October PMI – The Private Equity S&P, Plus AI’s railroad problem
The launch of the S&P Private Equity 50 benchmark, addressing private equity performance measurement. Plus, challenges in AI infrastructure investments.
Browsing Tag
Private Equity
45 posts
Articles and research exploring strategies, trends, and insights in private equity, from buyouts and growth capital to portfolio management and exit dynamics.
The Resurgence of IPOs: Can Public Markets Unlock Private Investment Liquidity?
In 2025, IPO markets show signs of recovery, easing liquidity for private investors. Secondary markets also thrive, but a significant backlog remains, requiring consistent market stability for future growth.
Kicking Off a New Era in Football Finance
Private capital is transforming European football, with US investors increasingly buying minority stakes in clubs, while private debt and multi-club ownership expand.
$4 Trillion and Counting: Nvidia Becomes the New Center of Gravity for AI
NVIDIA has become the first public company to briefly reach a $4 trillion market cap, reflecting AI's immense market value and its key role in driving technological advancement and industry demand.
Summer 25 Solstice Report
The Summer Solstice Report is the second edition of Clockwork’s biannual, high-signal briefing for asset owners, institutional investors, family offices, and private capital allocators.
When the Smart Money Sells: What Yale’s $6B Private Equity Exit Signals for the Secondaries Market
Yale's $6B private equity sale signals a shift in risk management for long-term investors, emphasizing strategic liquidity and portfolio rebalancing in response to evolving market conditions.
Chasing Liquidity
Secondaries surged to $152 billion in 2024 as LPs seek liquidity and GP-led deals approach parity. Pricing improved in buyout and infrastructure while venture stayed volatile. Mega managers amassed funds.
NAV-Based Credit Facilities: Liquidity Without the Exit
NAV-based credit facilities provide private market funds liquidity by allowing them to borrow against their portfolio's net asset value, facilitating capital access without asset liquidation or disrupting investment strategies.
Is Private Credit Eating Private Equity’s Lunch? The Fight for Dry Powder
Private equity and private credit are competing for the same capital amid changing market conditions. Allocators prioritize yield and fast deployment, leading to a shift in investment strategies and fundraising dynamics.
The New Liquidity Playbook: Balancing Flexibility and Growth in Private Markets
How innovative financial structures like evergreen funds, private asset ETFs, and private credit funds are enhancing liquidity in private markets while supporting long-term growth and investment strategies.