With Apac being the only region to post positive buyout returns in early 2026, investors are pivoting to hybrid manager frameworks and mid-market buyouts.
Canada’s second-largest pension investor sees the country as an active opportunity market across public equities and digital infrastructure, with corporate reforms potentially opening future private equity deals.
As public markets and large-cap private equity present valuation challenges, allocators are increasingly targeting the lower 'bottom half' of the market, inspired by operational upside and pricing inefficiencies.
They promise access to private markets without fully locking up capital but where do semiliquid funds fit in a portfolio? This piece examines the trade-offs, misconceptions, and practical considerations for investors.
Victor Ko, managing director at Neuberger Berman, explains why asset allocators should take a closer look at one of private markets' most compelling opportunities.