Private Markets 360°

In this episode of Private Markets 360°, we welcome Jeff Diehl, Managing Partner and Head of Investments at Adams Street Partners. With over two decades of experience in the private equity sector, Jeff shares his insights into today's market trends, macroeconomic impacts, and the rise of retail access to private investments. He discusses the dynamics of hyperscalers in private credit, the discipline required in underwriting, the evolving expectations of LPs, and the rapid rise of the wealth channel. More S&P Global Content:  2026 Private Equity and Venture Capital Outlook Report S&P Global, Cambridge Associates, Mercer Private Markets Performance Analytics  Credits:  Host/Author: Chris Sparenberg and Jocelyn Lewis Guests: Jeff Diehl, Adams Street Partners Producer: Georgina Lee Published With Assistance From: Feranmi Adeoshun, Kimberly Olvany www.spglobal.com www.spglobal.com/market-intelligence

In this episode of Private Markets 360°, we welcome Cathrin Petty, Managing Partner, Co-Head of North American Private Equity, and Global Head of Healthcare at CVC. With over three decades of experience across science, finance, and global investment, Cathrin shares her journey leading CVC's €26 billion healthcare portfolio. She offers insights into CVC's "think globally, act locally" strategy and lessons learned from building resilient healthcare businesses, highlighting the importance of partnership, innovation, and global perspective in today's market.   Credits:  Host/Author: Chris Sparenberg and Christina McNamara Guests: Cathrin Petty, CVC Producer: Georgina Lee Published With Assistance From: Feranmi Adeoshun, Kimberly Olvany www.spglobal.com www.spglobal.com/market-intelligence

In this episode of Private Markets 360°, we take a deep dive into the macro signals shaping private markets in 2026 with Nicholas Brooks, Head of Economic and Investment Research at ICG. Nicholas brings a thoughtful, data-driven perspective on where global private markets may be headed, sharing insights on resilience, risk, and developments across regions and asset classes.  Credits:  Host/Author: Chris Sparenberg and Christina McNamara Guests: Nicholas Brooks, ICG Producer: Georgina Lee Published With Assistance From: Feranmi Adeoshun www.spglobal.com www.spglobal.com/market-intelligence

In this episode of Private Markets 360°, Warren Hibbert, Co-Founder of Asante Capital, shares insights on today's challenging fundraising landscape and the rise of spinouts. He discusses the importance of team dynamics and alignment of interests, how Asante is reshaping the placement agent model, and touches on the growing interest in AI-driven strategies within private markets.   More S&P Global Content:  [Report] Private Equity Outlook 2026 Credits:  Host/Author: Chris Sparenberg and Jocelyn Lewis Guests: Warren Hibbert, Asante Capital Group Producer: Georgina Lee Published With Assistance From: Feranmi Adeoshun, Kimberly Olvany www.spglobal.com www.spglobal.com/market-intelligence

In this episode of Private Markets 360°, we welcome Sarah Samuels, Chief Investment Officer at NEPC. With a diverse background in managing endowments, family offices, and public pensions, Sarah discusses the dynamic nature of capital raising, the importance of due diligence, and innovation. She highlights opportunities in the lower middle market, the convergence of public and private markets, and the impact of economic disruption on investment strategies. Drawing on her experience as Chair of the CFA Society Boston, Sarah shares her passion for education and financial literacy, which inspired her to author a children's book on money and role models.   More S&P Global Content:  [Report] Private Equity Outlook 2026 Credits:  Host/Author: Chris Sparenberg and Jocelyn Lewis Guests: Sarah Samuels, NEPC Producer: Georgina Lee Published With Assistance From: Feranmi Adeoshun, Kimberly Olvany www.spglobal.com www.spglobal.com/market-intelligence

In this episode of Private Markets 360°, we welcome Adam Cady and Klaus H. Hessberger, Global Co‑Heads of Financial Sponsors at Lazard, who discuss the current state of the global financial sponsor market, the impact of geopolitical trends and rising M&A activity. More S&P Global Content:  [Report] Private Equity Outlook 2026 [Survey] 2026 Private Equity and Venture Capital Pulse Survey Credits:  Host/Author: Chris Sparenberg and Jocelyn Lewis Guests: Adam Cady and Klaus H. Hessberger, Lazard Producer: Georgina Lee Published With Assistance From: Feranmi Adeoshun, Kimberly Olvany www.spglobal.com www.spglobal.com/market-intelligence

