February 20, 2024

Is it possible to time private markets?

Robert Picard - Head of Private Market Solutions, Hightower Advisors
Private Assets

Key takeaways

  • Robert Picard says market timing is difficult - and detrimental to the economy because constantly fluctuating capital impedes long-term planning for CEOs. Instead, he sees real value in the stable, long-term capital provided by private investments.
  • Long-term strategic planning - not market timing - is critical to successful private markets investments, and outcomes may be best investing across multiple vintages.
  • Nevertheless, there can be interesting entry points for private markets asset classes, which currently includes areas such as: private credit, single-family rentals, industrial real estate, and multiple tech sub-sectors.

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