Trends & Research

LP Perspectives 2025: Methodology

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

LPs take a bolder approach to new GP relationships

LPs are planning to allocate more capital to emerging managers and widen their GP relationship network.

LPs raise the bar on ESG reporting

Investors are getting more sophisticated when it comes to environmental, social and governance considerations as they look to future-proof their portfolios.

PE poised for a comeback

Some 45% of global LPs plan to increase their private equity deployment over the next year, marking a substantial increase from 2024.

LPs take a stricter approach on due diligence

Amid a challenging fundraising environment, investors are scrutinising key person clauses, management fees and carry waterfalls.

LPs reflect on a more grown up impact investment space

Sustainable private markets are maturing, according to allocators at November's Impact & Transition Investor Summit in New York.

GP stakes: Are LPs in or out?

While the number of LPs looking to back GP stakes funds remains consistent with prior years, the majority have no plans to invest in these vehicles.