In this episode of Private Markets 360°, we welcome David Fann, Partner, Senior Managing Director and Head of Investor Relations at VSS Capital Partners, to explore the evolution of structured capital, the unique needs of lower middle market businesses, and how VSS is helping entrepreneurs unlock value and scale through flexible creative capital solutions. Drawing on 30 years of experience across private equity, credit, real assets and real estate, David shares his perspective on building resilient companies, adapting to economic and geopolitical challenges, and the future of investor relations. Credits:  Host/Author: Chris Sparenberg and Jocelyn Lewis Guests: David Fann, VSS Capital Partners Producer: Georgina Lee Published With Assistance From: Feranmi Adeoshun, Kimberly Olvany www.spglobal.com www.spglobal.com/market-intelligence

In this episode of Private Markets 360°, we welcome Mark Sotir, president of Equity Group Investments, to discuss the firm's flexible investment approach and how its operational expertise drives long-term value creation. Mark shares insights on EGI's strategy for scaling businesses into multi-billion-dollar enterprises, the importance of understanding your audience when seeking investment, and why risk management and strong leadership are crucial for sustainable growth in the dynamic world of private markets. Credits:  Host/Author: Chris Sparenberg and Jocelyn Lewis Guests: Mark Sotir, Equity Group Investments Producer: Georgina Lee Published With Assistance From: Feranmi Adeoshun, Kimberly Olvany www.spglobal.com www.spglobal.com/market-intelligence

In this episode of Private Markets 360°, we welcome Adam Kanter, partner in the Investment Management practice group at Mayer Brown. With over 17 years of experience, Adam specializes in regulatory compliance, advising US and non-US investment advisors and firms on a range of issues, including recent SEC marketing rule changes. He discusses the fundamentals of regulatory compliance and how new developments are shaping the investment management industry. Credits:  Host/Author: Christina McNamara and Jocelyn Lewis Guests: Adam Kanter, Mayer Brown Producer: Georgina Lee Published With Assistance From: Feranmi Adeoshun www.spglobal.com www.spglobal.com/market-intelligence

In this episode of Private Markets 360°, we welcome Chaney Sheffield and Jonathan Barzideh, Co-Heads of Opportunistic Credit at Canyon Partners, a leading global alternative investment manager. With extensive experience across sectors, they discuss the fundamentals of opportunistic credit and how it is creating new avenues for investors.  Credits:  Host/Author: Christina McNamara and Jocelyn Lewis Guests: Chaney Sheffield and Jonathan Barzideh, Canyon Partners Producer: Georgina Lee Published With Assistance From: Feranmi Adeoshun www.spglobal.com www.spglobal.com/market-intelligence

In this episode of Private Markets 360°, we welcome Peter Hutton, Head of NAV Financing at Arcmont Asset Management, one of Europe's largest private credit firms with €38 billion in assets under management. With extensive experience in private debt, Peter shares his insights into the fundamentals of NAV financing and how it is reshaping liquidity for sponsors. We explore key trends driving the future of NAV financing and its impact on the investment landscape.   Credits:  Host/Author: Chris Sparenberg and Jocelyn Lewis Guests: Peter Hutton, Arcmont Asset Management Producer: Georgina Lee Published With Assistance From: Feranmi Adeoshun www.spglobal.com www.spglobal.com/market-intelligence

In this episode of Private Markets 360°, we welcome Scott Wolff, President and Managing Director at American Securities. With over two decades at the firm, Scott has played a pivotal role in shaping investment strategies, particularly within the industrial sector. Scott shares invaluable insights into the current deal environment, the innovative application of AI solutions to enhance operational efficiencies, and the importance of developing internal talent within portfolio companies. His extensive experience provides a unique perspective on the complexities and potential of private investments in today's market.   Credits:  Host/Author: Chris Sparenberg, Jocelyn Lewis Guests: Scott Wolff, American Securities Producer: Georgina Lee Published With Assistance From: Feranmi Adeoshun www.spglobal.com www.spglobal.com/market-intelligence

