2022 Private Markets Outlook

BlackRock
By January 5, 2022 16:26

2022 Private Markets Outlook

We enter 2022 with a lot to consider. The paths of inflation and interest rates, the profound effects of megatrends such as digitization and decarbonization and numerous sub-themes all demand our immediate attention. As private market investors we view this landscape with our own long-term lens. Our search is for idiosyncratic, resilient exposures within broad, long-term trends. For each investment, the objective is to have two concepts at work: a strong individual thesis and exposure to a powerful thematic jetstream. When rolled up into a portfolio, these investments should contribute to a particular outcome, whether growth, income, diversification or a combination thereof. This outlook is about applying that lens. We draw on the BlackRock Investment Institute’s Global Outlook for base cases on important questions such as inflation (which we see cooling but settling above pre-Covid trends) and the path to net zero (more bumps ahead). We show how these and other trends are shaping risks and opportunities across real assets, credit and private equity, and we look at the dynamics within these fastgrowing and rapidly evolving segments of the capital markets.

BlackRock
By January 5, 2022 16:26

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