Private Markets Have Troughed: Cambridge's Auerbach

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Cambridge Associates' Global Head of Private Investments, Andrea Auerbach, expects private markets to reach a trough in 2026, with improved exit and fundraising activity compared to 2025.

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Market impact analysis based on bullish sentiment with 75% confidence.

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Bullish
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75%

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Andrea Auerbach, Cambridge Associates’ Global Head of Private Investments, says the firm expects private markets to trough in 2026, with stronger exit and fundraising activity than in 2025. She tells Romaine Bostick and Katie Greifeld on “The Close.” (Source: Bloomberg)

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Original article published by Bloomberg on November 22, 2025.
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