Half of asset owners plan to increase private markets exposure, Charles River says
STT•Half of asset owners plan to increase private markets exposure over the next two years, while 7% plan reductions. Private equity leads planned allocation increases at 48%, and 63% of institutions identify AI and AI infrastructure as their biggest new investment area.
1. Allocation plans
Charles River reported that 50% of asset owners plan to increase private markets exposure over the next two years, while 7% plan reductions. Private equity leads planned allocation increases at 48% of respondents, followed by private credit at 39%; 63% of institutions globally rank AI and AI infrastructure as their biggest new investment area.
2. Fundraising and fund size
Fundraising for 2025 vintages totaled $233.7 billion through the first three quarters, putting the full-year pace at roughly $312 billion. Average fund size fell to $1.66 billion from about $2.41 billion for 2024 vintages.
