By Principal Consultant, Yamelin Castillo
In this first edition of our Private Markets Review series, Yamelin offers Liqueo’s perspective on the key developments defining private markets in Q3 2025. The report goes beyond the numbers to examine how fundraising trends, capital allocation, and liquidity innovation are evolving – and what they reveal about manager strategy, investor appetite, and market structure. It concludes with a summary dashboard and our forward-looking view on what’s next for Q4 2025.
Download the full report here.
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