No Going Back: New Realities in Private Markets

Investors believe that having access to accurate data is not only a competitive advantage, but also a driving factor to make informed investment decisions.

May 2023

Jesse Cole, our global head of Private Markets product, and Anna Bernasek, our global head of Thought Leadership, discuss the findings of our 2023 Future of Private Markets Study, including why organizations should consider investing in effective data and technology solutions.

Where are private markets headed?

Private markets investors are navigating new challenges amidst geopolitical tensions, market volatility, inflation and interest rate hikes. We asked 480 institutional investors across the globe to share their perspectives on the future of this asset class.


New challenges: Adapting to the changing macro, market and geopolitical environment

Despite the macroeconomic headwinds, appetite for private markets remains stable. However, with the changing industry landscape, organizations are placing greater emphasis on better data management practices and operational efficiency to help manage risk and achieve portfolio diversification.

How can organizations scale their infrastructure to meet the evolving business and regulatory requirements?


New solutions: Next generation data and technology

Democratization of private markets is set to accelerate growth, leading investors to rethink their data and technology investments, as well as their risk management strategies. As investors demand greater data transparency and standardization, organizations are considering investing in reporting tools and integrated platforms that can act as a single source of truth to make informed decisions.

What are the key trends organizations must consider to meet the data challenges?

The retail saga

New opportunities: Growth of retail investment in private markets

The three key factors driving greater investments in private markets are returns, income and diversification. As products are becoming more transparent and as managers learn to navigate the liquidity challenges, investors are seeing private markets as a profitable retail asset class. Our report deep dives into the increasing retail adoption of private markets.

All eyes on data

Authors and contributors

Jesse Cole
Global Head of Private Markets Product

James Redgrave

James Redgrave
Head of Thought Leadership and Editorial, Private Markets Research and Content

Michal Knowling

Michael Knowling
Head of Asset Owner and Insurance Segments


Stay Updated

Please send me State Street’s latest Insights.