Courtside View From Our 3rd Annual Private Markets Forum

Research evidence excerpt

Courtside View From Our 3rd Annual Private Markets Forum

Financials | Brokers, Banks & Asset Managers

May 18, 2026

Glenn Schorr, CFA Courtside View From Our 3rd

212-653-9045

glenn.schorr@evercoreisi.com Annual Private Markets Forum

Benjamin Rubin, CFA, CPA We recently hosted our 3rd annual Private Markets Forum 646-551-8502

Benjamin.Rubin@evercoreisi.com consisting of a 2-day conference which included small group

John Dunn meetings with 10 of the largest public alternative asset

212-446-9455 managers and 8 panels discussing the industry’s biggest and

John.Dunn@EvercoreISI.com most interesting growth areas alongside some of the sector’s

Matthew Lyons, CFA most challenging narratives – sadly there’s a healthy mix of both.

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matthew.lyons@evercoreISI.com Below is a taste of the issues we covered, but please reach out

Sam Wardlow if you’d like to discuss further.

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sam.wardlow@evercoreisi.com As we reflected on the conference and the alts’ bumpy start to

the year, we’ve gotten the sense that most people have done

their homework & get the modest P&L impact from redemptions,

run multiple “BDC burndown scenarios”, and hopefully become

a bit numb to private credit headlines. While it won’t be all

smooth sailing, it feels like people are beginning to remember

that the private markets growth story is multifaceted and isn’t

going away anytime soon with ~86% of large companies

continuing to get financed by the private markets. We thought

the conference did a great job presenting both perspectives, with

the headwinds conversations covering the ongoing wealth

channel redemptions in direct lending, continued LP liquidity

needs, SaaSpocalypse, & challenged fundraising. All that was

juxtaposed against strong secondaries tailwinds, institutional