About this episode
The episode discusses the potential rebound of private markets amidst rising interest rates and economic growth, featuring insights from Goldman Sachs' experts.
Private markets have stalled since interest rates started to rise in 2022, even as public markets have climbed to new highs. But a period of sustained economic growth along with rising liquidity and AI-driven innovation could help private markets rebound, according to Goldman Sachs' Pete Lyon and Michael Brandmeyer. Despite longer private equity holding times and mixed performance from private credit funds, they remain cautiously optimistic, projecting that distributions will gradually return to 15%-20% and that deal activity could exceed its 2021 peak within two to three years. This episode was recorded on May 26, 2026. The opinions and views expressed herein are as of the date of publication, subject to change without notice, and may not necessarily reflect the institutional views of Goldman Sachs or its affiliates. The material provided is intended for informational purposes only, and does not constitute investment advice, a recommendation from any Goldman Sachs entity to take any particular action, or an offer or solicitation to purchase or sell any securities or financial products. This material may contain forward-looking statements. Past performance is not indicative of…
People in this episode
Guests: Pete Lyon, Michael Brandmeyer
Topics covered
- private markets
- economic growth
- liquidity
- AI-driven innovation
- private equity
- private credit
- investment outlook
Keywords
- private markets
- interest rates
- economic growth
- AI innovation
- private equity
- private credit
- investment advice
Mentioned in this episode
Organizations: Goldman Sachs
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