2021 Market Overview

Adding to our confidence that 2021 will experience economic growth is the fiscal response from governments globally.

We’re going to take that last bullet about Western European performance and make one of our outlandish — but possibly true — statements. Come on, it might prove true. Even a blind squirrel is right twice a day. (Or is it even a broken clock finds a nut sometimes?) Western Europe is the new venture.

A sense of the relative volatility and return of different strategies allows you to make more informed portfolio decisions.

Let’s explore a theme that weaves throughout this overview: Growth versus value investing in the private markets.

Increased investor attention on ESG considerations is yet another trend that has accelerated as a result of the pandemic as well as a multitude of other events that hardly need to be detailed here.

Let’s highlight one such trend that might be getting lost in the noise.

Sure, there may be other factors driving allocations to this asset class, but what’s the main reason to invest in the private markets?

2020 was a lot of things (insert your preferred descriptor here), and one of those things was the year of the SPAC.

The 2021 Hamilton Lane Market Overview takes a data-focused view on what transpired in the private markets last year, and what we think may happen in 2021.