Private Market Investing

Private market investing is reshaping how capital flows and value is created. To keep up, investors and professionals need sharper skills, stronger insights, and strategies that work in real time.

Private equity, private credit, venture debt, and other alternatives are no longer niche—they’re core to modern portfolios. They offer the potential for high returns and diversification, but also bring challenges: opaque structures, limited liquidity, higher fees and different governance standards.

CFA Institute Research and Policy Center provides research, learning pathways, and policy guidance to help professionals navigate this complex environment. Our global surveys and governance research highlight best practices and emerging risks. And our critical reviews of private equity and alternative credit help make clear the opportunities and the trade-offs.