Private Markets 360°

In this episode of Private Markets 360°, we welcome Thomas Friedberger, Co-CIO of Tikehau Capital. Thomas discusses the shifting macro environment in private markets and the transition from efficiency to resilience as a new paradigm for value creation. With concerns ranging from long cycles of low growth to the evolving role of capital expenditure, Thomas offers a compelling view on how private markets must adapt to these profound changes. Thomas also shares Tikehau's low-leverage approach and focus on enablers of resilience, including energy transition, aerospace and defense, as well as opportunities across credit and debt. Credits: Host/Author: Chris Sparenberg and Jocelyn Lewis Guests: Thomas Friedberger Producer: Georgina Lee Published With Assistance From: Feranmi Adeoshun, Kimberly Olvany

In this episode of Private Markets 360°, we welcome Glenn Grimaldi, CEO of Naftali Credit Partners. Glenn discusses his journey from traditional banking to private credit and shares insights into the evolution of real estate debt markets. He explores Naftali Credit's rational and disciplined investment approach, its focus on sectors such as multifamily in gateway markets, and how the firm identifies value and manages risk. Glenn also discusses institutional investor engagement and the outlook for private credit as the sector continues to mature. Credits: Host/Author: Chris Sparenberg and Jocelyn Lewis Guests: Glenn Grimaldi Producer: Georgina Lee Published With Assistance From: Feranmi Adeoshun, Kimberly Olvany

Laura Kirk, Wellington Management’s private-investments capital formation leader and former Goldman Sachs executive, explores how public and private markets are converging. She discusses Wellington’s organic expansion, fundraising beyond the pitch, wealth-channel access, evergreen vehicles, private credit, secondaries, and the technology needed to bring integrated portfolios to more investors.

In this episode of Private Markets 360°, we welcome Melanie Levine, Partner and Global Head of Client Partnerships and Business Development at Davidson Kempner. Melanie shares her insights on how Davidson Kempner differentiates itself in the competitive landscape, the impact of current market trends on investor allocations, and what lies ahead for private markets. Melanie also discusses her journey to Davidson Kempner, from being the second hire on the fundraising team to co-managing the client partnerships and business development team today. More S&P Global Content: Your AI agents need to be principled and policy aligned. Learn more > Credits: Host/Author: Chris Sparenberg and Jocelyn Lewis Guests: Melanie Levine Producer: Georgina Lee Published With Assistance From: Feranmi Adeoshun, Kimberly Olvany

In this episode of Private Markets 360°, we welcome Rachel Barton, Global Lead for CEO Advisory and Private Equity at Accenture. Rachel shares insights from advising private equity firms across the full deal lifecycle and explains what's fundamentally different in private equity today. We discuss how the definition of having an edge has shifted, with firms now relying on advanced analytics, AI, and ecosystem collaboration to stay competitive as traditional sources of value become less reliable. Credits: Host/Author: Chris Sparenberg and Jocelyn Lewis Guests: Rachel Barton Producer: Georgina Lee Published With Assistance From: Feranmi Adeoshun, Kimberly Olvany www.spglobal.com www.spglobal.com/market-intelligence

In this episode of Private Markets 360°, we welcome Peter Aliprantis, Partner and Head of Private Wealth Americas at EQT. Peter discusses EQT's global growth, its "locals with locals" investment approach, and the acquisition of Coller Capital to expand its secondaries platform. He also explores the shift from public to private markets, the rise of evergreen structures, and how AI, data centers, and energy infrastructure are shaping long-term opportunities. Credits: Host/Author: Chris Sparenberg and Jocelyn Lewis Guests: Peter Aliprantis, EQT Producer: Georgina Lee Published With Assistance From: Feranmi Adeoshun, Kimberly Olvany www.spglobal.com www.spglobal.com/market-intelligence

David Hedalen, Head of Private Markets Strategy & Research at Aviva Investors, brings expertise in private real assets, infrastructure and private debt. He discusses using proprietary and third-party data for relative-value frameworks and portfolio construction. Topics include insurance-backed buy-and-maintain private debt, triangulating scarce European data, rising DC channel allocations and the blurring lines between infrastructure and real estate.

In this episode of Private Markets 360°, we welcome Alona Gornick, Managing Director, Senior Investment Strategist at Churchill Asset Management. Alona's journey from investment banking to deal origination at Churchill and now guiding wealth investors through a rapidly changing landscape highlights the importance of adaptability, discipline and transparency in today's market. She discusses Churchill's differentiated approach, the advantages of its integration with Nuveen's broader ecosystem, and its commitment to rigorous diligence and investor education. Alona also offers insights on the competitive dynamics of wealth management, the importance of consistency in deal structuring, and the critical questions high net worth investors should be asking in today's market. More S&P Global Content: Be the first to move on private markets value while it's still taking shape. Uncover Hidden Potential> Credits: Host/Author: Christina McNamara and Jocelyn Lewis Guests: Alona Gornick, Churchill Asset Management Producer: Georgina Lee Published With Assistance From: Sophie Carr, Kimberly Olvany www.spglobal.com www.spglobal.com/market-intelligence

Dane Graham, Partner at 17Capital with ~25 years in finance and a NAV finance pioneer. He explains how strategic NAV capital evolved from a niche fix into a mainstream tool. Topics include why 17Capital was founded, how NAV supports high-quality portfolios, misconceptions about distress capital, and how GPs now use repeatable, fit-for-purpose financing strategies.

In this episode of Private Markets 360°, we welcome Bob Belke, Managing Partner at Lovell Minnick, whose 26-year career began at TIAA and led him to help grow Lovell Minnick in its early days in 2000. Bob discusses what makes lower middle market buyouts different - especially the value of specialization, early outside institutional involvement, and a disciplined approach to investing - and how private equity has evolved over the past two decades. He also shares insights on today's market dynamics, the liquidity needs investors face, and why consistent value creation remains essential in a highly competitive environment. More S&P Global Content: S&P Global, Cambridge Associates, Mercer Private Markets Performance Analytics Credits: Host/Author: Chris Sparenberg and Jocelyn Lewis Guests: Robert Belke, Lovell Minnick Producer: Georgina Lee Published With Assistance From: Feranmi Adeoshun, Kimberly Olvany www.spglobal.com www.spglobal.com/market-intelligence