Defence investing has quietly moved from exclusion to opportunity - reshaping private equity, venture capital, infrastructure, and private credit.

In this special solo edition of Balentic Edge, Kasper Wichmann, CEO and founder of Balentic, explores the drivers behind re-emergence of defence investment: shifting geopolitics, rising capital flows, and new technology layers from satellites to cybersecurity.

He unpacks the evolving manager landscape, LP risks and opportunities, ESG considerations, and why private markets, not public equities, are at the forefront of this transformation.

If you’re an LP, GP, or private markets professional, this episode offers a clear framework for approaching defence responsibly while capturing long-term value.

Listen now to understand how to approach defence effectively.