BlackRock has released its annual Private Markets Outlook.
Fundamentals across private markets remain resilient, setting the stage for a new phase of growth in 2025, marked by elevated investment activity, a rise in exits, lower financing costs and more demand for long-term capital. Industry estimates project private markets will grow from $13 trillion today to more than $20 trillion by 2030. All client segments, especially retail wealth, are expected to increase their allocations to private markets as they seek long-dated, profitable assets to match long-dated liabilities. This new wave of investment into the real economy should help transform markets and economies. One major growth area is AI, which presents a range of opportunities across all private asset classes.
“Investors everywhere are keen on private markets,” said Mark Wiedman, head of BlackRock’s global client business. “Today, the sector accounts for $13 trillion, but we expect it to grow to more th
