PitchBook：2026年分配器解决方案：私人市场机会报告（英文版）

With a backdrop of economic and credit cycles entering their later stages, easing monetary policy, and the historic secular growth narrative surrounding AI, we examine the risks and opportunities across private market asset classes as we move into 2026 and beyond. We consider the outlooks for individual asset classes, including PE buyout, VC, private credit, real estate, and real assets, along with possible economic scenarios, to assess the appeal of allocating new capital to closed-end priva