The Valt Journal #43
Featuring latest research on Private Credit (KKR, TPG, TCW, Nuveen); PE (Nuveen, Neuberger Berman); Alts as an asset class (Pantheon, Partners Group, MS); RE/Infra, Tech, Energy (Abrdn, HarbourVest)
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TVJ Spotlights 🔦 featured in this edition:
Pantheon perspectives: Private markets in 2025 (by Pantheon)
Private market outlook and investor views - APAC (by Preqin)
Accessing private markets: Evergreen funds (by Partners Group)
Asset-based credit in 2025: Powering ahead (by TPG)
All about ABF: The benefits and strategies of asset-backed finance (by TCW)
Numbers this edition
Links: 56
Authors: 28
PRIVATE MARKETS AND ALTERNATIVE ASSETS
TVJ Spotlight 🔦
📝 Pantheon perspectives: Private markets in 2025 (Pantheon)
📝 Private market outlook and investor views - APAC (Preqin)
📝 Accessing private markets: Evergreen funds (Partners Group)
📝 Global pension fund consolidation mergers (State Street)
📝 Big picture - Key themes for 2025 (Morgan Stanley)
📝 Global wealth investment playbook (KKR)
📝 Putting themes to work for your portfolio (Robeco)
📝 Global M&A Report 2025 How leaders are adapting to meet the moment (Bain)
📝 What Trump 2.0 means for the economy and markets (Amundi)
📝 Markets: A tug of war between inflation fears and optimism (Amundi)
✏️ US and Europe private company trends: Bucking the trend (ICG)
✏️ Private markets: As the ice breaks (Neuberger Berman)
✏️ Turning illiquid asset into a liquid one (Institutional Investor)
✏️ Pursuing private assets for diversified returns (Institutional Investor)
✏️ Is there a better alternative to the endowment model? (Institutional Investor)
✏️ Unlocking Africa’s potential through smart private investment (BCG)
PRIVATE CREDIT x FIXED INCOME
TVJ Spotlight 🔦
📝 Asset-based credit in 2025: Powering ahead (TPG)
📝 All about ABF: The benefits and strategies of asset-backed finance (TCW)
📝 KKR Credit and Markets: Outlook 2025 and Q4 2024 review (KKR)
📝 Unraveling 9 key questions about credits – The 2025 edition (Robeco)
📝 An acceleration in the global flywheel (KKR)
📝 What CLO investors should know in 2025 (Nuveen)
✏️ A broader toolkit to capitalize on the credit opportunity (Blackstone)
📝 An income fix amid tariff turbulence (Nuveen)
✏️ Work the problem (Blackstone)
✏️ The corporate credit route to urban logistics (ICG)
✏️ Emerging markets: Potential opportunity (Neuberger Berman)
✏️ Why ‘A’-rated debt may be the riskiest in 2025 (Impax)
✏️ Local currency bonds: The next frontier (Neuberger Berman)
✏️ Debt ceiling uncertainty: Impact on money markets? (Goldman Sachs)
✏️ Three years of responsible horizons euro impact bond (BNY Mellon)
📜 Periodicals »
📝 Permira credit market update Q4 2024 (Permira)
📝 Corporate pension monthly (Goldman Sachs)
📝 Global fixed income weekly (Goldman Sachs)
PRIVATE EQUITY
📝 Private equity impact report 2023 – 2024 (Nuveen)
✏️ What do tariffs mean for private equity? (Neuberger Berman)
SECTOR FOCUS
Energy Transition x Climate Finance
✏️ Climate investing across private markets: A return-focused perspective (HarbourVest)
✏️ Green newsletter Feb 2025: EV tariff war and carbon pricing policies (Schroders)
✏️ Reduce, recycle, reshore: localization is revving up circular revolution (Robeco)
✏️ Five things to watch in energy markets in 2025 (Institutional Investor)
✏️ Energy transition : Navigating change and stability (Natixis)
✏️ Denying climate causality won’t alter the changing investment landscape (Impax)
Real Estate x Infrastructure
📝 The infrastructure evolution: investing in energy megatrends (Nuveen)
📝 C-PACE outlook amid economic and political shifts (Nuveen)
📝 Investing in commercial property assessed clean energy (C-PACE) (Nuveen)
✏️ UK commercial real estate recovery (UBS)
✏️ Homing in on the UK’s build-to-rent sector (Abrdn)
✏️ European real estate market outlook Q1 2025 (Abrdn)
✏️ North America real estate market outlook Q1 2025 (Abrdn)
✏️ UK real estate market outlook Q1 2025 (Abrdn)
✏️ Asia-Pacific (APAC) real estate market outlook Q1 2025 (Abrdn)
AI x Tech
✏️ The next wave of enterprise AI: Horizontal and vertical solutions (Lightspeed)
✏️ DeepSeek and the AI arms race (State Street)
✏️ DeepSeek disruption: What it means for investors (Principal AM)
✏️ Generative SF: What’s next in crypto, AI, and blockchain (Lightspeed)
✏️ What’s next for pharmacy benefit managers? (Neuberger Berman)
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