In this episode of Private Markets 360°, we welcome Nate Collins, National Transaction Tax Advisory Practice Leader, and Jessica Wadd, Principal and Strategy and Innovation Segment Leader, BDO. They share their expertise in tax structuring and management consulting, offering insights into the current private equity landscape. The discussion highlights the challenges and opportunities in deal structuring, the importance of understanding tax implications, and the need for adaptability in today's investment environment.  Credits:  Host/Author: Chris Sparenberg and Jocelyn Lewis Guests: Nate Collins and Jessica Wadd, BDO Producer: Georgina Lee www.spglobal.com www.spglobal.com/market-intelligence

In this episode of Private Markets 360°, we welcome Ben Radinsky, a Managing Director and a Partner at HighVista Strategies. Ben brings his extensive expertise in specialty private credit to the forefront, sharing his insights into the evolving landscape of alternative investments. He dives deep into the opportunities present in "structurally inefficient" markets, shedding light on the allure of esoteric assets. Additionally, Ben explores the critical dynamics of beta versus alpha in credit investments, offering valuable perspectives that will help us navigate the future of private markets.   Credits:  Host/Author: Chris Sparenberg, Jocelyn Lewis Guests: Ben Radinsky, HighVista Strategies Producer: Georgina Lee www.spglobal.com www.spglobal.com/market-intelligence

In this episode of Private Markets 360°, we welcome Daniel Berglund, Head of US and Co-head of Healthcare at Nordic Capital. Daniel shares his extensive expertise and unique insights into the rapidly evolving healthcare investment landscape. As a key player in shaping and growing investments in this sector, he discusses the recent announcement of Nordic Capital's latest deal with Arcadia, a leading healthcare data platform. Daniel provides valuable insights into disrupting pharmacy benefit managers, which operate as intermediaries between insurers and pharmaceutical companies, and emphasizes the importance of adapting to market dynamics.   Credits:  Host/Author: Chris Sparenberg, Jocelyn Lewis Guests: Daniel Berglund, Nordic Capital Producer: Georgina Lee www.spglobal.com www.spglobal.com/market-intelligence

On this episode of Private Markets 360°, Chris Botsford, Co-Founder and Chief Investment Officer at ADM Capital, shares his insights on the private credit market in Asia. He explores his extensive experience in investing in underfinanced SMEs, the importance of ESG principles, and the critical role of local relationships in navigating diverse jurisdictions.   Credits:  Host/Author: Chris Sparenberg, Jocelyn Lewis Guests: Chris Botsford, ADM Capital Producer: Georgina Lee www.spglobal.com www.spglobal.com/market-intelligence

Rich Carson (Managing Director, Private Investments, Cambridge Associates) and Jerry Smith (Private Markets Product Strategy Lead, Mercer) join our hosts to discuss a new private markets collaboration between their firms and S&P Global. They explain how this initiative will improve the communication between GPs and LPs and support decision-making, by enhancing the sharing of performance data. Rich and Jerry also share their thoughts on the evolution of the private investment industry. More S&P Global Content:  Software, services & solutions to power growth in the Capital Markets [Blog] As LP-GP relations evolve, the need for a clearinghouse of data is increasing Credits:  Host/Author: Chris Sparenberg and Jocelyn Lewis Guests: Rich Carson, Cambridge Associates and Jerry Smith, Mercer Producer: Georgina Lee www.spglobal.com www.spglobal.com/market-intelligence   FOR INSTITUTIONAL INVESTOR USE ONLY. The information contained in this video is provided for educational and illustrative purposes only and is not intended to be relied upon as a forecast or investment advice, and is not a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy. The opinions expressed are subject to change without notice. The material was prepared without regard to specific objectives, financial situation or needs of any investor. Reliance upon information in this video is at the sole risk and discretion of the viewer.

