CIO View II/2025
Differentiation instead of Defense
While geopolitical risks and monetary policy uncertainties dominate the macroeconomic environment, private markets present a more nuanced picture: transaction volumes are low, valuations are shifting – and it is precisely here that it becomes clear who can identify and seize opportunities while effectively managing risks.
In the latest Golding CIO View, our CIO Daniel Boege highlights how investors can take a differentiated approach in this environment – and why selectivity, manager quality and operational value creation are becoming the decisive success factors.
Private equity, private credit and infrastructure continue to offer compelling opportunities even in this demanding environment – for example, in the small- and mid-cap segment, with fundless sponsors, in the secondary market or in European lower mid-market direct lending. At the same time, infrastructure platforms focused on decarbonization, digitalization and demographics are gaining further importance.
Read in the current edition how targeted priorities and consistent manager selection can deliver strong results even in a challenging environment.
