Private Markets 101

Private-market investments are investments that are not traded on a public stock exchange. Depending on the offering, they may include real estate funds, mortgage investment corporations, private credit, infrastructure or other alternative strategies.

These investments can have very different risk, liquidity, fee and return characteristics. Some may have holding periods or redemption restrictions, and investors should understand that capital may be at risk.

The right question is not simply whether an opportunity has an attractive target return. It is whether the investment is suitable for your objectives, financial situation, time horizon and risk tolerance.

A useful next step

Before making a major decision, define your objective, timeline, liquidity needs, risk tolerance and the information you still need. A good strategy starts with good questions.