June 2024 – We provide an update on our portfolio performance, as well as share our current thinking on the property market and economy.

Did investor demand for private assets see more companies go private? Or did more quality companies opting to raise capital through private market attract investors?  It’s a little bit of ‘chicken and egg’. But it doesn’t really matter. Private capital markets are increasing significantly in size globally, and there is opportunity all over. Because having reached a critical mass, there is significant opportunity coming for retail investors to now participate right across private markets. These are not new types of assets or new types of investments. It’s just that until now, they have largely been the domain of the institutional and wholesale investors.

Did investor demand for private assets see more companies go private? Or did more quality companies opting to raise capital through private market attract investors?  It’s a little bit of ‘chicken and egg’. But it doesn’t really matter. Private capital markets are increasing significantly in size globally, and there is opportunity all over. Because having reached a critical mass, there is significant opportunity coming for retail investors to now participate right across private markets. These are not new types of assets or new types of investments. It’s just that until now, they have largely been the domain of the institutional and wholesale investors.