Yields, jobs and capital supply: How macro trends are reshaping private markets
18 months ago, a forecast of surging private valuations and skyrocketing stocks seemed absurd. These days, large swaths of the financial markets couldn’t look more buoyant—and a multitude of interesting storylines has emerged from the chaos.
Our latest Quantitative Perspectives report features nearly 70 pages of data and 75 charts, offering a bird’s-eye view of alternative markets and illuminating key trends across a range of investment strategies.
Takeaways include
- Fund cash flows, featuring full-year 2020 data capturing the rebound in average distributions and the record distributions by venture funds
- The macro landscape, detailing how inflationary pressure and yield compression have pushed allocators to the private markets
- Impact investing and its effect on real assets fundraising, particularly energy and agriculture
- Debt markets and how their relationship to high-yield bonds may guide debt loads in PE buyouts
Table of Contents
| Introduction | 2 |
| The market landscape | 4 |
| Equity markets | 17 |
| Equity markets spotlight: Fund cash flows | 35 |
| Real estate | 44 |
| Real assets | 55 |
| Debt markets | 62 |