Jacob Miller, Co-Founder and Chief Solutions Officer at Opto Investments, joins us on Private Markets 360° to share his insights into the current landscape of private markets. Jacob discusses macroeconomic trends, deal flow management, and the transformative role of AI in private equity. More S&P Global Content:  [Blog] AI's role in the private markets data analytics revolution [Blog] How private equity can harness AI Credits:  Host/Author: Chris Sparenberg, Jocelyn Lewis Guests: Jacob Miller, Opto Investments Producer: Georgina Lee www.spglobal.com www.spglobal.com/market-intelligence

Pooja Goyal, Partner and Chief Investment Officer of the Infrastructure Group at Carlyle, joins our hosts to share her extensive experience in infrastructure investing and the energy transition. Pooja discusses the significance of Copia Power, a company built and developed by Carlyle, and her firm's work on the JFK International Terminal Project. Pooja also explores the rapid growth of digital infrastructure while reflecting on her inspiring professional journey from investment banking to leading Carlyle's infrastructure efforts.   More S&P Global Content:  Scale up for success in private markets with data, valuations, software & services Credits:  Host/Author: Chris Sparenberg, Jocelyn Lewis Guests: Pooja Goyal, Carlyle Editor: Patrick Moroney Producer: Georgina Lee www.spglobal.com www.spglobal.com/market-intelligence

Howard Sharp, Chairman and Co-Head of Direct Lending at Alcentra, joins our hosts on the latest episode of Private Markets 360° to share his insights on the evolving private credit landscape. With over 35 years of experience in the credit markets, Howard discusses the significance of relationships in the industry and what the future holds for private markets. More S&P Global Content:  Scale up for success in private markets with data, valuations, software & services Blog: Unlock the Benefits of Automating your Direct Lending Workflow Blog: Optimizing Credit Risk Management: Modelling Techniques for Asset-Based Lending  Blog: Best Practice Risk Management for Private Credit  Case Study: A Global Private Credit Firm Strengthens Risk Assessment with Advanced Climate Analytics Credits:  Host/Author: Chris Sparenberg, Jocelyn Lewis Guests: Howard Sharp, Alcentra Producer: Georgina Lee www.spglobal.com www.spglobal.com/market-intelligence

Liz Campbell, Chief Investment Officer of Portfolio Advisors, joins our hosts to discuss strategies for success in middle market investing. She emphasizes the importance of fundraising discipline and the evolving landscape of real estate investments, highlighting niche areas that are gaining traction. More S&P Global Content: New White Paper: Overcoming Fractured Data Chains and Achieving Operational Brilliance in Private Markets Credits: Host/Author: Chris Sparenberg, Jocelyn Lewis Guests: Liz Campbell, Portfolio Advisors Producer: Georgina Lee www.spglobal.com www.spglobal.com/market-intelligence

Brad Bernstein, Managing Partner at FTV Capital, joins our hosts to discuss the importance of growth equity at a time when many companies are choosing to stay private for longer. He also speaks about FTV Capital's recent successful fundraising rounds, expansion into Europe and his own professional journey.

Joel Holsinger, Partner, Portfolio Manager and Co-Head of Alternative Credit at Ares Management, joins our hosts to share insights into the dynamic field of alternative credit, where he has been investing for over 27 years. In addition to his professional journey, he also discusses his commitment to charitable contributions within the global health and education sector. More S&P Global Content: New White Paper: Overcoming Fractured Data Chains and Achieving Operational Brilliance in Private Markets Calling all private equity, venture capital and limited partner professionals to participate in our 2025 Private Equity and Venture Capital Outlook survey! Share your thoughts on private markets sentiment and trends you anticipate over the next 12 months across deal activity, investment strategies, fundraising conditions, technology adoption and more. Results will be available via our outlook report published in Q1 of 2025. Take the survey now:  Annual Private Equity and Venture Capital Outlook Survey Credits: Host/Author: Chris Sparenberg, Jocelyn Lewis Guests: Joel Holsinger, Ares Management Producer: Georgina Lee www.spglobal.com www.spglobal.com/market-intelligence

