North America

ESG: A gap between reality and perception

Climate risk, DEI and other sustainability factors are still a focus for many investors – and GPs, it seems – despite the recent backlash against ESG.

LPs cool slightly on emerging managers

Amid a muted exit environment, fewer investors are looking to back new funds, as the focus stays on more established GPs.

LPs have mixed feelings about artificial intelligence

While some investors feel positive about AI’s impact on operations, others remain cautious and are closely monitoring their GPs’ use of the technology.

LPs are expanding into more diverse secondaries strategies

New opportunities are arising for LPs, but there are ongoing pain points to address.

LP Perspectives 2026 Study – Methodology

How we conducted our annual study of LP views on private markets.

LP Perspectives 2026: Seven LP opinions that matter

Key takeaways from our annual survey tracking investor sentiment towards private equity and the wider private funds industry.

Evergreens are attractive, but LPs aren’t rushing into anything

Semi-liquid strategies can provide benefits to LPs, but they aren’t a one-size-fits-all solution.

Investors remain vigilant amid macro uncertainty

LPs are keeping a close eye on trade and tariff developments, but are not changing their allocation strategies and investment portfolio mix yet.