In this new whitepaper, commissioned by Heard Capital, Bella Private Markets investigates trends and opportunities in the lower middle market (LMM) of the private debt industry. This whitepaper explores growth in this segment, evaluates historical returns, and considers how private debt funds may achieve strong risk-adjusted returns in the LMM.

Continuing our collaboration with the Association of Asian American Investment Managers (AAAIM) on Asian American and Pacific Islander (AAPI) representation in private markets, a new report was recently released focusing on AAPI-owned firms’ access to emerging manager programs and representation in institutional investor portfolios.

Bella Private Markets collaborated with the Coller Research Institute to produce the milestone twentieth issue of Private Equity Findings, a publication that curates the most important cutting-edge academic research on private equity and brings together leading practitioners to discuss its implications.

Included in the July 2023 issue of The Journal of Portfolio Management, our paper “Takahashi–Alexander Revisited: Modeling Private Equity Portfolio Outcomes Using Historical Simulations” introduces a new approach to cash flow forecasting.

One of the most vexing questions in private equity is the assessment of investment returns. We provide an overview of private market performance benchmarking.

Simulating private equity portfolio outcomes using historical cash flow data and Monte Carlo methods.

We offer a comprehensive look at diverse ownership of asset management firms.