MSCI：2026全球私募市场现状报告：布局未来新机遇（英文版）（42页）.pdf

1、1The State of Private Markets 2026The State of Private Markets 2026 Building for whats next09Why clarity mattersAs private markets move into the mainstream,investors are demanding better data,consistent reporting standards and the analytical tools to see their total portfolio clearly.Table ofContent

2、sFive themes for investors nowFive forces are redefining private markets in 2026:stress in private credit,a liquidity drought,the AI build-out,the rise of evergreen funds and the blurring of asset-class boundaries.We examine each of them.14ConclusionPrivate markets are maturing and so is the infrast

3、ructure of data and analytics needed to navigate them with confidence.36Our dataset37A watershed momentPrivate markets have grown faster than the infrastructure supporting them.Better data,common standards and analytical rigor are closing the gap.03Performance snapshotVenture capital closed 2025 wit

4、h its first double-digit annual return since 2021.Elsewhere,the picture was not as bright.0504HighlightsThe State of Private Markets 20263The State of Private Markets 2026 A watershed momentA watershed momentPrivate markets are transforming the global financial ecosystem,becoming a cornerstone of in

5、stitutional and wealth portfolios alike.With rapid growth in recent years has come a commensurate rise in expectations for transparency,data quality and the kind of rigorous,timely insight into holdings and exposures that sophisticated allocators now apply across their entire portfolio.These are dem

6、ands that private markets were not historically built to meet.Navigating that gap is what this report sets out to explore.As I write this in the spring of 2026,the dynamics playing out across the industry are instructive.Pockets of stress have emerged most acutely within the private-credit market su