Private markets are transforming the investment landscape – reshaping portfolios, expanding access, and driving growth across asset classes from private equity to infrastructure and private credit. Once the domain of institutions, private markets are increasingly accessible to individual investors, offering new ways to pursue diversification and long-term opportunity.

In this episode of BlackRock's investment podcast The Bid, host Oscar Pulido is joined by Cameron Joyce, Head of Research Insights at Preqin, a part of BlackRock, to explore how private markets could reshape portfolios and investment opportunities by 2030, as published in Preqin's Private Markets in 2030 report. Cameron shares why the asset class has surged from $11tn pre-pandemic to an expected $32tn by the end of the decade – and what this evolution means for investors.

On December 11, 2025 they discussed how companies are staying private longer, why liquidity dynamics are shifting, and how new fund structures are widening accessibility for individuals and retirement savers alike. Cameron breaks down the three major growth engines powering the sector: private equity, infrastructure, and private credit – and explains how megaforces like AI and energy transition are creating new opportunities within each.

^{This content is for informational purposes only and is not an offer or a solicitation. Reliance upon information in this material is at the sole discretion of the listener. Reference to any company or investment strategy mentioned is for illustrative purposes only and not investment advice. For full disclosures, visit The Bid Disclosures | BlackRock}