The recent U.S.-Iran escalation has brought geopolitical risk back to the center of the market narrative. With the Strait of Hormuz disrupted and energy markets under pressure, it has become harder to treat global conflicts as isolated events rather than drivers of inflation, trade friction, and investment risk.
Q3 gave Private Markets its exits back. Fundraising is another story
Global exit value rose 65% from Q2, while the number of funds closed fell 30% from a year earlier. The numbers that defined the quarter and what they mean for private investors.
