Quarterly Report
PMA Quarterly Outlook: 2026 Capital Market Assumptions – Welcome Asset-Based Lending!
Our new Private Credit taxonomy adds granularity to the opaque lending universe and introduces Asset-Based Lending—attractive entry points, elevated risks. Private Real Estate delivers the largest upgrades from 2025, while Public REITs and Public Infrastructure present compelling opportunities that investors should not overlook.
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BCA Research | Private Markets & Alternatives
Public-private allocation guidance, capital market assumptions, and strategic insight to help investors build forward-looking portfolios they can act on and defend.
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