Steffen Meister, the Executive Chairman of our Board, was a keynote speaker at IPEM in Paris. In his speech, Steffen explained that private markets have become the new traditional asset class and outlined his key predictions for the industry's future. This includes how the democratization of private markets is leading to new entrants, which could change the investor landscape; why transformational investing can build resilience during the biggest economic recalibration ever; and what the increased scale of private markets means for allocation strategies.