BuySide Partners — InsightsArticles and analysis on alternative investments and private marketshttps://www.buyside-partners.com/en/insights/enMid-Life Co-Investmentshttps://www.buyside-partners.com/en/insights/mid-life-co-investments/https://www.buyside-partners.com/en/insights/mid-life-co-investments/Mid-life co-investments: minority equity stakes bought in PE portfolio companies mid-hold, how they differ from GP-led secondaries, and why they are growing.Sun, 08 Feb 2026 00:00:00 GMTprivate-equityinfo@buyside-partners.com (Liran Weissman)The Consumer Credit Markethttps://www.buyside-partners.com/en/insights/consumer-credit-market/https://www.buyside-partners.com/en/insights/consumer-credit-market/Private credit funds are buying unsecured consumer loans, from credit cards to BNPL. An overview of the market and the key risks for investors.Sun, 11 Jan 2026 00:00:00 GMTprivate-creditinfo@buyside-partners.com (Hanoch Frankovits)American vs. European Waterfall: Which Distribution Structure Is Better for the Investor?https://www.buyside-partners.com/en/insights/american-vs-european-waterfall/https://www.buyside-partners.com/en/insights/american-vs-european-waterfall/American (deal-by-deal) vs. European (whole-fund) waterfalls: what the research shows for LPs, and why a clawback is essential under an American structure.Thu, 25 Dec 2025 00:00:00 GMTfund-structuresinfo@buyside-partners.com (Hanoch Frankovits)Portfolio Financehttps://www.buyside-partners.com/en/insights/portfolio-finance/https://www.buyside-partners.com/en/insights/portfolio-finance/Portfolio finance – NAV lending, LP interest and GP financing – lets private fund managers and LPs access liquidity without selling assets. Benefits and risks.Thu, 25 Dec 2025 00:00:00 GMTprivate-creditfund-structuresinfo@buyside-partners.com (Chen Azaria)Converting a Private Fund into a Public Fund: Implications for Pricing and Liquidityhttps://www.buyside-partners.com/en/insights/private-to-public-fund-conversion/https://www.buyside-partners.com/en/insights/private-to-public-fund-conversion/After nine negative quarters and heavy redemptions, Bluerock TI+ converted from an interval fund to an NYSE-listed fund. Implications for pricing and liquidity.Thu, 25 Dec 2025 00:00:00 GMTfund-structuresinfo@buyside-partners.com (Hanoch Frankovits)First-Time Fundshttps://www.buyside-partners.com/en/insights/first-time-funds/https://www.buyside-partners.com/en/insights/first-time-funds/First-time private equity funds: investor sentiment, historical performance versus established managers, and the criteria LPs use to select emerging managers.Thu, 13 Nov 2025 00:00:00 GMTprivate-equityfund-structuresinfo@buyside-partners.com (Liran Weissman)A Look at the Sharp Price Declines in Listed BDCshttps://www.buyside-partners.com/en/insights/listed-bdc-price-declines/https://www.buyside-partners.com/en/insights/listed-bdc-price-declines/Listed BDCs fell ~16% in weeks. Lower base rates, tighter spreads, dividend cuts and credit-quality concerns behind the sell-off, and what may come next.Thu, 13 Nov 2025 00:00:00 GMTprivate-creditmarketsinfo@buyside-partners.com (Hanoch Frankovits)Search Funds: Recent Trends and Opportunities for Investorshttps://www.buyside-partners.com/en/insights/search-funds/https://www.buyside-partners.com/en/insights/search-funds/Search funds in focus: Stanford's 2024 study of 681 funds since 1984, an average IRR of ~35%, recent market trends, and the risks for investors.Sat, 20 Sep 2025 00:00:00 GMTprivate-equityinfo@buyside-partners.com (Chen Azaria)Rising Default and Delinquency Rates in the U.S. CMBS Markethttps://www.buyside-partners.com/en/insights/us-cmbs-defaults/https://www.buyside-partners.com/en/insights/us-cmbs-defaults/U.S. CMBS