The Portfolio Lens: Liquidity

Evolving market conditions have brought liquidity considerations to the forefront, with investors increasingly focused on access to capital across different market environments. While these concerns are valid—particularly for vehicles with limited liquidity—we believe they should be viewed in the context of the asset class’s structure and objectives. Periods of market dislocation can create attractive opportunities in private markets, where long-term capital is often better positioned to take advantage of inefficiencies.