Private Markets Asset Classes Performance – Reality Versus Rhetoric
Private markets offer diversification and long-term performance potential, but opacity, illiquidity, and inflated marks can distort the picture. Reported gains don’t always equal realized value.
Virtus’ analysis emphasizes the importance of focusing on realized IRR and DPI, rather than relying solely on mark-to-market IRR and TVPI. True success lies in disciplined manager selection, rigorous due diligence, and outcomes grounded in cash returned, not paper gains. Learn more below: