volatility, high historic valuations and rampant economic uncertainty, we share our thoughts on key elements of our ecosystem. A key strength of the Portfolio Advisors platform is the ability to operate across market cycles. Our investment philosophy is grounded […]
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Secular changes in the investment landscape and a global focus on risk-adjusted returns have highlighted private credit as an all-weather solution within the private markets universe. More than ten years after the global financial crisis, private credit has become cemented among investors worldwide as a core alternative debt strategy. A decade of consistent, but subtrend, […]
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Opportunities for prudent, selective investing in European commercial real estate markets will likely continue through the coming year – and beyond. Around the globe, commercial real estate has continued to attract investor interest over the past year. This reflects positive trends in the job markets, low interest rates with low inflation, healthy regional dynamics, and […]
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As the current real estate cycle ages, opportunities to generate attractive total returns from income and appreciation, in tandem with strong defensive characteristics, have increasingly brought our focus to affordable workforce housing. The U.S. real estate markets remain in good health as we pass the tenth anniversary of the global financial crisis. Traditional late-cycle economic […]
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Last year’s global equity market uncertainty, higher interest rates, escalating trade tensions and geopolitical crosscurrents largely masked what may be a particularly attractive time to consider private market investments in Asia. Volatility among Asian equity markets increased dramatically in 2018, national market indexes dropped steeply and the Chinese economy has been impacted by a trade […]
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Last year’s global equity market uncertainty, higher interest rates, escalating trade tensions and geopolitical crosscurrents largely masked what may be a particularly attractive time to consider private market investments in Asia. Volatility among Asian equity markets increased dramatically in 2018, national market indexes dropped steeply and the Chinese economy has been impacted by a trade […]
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Real estate has evolved into a global asset class that can be tailored to meet specific goals and objectives. Investing in private real estate was introduced to institutional portfolios in the 1970s to provide diversification and generate attractive long-term current income returns, with low correlations to other asset classes. Initially, investors had limited investment and […]
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Investing alongside top-tier private equity sponsors can deliver substantial benefits to limited and general partners alike. As private equity has grown as an asset class, the dynamics between fund managers, investors and the companies in which they invest have also evolved. Among the more prominent developments in recent years has been the explosive growth of […]
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A carefully constructed portfolio of primary fund investments can offer greater return dispersion and the potential for lower overall portfolio risk. Alternative investment programs are often managed through the use of private investment vehicles, or primary funds, engaged in direct buyout, venture capital, or special situations strategies. These strategies and structures can provide a host […]
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