As investors go ‘back to the drawing board’ amidst a changeable market outlook for 2021, private equity is an asset class to access now due to its bias for long duration assets with attractive growth profiles. As structural tailwinds for technology continue to accelerate, there is a dearth of listed options for Australian investors to hold; in contrast, private equity offers exposure to businesses with quality recurring revenues at discounts to listed peers. Often underrepresented in investor portfolios due to concerns around liquidity, private equity investing with a truly hands-on approach allows active investors to maximise their capital growth potential. - David Leslie, Ellerston Capital. Earn 0.50 CE/CPD hrs on Portfolio Construction Forum