Private Markets
Establishment of the Private Markets Committee
2021 saw the establishment of the IA’s Private Markets Committee. Work to establish the Committee began in 2019, following the IA Board’s identification of private markets as a key industry trend and area of strategic importance for the IA. Following this, the IA conducted a scoping exercise between October to December 2019, in order to gather market data and senior insight as to how to best support members in this space.
The conclusion of this research was that this would be most appropriately achieved through the establishment of an IA Private Markets Committee. While originally an objective for 2020, the establishment of this Committee was delayed by the COVID-19 pandemic. The first meeting of the Private Markets Committee, therefore, took place in April 2021. The membership of the Committee includes firms across the IA’s membership, including a representative from the Association of Real Estate Funds.