Private Markets Edit: New York Life Investments, Apollo, and more

Why should allocators increase their exposures to private markets?

This second edition of the Savvy Investor Edit series continues in its exploration of private markets. This part of the financial world continues to evolve fast, thus offering new opportunities for alpha generation and portfolio diversification. Read below to find powerful insights from the likes of Nuveen, Apollo, and StepStone Group, among others.

Is Private Equity the New Small Cap? (NEPC)

The trend for the number of publicly listed U.S. companies to decline over the past decade has disproportionately impacted smaller companies.

How Secondaries Can Enhance Your Investment Strategy (Nuveen)

In this report, Nuveen studies the attractions of private equity secondaries for investors looking for extra return or diversification benefits.

On U.S. Private Markets with Apogem and Bow River (New York Life Investments)

Explore the forces shaping the U.S. private markets in today's macroeconomic and geopolitical environment.

Private Equity Discipline in Uncertain Conditions (StepStone Group)

Historically, mature private equity portfolios have distributed 20–25% of NAV annually. In recent years, this number has dropped to 10–15%.

Private Markets ETFs: A Primer (Brown Brothers Harriman)

Unlike most public securities, private markets assets, such as private equity, private debt, and private real estate, are generally illiquid.

Why Care about Private Markets Even If... (Morningstar Indexes)

Recent growth in private equity, venture capital, private debt, and other such funds has been truly astounding.

Alternative Data during the Shutdown (Apollo)

This chart pack explores how have private markets have managed so far during the recent U.S. government shutdown.

A Liquid Alternative to Private Equity Investments (Robeco)

Private equity investors generally enjoy closer alignment with management than public shareholders, reducing agency costs such as excessive pay or empire building.