The new reality of today’s market is it’s no longer just about how prices move. Volatility still matters, but as more portfolios include private and semi-private investments, other types of risk are moving into the spotlight, like liquidity and valuation, and they’re not always easy to measure with traditional tools. And then there’s transparency—disclosure standards differ from one private vehicle to the next, which makes it tough to line up investments side-by-side and draw clear comparisons. The good news is that the right tools can make this easier. Frameworks that organize complexity—breaking down things like liquidity structures or risk exposure into plain, actionable insights—can support better discussions and stronger relationships. 

Explore topics related to the evolution of investment risk.