In the Q&A below, StepStone Partner and Portfolio Manager, Michael Elio, and Fidelity Institutional Portfolio Manager, Ian Johnson, discuss global private markets, including the industry’s ability to weather volatility, the recalibration of exit activity, the growing importance of value creation and the expansion of GP‑led secondaries as a liquidity channel. The following discussion explores these themes in more detail and outlines how they are influencing private market dynamics today.
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