Private Markets
Building Better Portfolios with Private Equity, Private Credit, and Private Real Estate

By (author) Tony Davidow

ISBN13: 9781394313082

Imprint: John Wiley & Sons Inc

Publisher: John Wiley & Sons Inc

Format: Hardback

Published: 08/04/2025

Availability: Not yet available

Description
Comprehensive guide to the private market, covering allocating capital, portfolio construction, product evolution, and more Written in accessible language, Private Markets: Building Better Portfolios with Private Equity, Private Credit, and Private Real Estate addresses the challenges and opportunities with investing in the private markets, including understanding the merits of the asset classes—private equity, private credit, and private real estate—product evolution, and the structural tradeoffs, and how to incorporate these versatile and valuable tools in client portfolios. This book leverages Tony Davidow's 40 years of experience working directly with advisors and high-net-worth families/ ultra-high-net-worth families. Davidow is an award-winning author and has also been recognized for building Franklin Templeton's alternative education program (2023 recipient of the “Wealthie”). Topics discussed in this book include: How private markets can be used to increase the likelihood of achieving client goals? Examining the historical risk and return characteristics of the private markets relative to their public market equivalents. Exploring the benefits of private markets including the potential for higher returns, an alternative source of income, diversification, and hedging against the impact of inflation. Now that private markets are available to a broader group of investors outside of institutions and family offices, Private Markets: Building Better Portfolios with Private Equity, Private Credit, and Private Real Estate is an essential resource for all financial advisors and individual investors who are considering allocating capital to these once elusive investments.
Foreword xiii Acknowledgments xix Introduction 1 Chapter 1 Defining the Private Markets – Why Now? 11 Chapter 2 Democratizing Private Markets 31 Chapter 3 Exploring the Merits of Private Equity 57 Chapter 4 Private Credit: The Emergence of a New Lender 77 Chapter 5 Private Real Estate – Not All Sectors Are Created Equal 95 Chapter 6 Secondaries: A Vital Part of the Private Market’s Ecosystem 113 Chapter 7 Real Assets – Infrastructure and Natural Resources 129 Chapter 8 Asset Allocation and Portfolio Construction 145 Chapter 9 Total Portfolio Approach 167 Chapter 10 The Future of Wealth Management 179 Chapter 11 Macro-Outlook for Private Markets 197 Chapter 12 Private Markets Come to Main Street 217 Appendix 235 Glossary of Key Terms 237 Third Party Content Providers and Disclosures 243 About the Author 249 Index 251
  • Finance & accounting
  • Finance
  • Investment & securities
  • Property & real estate
  • General (US: Trade)
  • Professional & Vocational
Height:229
Width:150
Spine:31
Weight:522.00
List Price: £35.99