Brett Hillard, Chief Investment Officer at GLASfunds, joins our hosts to explore the impact of democratizing private markets via the registered investment advisor (RIA) universe in the latest episode of our Private Markets 360° podcast. Brett provides insights into how RIAs can leverage alternative investments to enhance their offerings and cater to the evolving needs of their clients. More S&P Global Content: New White Paper: Overcoming Fractured Data Chains and Achieving Operational Brilliance in Private Markets Calling all private equity, venture capital and limited partner professionals to participate in our 2025 Private Equity and Venture Capital Outlook survey! Share your thoughts on private markets sentiment and trends you anticipate over the next 12 months across deal activity, investment strategies, fundraising conditions, technology adoption and more. Results will be available via our outlook report published in Q1 of 2025. Take the survey now:  Annual Private Equity and Venture Capital Outlook Survey   Credits: Host/Author: Chris Sparenberg, Jocelyn Lewis Guests: Brett Hillard, GLASfunds Producer: Georgina Lee www.spglobal.com www.spglobal.com/market-intelligence

Neil Odom-Haslett, Head of Private Credit and Commercial Real Estate Lending at abrdn, joins our hosts to explore the realm of investment grade private credit, including both corporate credit and commercial real estate debt. Neil also discusses his professional journey and how ESG factors into abrdn's investment thesis.   More S&P Global Content: The capital markets' most complex problems, solved. Calling all private equity, venture capital and limited partner professionals to participate in our 2025 Private Equity and Venture Capital Outlook survey! Share your thoughts on private markets sentiment and trends you anticipate over the next 12 months across deal activity, investment strategies, fundraising conditions, technology adoption and more. Results will be available via our outlook report published in Q1 of 2025. Take the survey now: Annual Private Equity and Venture Capital Outlook Survey Credits: Host/Author: Chris Sparenberg, Jocelyn Lewis Guests: Neil Odom-Haslett, abrdn Producer: Georgina Lee www.spglobal.com

Christophe Rust, Co-head of European Credit Opportunities at Ninety One, joins our hosts to discuss his perspective on the development of the credit market and growth of private credit in Europe. In this episode, we explore Christophe's journey throughout the world of finance, the challenges and opportunities he sees in today's market, as well as his vision for the future of European credit. Private credit will be a major topic at our Interact conference in New York on October 15th and 16th. We hope you can join us to hear more about the latest trends in private markets. Click here to learn more and register.   More S&P Global Content: Click here to register for Interact 2024 The capital markets' most complex problems, solved.   Credits: Host/Author: Chris Sparenberg, Jocelyn Lewis Guests: Christophe Rust, Ninety One Producer: Nicholas Hamilton, Georgina Lee www.spglobal.com  

Anthony Maniscalco, Managing Partner and Head of Strategic Capital Group at Investcorp, joins our hosts to discuss the dynamic realm of GP stakes. In this episode, we explore Anthony's professional journey into GP stakes investments, how Investcorp operates in this area, and advice for newer entrants into private markets.  Don't miss our Interact conference in New York on October 15-16! The first day will be dedicated to developments in private markets, with speakers from KKR, Cambridge Associates and others.  Register now.    More S&P Global Content: Click here to register to Interact 2024   Credits: Host/Author: Chris Sparenberg, Jocelyn Lewis Guests: Anthony Maniscalco, Ninety One Producer: Nicholas Hamilton, Georgina Lee www.spglobal.com

Jeff Collins, Managing Partner at Cloverlay, joins our hosts to discuss the concept of adjacent private markets and the unique investment strategy at Cloverlay. Jeff shares insights into how the firm sources its investments, what data is analyzed when looking at new opportunities, and how to achieve private equity returns.

Robert Stark, CEO of Nomura Capital Management, joins our hosts to talk about how banks are generating revenue from their private credit relationships and share insights into the growing private debt business within Nomura.

Greg Turk, CIO of NG4 Capital, joins the podcast to discuss asset allocation and ways to navigate market volatility, drawing on his experience of 20 years with the Teachers' Retirement System of the State of Illinois as well as his new role with a family office.

Ron Kahn, Managing Director at Lincoln International, joins our hosts to delve into the genesis of the Lincoln Private Markets Index and Quarterly Report, and shares his thoughts on evolving market dynamics and valuation practices, including those for private credit.

Ray Carey, Head of NextLevel Operations at Level Equity, joins our hosts to discuss the strategies needed to drive value creation for portfolio companies throughout all stages of their maturity. These strategies include partnering with function specific experts, outlining key metrics to leverage team strengths, establishing peer networks to implement best practices, and utilizing qualitative data to ensure that the right expertise is focused on driving value creation, efficiencies, and growth.

