Private credit has grown into a $40 trillion market and can offer yield, diversification, and income that public markets struggle to deliver. Rather than committing to a fund at inception, credit secondaries can allow investors to gain exposure to seasoned, performing portfolios — often with greater visibility into underlying assets at the time of investment and the potential for earlier distributions. For investors building or scaling a private credit allocation, credit secondaries can serve as a complementary sleeve alongside primary commitments: one that adds diversification across vintages, managers and deal types from day one.
Private Equity: Six Key Considerations for Investors
With public equity markets near all-time highs and the future uncertain, we believe private equity can be a meaningful path to building wealth over time. It offers the chance to be an active owner with direct control over how value is created across a more diversified opportunity set.
Key Questions Addressed:
• Why does private equity outperform public markets?
• Has the environment for generating private equity returns fundamentally changed?
• Is the middle market still the best place to allocate within private equity?
• How are top private equity managers returning capital to investors in today’s liquidity-constrained environment?
Real Estate: After the Reset
Higher interest rates have contributed to a wholesale reset of valuations across the real estate market. Apollo’s Bert Crouch discusses why fundamentals in sectors like housing, logistics, and senior living remain resilient, and where investors are finding opportunities in a market increasingly shaped by demographic trends, the need for operational expertise, and mounting demand for “HALO” assets.