Three-quarters of private markets investors report longer payout waits

Three-quarters of private markets investors say the time required to receive distributions has increased over the past year, according to Brown Brothers Harriman research reported by AltAssets.

84% intend to increase private markets exposure over the next two years, a forward-looking intention that covers a different period from the distribution finding.

For allocators, slower distributions while new commitments continue may lead some to test bids on existing positions, adding to LP-led secondary supply.