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Private Investing in 2025: Vintage Timing, Real Returns
Private markets are facing headwinds, from reduced liquidity to fewer distributions, and many investors are wondering whether these assets still belong in a long-term portfolio.
In this episode of The Wealth Enterprise Briefing, Michael Zeuner, managing partner, and Deputy CIO Matt Farrell revisit the fundamentals of private investing and explore how families can approach this space more deliberately during challenging cycles.
They offer perspective on how to think about recent performance data, why IRRs can mislead in periods of low exit activity and what to keep in mind when evaluating new…
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