Navigating Private Markets in a Liquidity Constrained Environment

Liquidity has remained a key challenge in private markets, not because the asset class is broken, but because the path to realising value has lengthened. In today’s higher-rate environment, the question is no longer just about outperformance, but whether the illiquidity premium is sufficient to justify long lock-ups and fees. Andrew White discusses this in the latest guest article for The Alternative Investor on Navigating Private Markets in a Liquidity Constrained Environment.