Trends Impacting Private Markets
H1 2026
Key Takeaways
Global Fund Banking’s survey of 227 PE/VC firms shows pockets of positive sentiment amid a still-difficult fundraising environment.
41% of firms surveyed raised co-investment capital in 2025
Only flagship funds were more popular, at 57%.
2x rise in LP interest in private credit since 2023
This mirrors the 2x decline of LP interest in late-stage venture capital.
62% of respondents expect higher distributions in 2026
That compares to 44% reporting higher distributions in 2025 vs. 2024.



