Post by Koda Capital

A recent article in The Australian Financial Review by Alexandra Cain highlights how wealth managers are currently navigating private markets, with a clear shift towards greater selectivity. Key themes include: - Strong demand for secondaries and value-add buyouts - Caution on SaaS-heavy private equity and credit funds - Softer return expectations in private credit - Renewed interest in venture, driven by AI - Infrastructure continuing to play a defensive role As Koda Capital Chief Investment Officer Norman Zhang, CFA notes, parts of the market, particularly 2021–22 SaaS vintages, remain under pressure as valuations adjust. The broader takeaway is clear: private markets still offer diversification and access to growth ahead of public listings. But in a more complex environment, outcomes are increasingly driven by manager selection, sector exposure and timing, because ultimately, dispersion is rising and selectivity matters more. Read the full article here https://lnkd.in/gqN7pqzk or go to our website https://lnkd.in/g7v8qX5c. #KodaCapital #PrivateMarkets #WealthManagement #Alternatives