Private Markets Perspectives Q2 Webinar

The "all-weather" thesis for European private credit still stands. Demand continues to outstrip supply, banks remain constrained, and a substantial illiquidity premium persists. This paper addresses the concerns currently shaping market sentiment: high-profile non-private credit defaults such as First Brands, AI disruption, and BDCs. It also examines comparisons to the 2008 financial crisis and explains why none of these concerns fundamentally alter the investment case.

Use The BEAT™ as your timely resource for the markets. Each edition gives you ideas and insights that show you how to navigate the current investment environment.

In this quarter’s webinar, our investment leaders provided an update on the signals observed in the latest private markets data, a summary of the latest private markets asset class views, and a deep dive into private credit, including addressing recent concerns regarding software exposure.

Water has long been treated as a cheap industrial input. That assumption is starting to fail. As mines, semiconductor fabrication plants and data centers expand in water-stressed regions, access to a reliable supply is becoming a constraint on growth, permitting and returns on capital.