Ken Onorio, Senior Principal, Chief Financial and Chief Operating Officer of Eaglepoint Credit, joins Jocelyn and Chris on this episode. They discuss key aspects for building an ideal culture for team success and operational scalability.  They include the importance of partnering with reliable third-party providers, learning from early experiences that build foundational skillsets to thrive in the financial services industry, encouraging an atmosphere of support, and building trusted relationships that empower growth.   All data included herein is as of November 30, 2023.

Sven Gralla, Senior Associate of Hauck Aufhäuser Lampe Privatbank AG, joins Jocelyn and Chris on this episode of the podcast. They discuss the main differences between the European and American private markets, the driving forces for those differences, and how those factors affect decision-making from a private credit fund of fund managerial perspective.  Sven also speaks specifically on the German managerial landscape and investing dynamics.

Our very own President of S&P Global Market Intelligence joins Jocelyn and Chris on the podcast to discuss how we best serve private markets industry participants. With the end of the year in sight, Adam dives into the themes that drove industry activity in 2023 and what he expects to see in the market in 2024.

Maggie Arvedlund, CEO and Managing Partner of Turning Rock Partners, joins Jocelyn and Chris on this episode of the podcast. They discuss the growth of private credit as an asset class and the impact of decreased M&A activity and increased macroeconomic turmoil. Maggie also speaks to the challenges and opportunities that exist as an emerging fund manager vying for capital allocations.

In this episode, Jocelyn and Chris are joined by Jad Stella, Senior Director of Private Investments at Cambridge Associates. Together they examine the data at the foundation of Cambridge Associates' benchmarks, their most common use cases, and the risk and returns that drive differentiation between private investment strategies.

In this episode, Ramki Muthukrishnan from S&P Global Ratings joins Brandon and Jocelyn to talk about what is driving demand for middle market CLOs and the growth in direct lending. Ramki, an expert on leveraged finance, discusses the difference between credit estimates and corporate ratings, why credit estimates are important for CLO managers, and which sectors are growing the fastest in the middle market. Stay in touch: Subscribe to the Private Markets 360 newsletter.

In this episode, Michael Robinet from S&P Global Mobility joins the podcast to talk about how private capital is driving investment in the electric vehicle transition. Michael, an expert on light vehicle market dynamics and supplier strategy, discusses where investors are finding value in the rapid technology and production shift toward EVs. Check out the latest EV trends and discover how many EVs sold last month by country at https://spglobal.com/evs Subscribe to the Private Markets 360 newsletter: www.spglobal.com/PrivateMarkets360

In this episode, Brandon and Jocelyn speak with Nick Fox, Data and Systems Manager at AEA Investors. They discuss the continuing digital transformation of private equity portfolio management, and Nick talks about his experience in creating and scaling effective technology systems. Subscribe to the Private Markets 360 newsletter: www.spglobal.com/PrivateMarkets360

In this episode, Brandon and Jocelyn speak with Josh Green, the Co-Founder and Chief Operating Officer of Novata, an ESG solution provider with a focus on the private markets. Together they explore where private equity and venture capital are in the sustainable investing adoption lifecycle. Stay in touch: Subscribe to the Private Markets 360 newsletter: https://pages.marketintelligence.spglobal.com/Private-Markets-360-Newsletter-Home-Page.html Subscribe to the Novata Newsletter: https://learn-more.novata.com/newsletter

ESG, a mainstay in the public markets, has also become a key element within the private markets. In this episode, Brandon and Jocelyn discuss the drivers for strong ESG practices within private equity. We also touch on sound frameworks for creating an ESG strategy and how to determine whether your strategy is driving the desired results.

Are you ready for a 360-degree view of the private markets? Join co-hosts Brandon Newland, Director of Private Markets Product Development at S&P Global Market Intelligence, along with Jocelyn Lewis, Managing Director and head of private debt commercial strategy for software and services solutions at S&P Global Market Intelligence. Hear from voices across the alternative investment landscape as our hosts delve into topics across private equity, venture capital, private credit, and more.