Analysis

Capital Markets · Provenance · Infrastructure

Long Form · 01

The Mirage and Oasis of Private Markets

By our analysis, $35 trillion of capital is stranded—turnover runs 1.5% a year, deal cycles six months, and transaction costs 5–30%. A position paper on why the world’s most important capital is trapped, and what it will take to free it.

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Long Form · 02

The Institution’s Guide to Restructure Private Markets

Sovereigns, pensions, and foundations are ready to deploy directly into private markets. They need provenance infrastructure and an exchange they can trust. A guide for the institutions that move first.

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