Just recently, I attended an interesting conference organized by With Intelligence, an investment data platform. One of the panel discussions was on private markets, and allocators and CIOs on the panel expressed their interest in allocating to private assets. The rationale behind their comments was not new: Private markets provide interesting returns and offer investment opportunities you will no...
The article discusses the potential benefits and challenges of investing in private assets, particularly private equity and infrastructure, in the context of rapidly developing artificial intelligence (AI). While these assets offer attractive returns compared to public markets and play an important role in modern economies, there are concerns about overoptimism regarding AI's potential in the public markets and the disruptive nature of AI on traditional business models. Investors are starting to...