NEPC was mentioned in a recent Forbes article to highlight Sarah Samuels’ warning about continued valuation declines in private equity and venture capital, along with concerns over mounting liquidity pressures. View excerpts below or read the full article on the Forbes site here.
“In a time of rising market uncertainty, sophisticated investors are making strategic shifts in their portfolio allocations to navigate an evolving investment landscape. After two years of double-digit outperformance in public equities, it is not surprising that investors are looking to increase their exposure to private markets, seeking diversification and perceived stability. However, this trend is not without risks, as private market valuations can create an illusion of security in an environment where liquidity constraints may be mounting.”
. . .
“Additionally, consulting firms like NEPC have warned investors about potential valuation declines in private equity and venture capital. Many firms have avoided markdowns by opting for insider rounds and bridge financing to maintain valuations, but mounting liquidity pressures remain a concern.”