Private market investors are in a tricky bind: they have record amounts of cash to invest, but they have to do so at a time late in the investment cycle and at prices that many consider expensive. We’ll gather key stakeholders to discuss the current climate and which asset classes hold the most opportunity to meet institutional investors’ needs, as well as how strategies need to develop and what it all means for competition.

Limited and general partnership relationships have evolved in recent years and now LPs are increasingly forcing GPs to give up more of the economics. We’ve started to see large LPs moving up the value chain, doing direct and co-invests with private equity funds, originating their own loans, and direct buyouts. So what does the future look like for this partnership, and where will collaboration continue to be the norm versus going it on your own? Also how is the changing face of the LP changing how buyout managers look at their own playbook/strategies? We’ll gather thought leaders in the space to discuss the shift and the implications for investment.

Large swaths of institutional investors have been flocking to private debt strategies, with direct lending as one of the biggest pieces of the pie. Assets under management continue on an upward trajectory with some projecting the industry could reach $2.5 trillion in as few as 10 years. With so much capital coming in, are returns under threat? Some are calling the markets concentrated and under-deployed while others say it’s just experiencing healthy growth. We’ll discuss where we are in this cycle and whether bubble fears are overblown.