Private equity, private debt, venture capital, real estate, and other private markets have historically reaped the benefits of increased capital inflows and strong relative performance. However, concerns arise amidst a challenging macroeconomic environment, leading to questions about the future of private markets. According to market analysts, while near-term growth is expected to be relatively moderate, the long-term outlook remains optimistic, with the US$10 trillion private markets industry projected to grow at a compounded annual rate of 12% to reach US$17 trillion in assets over the next four years.