Private Equity in a Changing World

The Beyond Markets podcast channel is wrapping up on a high note at the end of 2025. But do not worry! The conversation continues on our podcast Moving Markets by Julius Baer, where we'll be sharing fresh insights and analysis on current market developments. Subscribe to Moving Markets on Spotify Subscribe to Moving Markets on Apple Podcasts Investing in private markets has the potential to create long-term value in portfolios. But how can qualified and professional investors navigate the current marketplace? What does the private equity market look like today? Which factors are driving potential opportunities? And where might the risks lie?In this episode of the Beyond Markets podcast, Fiona Kenyon, Head of Private Markets Specialists at Julius Baer talks to Jack Weingart, Chief Financial Officer at the global alternatives firm TPG, to discuss these questions as they evaluate the current landscape and reflect on the potential risks and rewards.(00:30) - Introduction (01:22) - Private equity market landscape (02:38) - Focus on sector frameworks (04:07) - The impact of tariffs (05:27) - Likely level of deal activity in H2 2025 (07:46) - Fund liquidity and distributions to limited partners (09:15) - What private equity can bring to a portfolio (11:21) - The risks investors in private equity should be aware of (13:22) - Innovations: Evergreen structures (15:29) - The question of liquidity (16:55) - Summary and conclusion Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or wherever you get your podcasts.