After many years of prosperity, growth, high valuations, and unlimited dry powder, private markets now face serious challenges from geopolitical uncertainty, inflation, and rising interest rates. What are the consequences and who are the benefactors of stricter market policies and regulations on the global flows of capital and returns? How can GPs and LPs collaborate and co-invest more effectively, and with greater transparency, while incorporating impact into their risk-adjusted return analyses? How are asset managers adapting their strategies to navigate evolving market conditions and capitalize on emerging opportunities within private markets? This roundtable of leading asset owners will be an opportunity for frank exchange about the future of the industry.

Opening Remarks

Petra Freddi

Managing Director, Europe, Milken Institute

Moderator

Scott Hart

CEO, StepStone Group

Speakers

Janne Gustafsson

Senior Portfolio Manager, Structured Credit, Ilmarinen

Elena Manola-Bonthond

Chief Investment Officer, CERN Pension Fund

Anton Orlich

Managing Investment Director, Private Equity, CalPERS

Wil S. Warren

Partner and President, Lexington Partners