Investment options

Our private markets investment programs provide access to private equity, private real estate, private debt and private infrastructure for institutional and private investors. We tailor risk/return profiles to meet client needs through a single or multi-asset class investment approach, combining equity and debt exposures. Our investment options allow investors to find the ideal fit for their requirements with regard to:

• Asset class: private equity, private debt, private real estate, private infrastructure
• Capital focus: equity (capital opportunity) or debt (income-oriented)
• Portfolio combination: single asset class, multi-asset class

Alongside traditional private markets vehicles such as comingled, closed-ended limited partnerships, we also provide access to privately held assets that offer a greater amount of liquidity. These vehicles allow both institutional and private investors to invest in assets held outside of capital markets and actively benefit from value creation efforts, while offering a predefined level of liquidity. We offer clients the following liquidity profiles:

• No liquidity (closed-ended structures): long-term limited partnership agreements with 10- to 12-year lock up periods
• Monthly/quarterly liquidity (open-ended): semi-liquid investment products which provide diversified access to private markets assets
• Daily liquidity (fully open-ended): liquid investment products structured to offer exposure to listed private markets in combination with traditional private markets asset classes 

We believe our longstanding expertise in providing private markets investment programs with certain periodic liquidity features, combined with our strong structuring capabilities and global investment platform across private markets asset classes, positions us well to tackle the structural challenges inherent in many jurisdictions for more stringently regulated investors. We offer different investment options with regard to:

• Investor type (private or institutional): depending on the type of investor, certain structuring features are required to allow them to gain exposure to private markets. We can address these needs through tailored mandates and suitable investment programs
• Investor jurisdiction: we have successfully established regional investment programs which are compliant with investors' respective jurisdictions
• Defined contribution (DC): we have developed investment products for the world's three largest DC pension markets, the US, the UK and Australia. These provide DC plan investors with the opportunity to access the outperformance potential and diversification benefits of private markets