PREQIN PICKS | PARTNER REPORT
Preqin Picks: Private Markets Outlook: BlackRock Alternatives on turbulence and optimism in 2023
December 14, 2022
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Investors had little reason to love 2022.
It was a year that brought market upheaval, geopolitical instability and economic conditions that few could have foreseen.
Although 2023 is expected to bring with it some turbulence, at BlackRock Alternatives the outlook for the new year is one of cautious optimism.
Near-term uncertainty presents an opportunity for investors to achieve their long-term objectives by continuing to invest in durable global trends, such as the net-zero transition, ever-expanding technology adoption, and emerging demographic shifts.
More and more companies are turning to the private markets for their capital and financing needs, enlarging the field of potential investments. And history tells us that even through periods of turmoil private assets can continue to perform well on an absolute and relative basis.
While we acknowledge the challenges that may come, we’re nevertheless optimistic that our worldwide network of relationships, rigorous selection process, and sophisticated risk analytics can deliver the best in private markets for our clients, no matter the market cycle.
You can read our full outlook for private markets, including deeper dives by asset class, by visiting BlackRock Alternatives' website to download the report.
Edwin Conway
Global Head of BlackRock Alternatives
About BlackRock Alternatives
BlackRock Alternatives serves investors seeking outperformance in real estate, infrastructure, private equity, credit, hedge funds and alternative solutions. We strive to bring our investors the highest quality investments by drawing upon our global footprint, superior execution capabilities and position as a preferred partner. BlackRock manages US$313bn in alternative investments and commitments on behalf of clients worldwide as of September 30, 2022.
www.blackrock.com/alternatives
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Changes in the rates of exchange between currencies may cause the value of investments to diminish or increase. Fluctuation may be particularly marked in the case of a higher volatility fund and the value of an investment may fall suddenly and substantially. Levels and basis of taxation may change from time to time.
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