Private markets have long been shrouded in mystery. Many people hold strong opinions about them, but these opinions are often not rooted in facts - due in part to the fact that data on private markets has been scarce, making it difficult to assess true performance. But data is available - and it debunks some of the most common misconceptions about private markets. In fact, the data shows that private markets not only demonstrate more resilience than traded assets during downturns, private equity has also historically beaten public markets, besting liquid equities over most 10-year time periods. Private equity can represent a target-rich environment, the market potential of which studies show is larger compared to publicly traded companies. In all, private markets should not be overlooked by investors. - Hamilton Lane's Mario Giannini. Earn 0.50 CE/CPD hrs on Portfolio Construction Forum