Challenges and Trends in Private Markets

The chapter explores the challenges faced in private equity and real estate markets due to lower multiples and decreased deal volume, impacting LP distributions and fundraising efforts. It discusses a concentration of commitment dollars, a trend towards larger funds, and varying performance between buyout and VC funds. Additionally, it delves into the changing market landscape, including the impact of higher interest rates, the resilience of industry players, and the importance of adapting to market opportunities for value creation.