Faith Driven Investor
Episode 179 - Marks on the Markets: Private Equity & Secondaries Outlook with Andrew Behrman & Chris Kim
Sep 3, 2024
In this discussion, Andrew Behrman, a Partner at Sovereign's Capital focusing on faith-driven investments, and Chris Kim, Founder of Argosy Strategic Partners specializing in secondary market private equity, delve into the intricacies of private equity and secondary markets. They explore the benefits of diversification amid rising interest rates and the growing importance of liquidity solutions. The duo also emphasizes faith-driven stewardship and the need for community engagement in navigating uncertain economic times.
42:16
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Quick takeaways
- The substantial growth of the private equity market highlights its potential for diversification, attracting both institutional and retail investors alike.
- The importance of the secondary market lies in providing liquidity for investors amid declining distributions, while emphasizing a long-term, faith-driven investment approach.
Deep dives
Growth of the Private Equity Market
The podcast discusses the significant growth potential of the private equity market, which currently represents around $14 to $15 trillion of the $120 trillion in global asset management. By 2028, estimates suggest that private markets could grow to between $20 to $25 trillion. Factors driving this growth include the lower correlation of private equity to public markets, offering potential diversification for investors. This trend highlights an increasing interest from both institutional and retail investors in accessing private market strategies.
