# The Private Markets Forum

> How private markets get built.

This file provides information about The Private Markets Forum to help large language models understand and reference this publication's content.

## Posts
- [Evergreen Funds See Their First Real Stress Test](https://www.thebrief.private-markets.com/p/evergreen-funds-see-their-first-real-stress-test): Plus: our research on LP pressure, Bloomberg and Nasdaq's acquisitions, and the month's standout stories.
- [The Most Opaque Asset in Private Capital](https://www.thebrief.private-markets.com/p/the-most-opaque-asset-in-private-capital): Ken Fine on the introductions your firm already has and cannot see.
- [$145 Trillion Is Becoming One Market](https://www.thebrief.private-markets.com/p/145-trillion-is-becoming-one-market): Steven Hunter and Huss El-Sheikh on the credit silos that have collapsed and the systems that didn't follow.
- [It's called alts tech. ](https://www.thebrief.private-markets.com/p/it-s-called-alts-tech): on canoes, categories, and summer air. 
- [The New Differentiator in Fundraising](https://www.thebrief.private-markets.com/p/the-new-differentiator-in-fundraising): The latest capital formation trends among GPs from our conversation with HarbourVest, StepStone, Access Holdings and Altvia.
- [Who Wrote That Spreadsheet Formula?](https://www.thebrief.private-markets.com/p/who-wrote-that-spreadsheet-formula): Harald Collet on private credit's data mess and why he stopped waiting for the industry to clean it up.
- [She Built This Infrastructure Once. Now She's Building It Again.](https://www.thebrief.private-markets.com/p/she-built-this-infrastructure-once-now-she-s-building-it-again): Joan Kehoe on the operating layer private markets is missing - and why she's uniquely qualified to build it.
- [When Private Markets Learn Customer Obsession](https://www.thebrief.private-markets.com/p/when-private-markets-learn-customer-obsession): Amit Gairola and Griff Norville on the investor experience private markets never had to build - until now.
- [12 thoughts from Albertropolis](https://www.thebrief.private-markets.com/p/12-thoughts-from-albertropolis): on building new institutions, AI as a skill and recapturing Victorian optimism
- [The Mutual Fund. The ETF. Here's What Comes Next.](https://www.thebrief.private-markets.com/p/the-mutual-fund-the-etf-here-s-what-comes-next): Michael Gruener on asset management's third wave - and what breaks on the way through.
- [Why Apollo Wants Open Rails](https://www.thebrief.private-markets.com/p/why-apollo-wants-open-rails): Jake Walker on the path forward...
- [12 thoughts from a week in Berlin](https://www.thebrief.private-markets.com/p/12-thoughts-from-a-week-in-berlin): On digestion problems, too many suits, and the case for Schleusenkrug
- [1 in 12 Evergreen Trades Is Failing](https://www.thebrief.private-markets.com/p/1-in-12-evergreen-trades-is-failing): Ben Haber on why that number has to reach zero and what Monark is building to get there.
- [Private Markets Has an Access Problem](https://www.thebrief.private-markets.com/p/private-markets-has-an-access-problem): Jason Wenk and Michael Miller on how to serve more (and serve better) in private markets.
- [MSCI Is Building Data Infrastructure Private Markets Are Missing](https://www.thebrief.private-markets.com/p/msci-is-building-data-infrastructure-private-markets-are-missing): Luke Flemmer on concentration risk, daily PE indexes and why transparency is the only answer.
- [S&P Built the Information Layer for Public Markets. Private Markets Is Next.](https://www.thebrief.private-markets.com/p/s-p-built-the-information-layer-for-public-markets-private-markets-is-next): Chris Sparenberg on the data private markets is missing and the raw materials S&P is building to fix it.
- [What Mid-Market Funds Are Working Through](https://www.thebrief.private-markets.com/p/what-mid-market-funds-are-working-through): Here’s an inside look at what PMF is hearing: A field read on the operating and technology layer at funds 3 to 5.
- [Private Markets Have a New Mandate: Serve Everyone](https://www.thebrief.private-markets.com/p/private-markets-have-a-new-mandate-serve-everyone): Samir Kaji on what the wealth channel infrastructure buildout still has to solve.
- [The Hidden Tax Inside Every Financial Institution](https://www.thebrief.private-markets.com/p/the-hidden-tax-inside-every-financial-institution): Thomas McHugh on building a common language for all of finance.
- [Forge Is Pricing Private Markets](https://www.thebrief.private-markets.com/p/forge-is-pricing-private-markets): Kelly Rodriques on price discovery, the $19 trillion 401K moment and why Chuck Schwab came knocking. 
- [John Markell & Matt Schwartz: What's Going on Under the Hood in Private Credit? ](https://www.thebrief.private-markets.com/p/john-markell-matt-schwartz-what-s-going-on-under-the-hood-in-private-credit): The $600 billion software credit problem and the market forming to solve it.
- [Amar Varma: From Tinder to the Plumbing of Private Markets](https://www.thebrief.private-markets.com/p/amar-varma-from-tinder-to-the-plumbing-of-private-markets): Five exits. GP. LP. And the infrastructure problem he couldn't escape.
- [Talia Klein and the Quadrillion Dollar Utility... ](https://www.thebrief.private-markets.com/p/talia-klein-and-the-quadrillion-dollar-utility): DTCC: The organization behind every trade you've ever made - and its $10 trillion private markets ambition.
- [2.8 out of 5: Private Credit's Verdict on Its Own Infrastructure](https://www.thebrief.private-markets.com/p/2-8-out-of-5-private-credit-s-verdict-on-its-own-infrastructure): Introducing PMF's first proprietary research: the state of private credit infrastructure, in data.
- [Apoorv Saxena on How to Build AI that Actually Works in Finance](https://www.thebrief.private-markets.com/p/apoorv-saxena-on-how-to-build-ai-that-actually-works-in-finance): Lessons on how to unleash agentic AI from the best AI CV in finance