Will middle-market fund performance remain more resilient?
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Private market funds are due for a downturn, but there may be nuances. Shielded thus far from public markets’ volatility by sheer dint of their at-minimum quarterly markings, private pools of capital are likely going to begin seeing markdowns in performance let alone portfolio value for at least some time. Recession officially arrived by technical definition, and larger funds plus publicly traded PE giants are noting declines in performance plus headwinds from ongoing economic conditions.