S.2 Ep.7: The New Dynamics of Private Markets with Josh Lerner
The evolution of private markets, from direct lending to real estate, has given rise to new opportunities and risks for institutional investors to consider.
Introduction
Private markets have provided farmers, entrepreneurs, corporate tycoons and property developers with access to capital for centuries. But the current scale, growth and complexity of private capital is truly unprecedented – and is radically altering the investment opportunities and challenges facing institutional investors.
Private markets:
- Have grown to over $12 trillion
- Account for over 40% of all capital invested in the US – more than double their share in 2009
- Represent 35% of M&A activity – 10% more than a decade ago
Webinar Replay
Private capital has greater influence on markets and the global economy than ever before. Global pools of private capital, including private credit and real assets, have surged to more than $12 trillion, double the size from six years ago. Underpinning this growth, institutional investors have increased their exposure to private markets in search of yield and to reduce volatility in their portfolios.
The evolution of private markets has presented investors with a new set of opportunities as well as risks. In this webinar, PGIM experts examine the outlook for private market investing and consider some of the challenges that may come into play during a period of higher interest rates and inflation.
You may also like
2022 EMEA Investor Forum: The New Dynamics of Private Markets
PGIM’s flagship institutional event for EMEA features PGIM thought leaders, industry and policy experts, and senior investors from our most strategic clients.
PGIM Alts Forum: The Power of Alts in a Changing World
PGIM experts examine the value that exists within the private alternatives space, as well as the opportunities yet to be uncovered.
In the news
Private Markets Will Keep Up Momentum Amid Higher Rates
PGIM COO Taimur Hyat and Head of Thematic Research Shehriyar Antia spoke to Institutional Investor about the latest Megatrends research.
Slowing economy ushers private markets investors into new era, PGIM says
The Goldilocks-like conditions that facilitated a meteoric rise in private markets are changing, presenting new risks and opportunities for investors.