delinquency rose to 7.29% in August 2025 per Trepp, with office at a record 11.66% and multifamily at 6.86%. Sector trends and implications.Tue, 02 Sep 2025 00:00:00 GMTreal-estateprivate-creditinfo@buyside-partners.com (Liran Weissman)The Margin Squeeze in Residential Real Estate: A Decade of Rising Operating Expenses in the Multifamily Sectorhttps://www.buyside-partners.com/en/insights/multifamily-margin-squeeze/https://www.buyside-partners.com/en/insights/multifamily-margin-squeeze/A decade of multifamily opex inflation, led by insurance and taxes, is squeezing NOI, DSCR and refinancing. What investors should change in their models.Thu, 28 Aug 2025 00:00:00 GMTreal-estateinfo@buyside-partners.com (Chen Azaria)Semi-Liquid Funds – Between Accessibility and Structural Complexity: Trends, Advantages and Riskshttps://www.buyside-partners.com/en/insights/semi-liquid-funds/https://www.buyside-partners.com/en/insights/semi-liquid-funds/Semi-liquid funds: structures, private credit's dominance, fees, leverage and liquidity – and what investors should check before investing.Thu, 07 Aug 2025 00:00:00 GMTfund-structuresinfo@buyside-partners.com (Liran Weissman)Does Venture Capital in Israel Have a Future in Light of Recent Challenges?https://www.buyside-partners.com/en/insights/israeli-venture-capital-outlook/https://www.buyside-partners.com/en/insights/israeli-venture-capital-outlook/Israeli venture capital in H1 2025: nearly $4 billion raised in ~98 deals, the shift to follow-on and mega-rounds, cyber vs. Generative AI, and exits.Wed, 23 Jul 2025 00:00:00 GMTventure-capitalinfo@buyside-partners.com (Chen Azaria)Global Wealth at a Peak: Insights from the UBS 2025 Report and the Implications for Israelhttps://www.buyside-partners.com/en/insights/ubs-global-wealth-report-2025/https://www.buyside-partners.com/en/insights/ubs-global-wealth-report-2025/UBS Global Wealth Report 2025: 4.6% global wealth growth, 52 million everyday millionaires, $83 trillion in wealth transfers, and Israel's rising rank.Tue, 08 Jul 2025 00:00:00 GMTwealth-managementinfo@buyside-partners.com (Chen Azaria)Retail Investors Enter Alternative Investments: A Structural Shift and a Systemic Riskhttps://www.buyside-partners.com/en/insights/retail-investors-in-alternatives/https://www.buyside-partners.com/en/insights/retail-investors-in-alternatives/Retail capital is flowing into private markets via evergreen funds, ELTIF 2.0 and the LTAF. We examine the liquidity, valuation and systemic risks.Wed, 25 Jun 2025 00:00:00 GMTwealth-managementmarketsinfo@buyside-partners.com (Chen Azaria)The Popular Method for Benchmarking Closed-End Alternative Funds Against Public Indices Is, Well, Wronghttps://www.buyside-partners.com/en/insights/benchmarking-closed-end-funds/https://www.buyside-partners.com/en/insights/benchmarking-closed-end-funds/Why the PME method for benchmarking closed-end alternative funds against public indices is flawed: it ignores the uncertainty in fund cash-flow timing and size.Sat, 14 Jun 2025 00:00:00 GMTfund-structuresinfo@buyside-partners.com (Hanoch Frankovits)Asset-Backed Credithttps://www.buyside-partners.com/en/insights/asset-backed-credit/https://www.buyside-partners.com/en/insights/asset-backed-credit/Asset-based finance is growing as Basel rules push banks back. Key sectors – Non-QM, consumer, aviation, data infrastructure – and the risks investors face.Tue, 27 May 2025 00:00:00 GMTprivate-creditinfo@buyside-partners.com (Liran Weissman)Data Centers in the Era of Cloud and Artificial Intelligencehttps://www.buyside-partners.com/en/insights/data-centers-cloud-ai/https://www.buyside-partners.com/en/insights/data-centers-cloud-ai/Cloud