Relative value approach
Changing market conditions, as well as transformative and regional trends, can significantly affect the attractiveness of different sectors and industries. We therefore look to optimize returns by dynamically responding to market dislocations.
We conduct regular analysis to identify and further define those sectors, regions, and industry strategies likely to offer higher value relative to other segments at that time. While our relative value approach offers the potential to identify the most attractive returns from a top-down perspective, it requires a comprehensive array of skills and can only be successfully implemented from the bottom-up by a large, globally integrated team with a broad industry network, strong deal flow and experience across economic cycles.
We summarize our relative value approach and current outlook for all private markets asset classes on an annual basis in our Private Markets Navigator.