and AI are driving surging demand for data centers. The investment case, plus the risks: high valuations, capital inflows, oversupply and slowing demand.Tue, 13 May 2025 00:00:00 GMTinfrastructurereal-estateinfo@buyside-partners.com (Chen Azaria)Between Financial Flexibility and a Warning Light: NAV Financinghttps://www.buyside-partners.com/en/insights/nav-financing/https://www.buyside-partners.com/en/insights/nav-financing/NAV loans let PE funds borrow against portfolio value instead of selling assets. Market growth, use of proceeds, LP transparency concerns and trends.Tue, 29 Apr 2025 00:00:00 GMTprivate-creditfund-structuresinfo@buyside-partners.com (Chen Azaria)How to Convert a Private Fund's Net IRR into the Total Return Terms of a Traded Producthttps://www.buyside-partners.com/en/insights/net-irr-to-total-return/https://www.buyside-partners.com/en/insights/net-irr-to-total-return/Why a private fund's net IRR is not comparable to a traded product's total return, and a five-premium framework and calculator for converting between them.Mon, 14 Apr 2025 00:00:00 GMTfund-structuresinfo@buyside-partners.com (Hanoch Frankovits)Are Continuation Funds Living Up to Expectations?https://www.buyside-partners.com/en/insights/continuation-funds/https://www.buyside-partners.com/en/insights/continuation-funds/Evercore and HEC data on continuation fund performance: TVPI, DPI and net IRR by vintage, single- vs. multi-asset, and comparison with buyout funds.Mon, 07 Apr 2025 00:00:00 GMTprivate-equityinfo@buyside-partners.com (Liran Weissman)How Employee Motivation Affects Share Pricehttps://www.buyside-partners.com/en/insights/employee-motivation-share-price/https://www.buyside-partners.com/en/insights/employee-motivation-share-price/J.P. Morgan research finds companies with strong human capital and intrinsic employee motivation delivered about 4% annual excess returns over the long term.Wed, 19 Mar 2025 00:00:00 GMTmarketsinfo@buyside-partners.com (Liran Weissman)Alternative Investments Review – Outlook for 2025https://www.buyside-partners.com/en/insights/alternatives-outlook-2025/https://www.buyside-partners.com/en/insights/alternatives-outlook-2025/Our 2025 alternatives outlook: the US mid-market, PE deal activity, growth equity, sector focus and a cybersecurity take-private case study.Mon, 10 Mar 2025 00:00:00 GMTmarketsinfo@buyside-partners.com (Liran Weissman)How Are Family Offices Changing the Rules of the Game?https://www.buyside-partners.com/en/insights/family-offices/https://www.buyside-partners.com/en/insights/family-offices/Based on PwC's 2024 study: how family offices are moving into impact investing, venture capital, M&A and real estate as active global investors.Mon, 10 Mar 2025 00:00:00 GMTwealth-managementinfo@buyside-partners.com (Chen Azaria)Management Buyouts: Why They Matter and What Makes Them Uniquehttps://www.buyside-partners.com/en/insights/management-acquisition-deals/https://www.buyside-partners.com/en/insights/management-acquisition-deals/How a management buyout (MBO) works: bank and private equity financing, when sellers favor it, the deal process, structuring principles and post-deal success.Mon, 10 Mar 2025 00:00:00 GMTprivate-equityinfo@buyside-partners.com (Chen Azaria)U.S. Venture Capital in 2024: Between High Valuations and a Liquidity Shortagehttps://www.buyside-partners.com/en/insights/us-venture-capital-2024/https://www.buyside-partners.com/en/insights/us-venture-capital-2024/U.S. VC in 2024: deal counts at their lowest since 2019, yet median valuations rose. Exits, liquidity, macro headwinds and AI, per PitchBook's annual report.Mon, 10 Mar 2025 00:00:00 GMTventure-capitalinfo@buyside-partners.com (Liran Weissman)