Clockwork

Clockwork’s Summer Solstice Report is out. A high-signal briefing for a fractured market, our latest report decodes how allocators are navigating 2H 2025.

From AI-led venture shifts to liquidity engineering in private equity, and the rise of family offices as strategic capital, the report serves as a clear lens on capital formation, risk, and opportunity across private markets. Read the full report here: bit.ly/clockwork_solstice_re…

In our latest piece, we revisit the 2018-2019 trade war and ask:  What’s changed? What hasn’t? And what should investors watch for this time around? bit.ly/the_clockwork_orbit

Same players, same playbook? With tensions cooling between the U.S. and China (for now), it’s the perfect moment to pause and study a pattern we’ve seen before - same countries, same presidents, nearly the same script.

Here's our latest infographic breaking down the rise of GP-led transactions pricing trends across Buyout, Venture, and Infrastructure, and more.

In 2024, the secondary market hit a record $152B, with GP-led deals accounting for nearly half of total volume. As investors chase liquidity and GPs seek more control over fund life cycles, secondaries are becoming a core portfolio strategy.

From private equity to credit, direct investments, real estate, real assets, and even collectibles, we break down the essentials (and the numbers) you need to know. bit.ly/42s9qLl

Alts Are the New Black It’s no secret that the world’s top investors have moved far beyond the old 60/40 stock/bond portfolio. That’s why we put together a fresh primer on alternatives — what they are, why they matter, and how to build smarter private portfolios.

If you're trying to make sense of today's economy—and tomorrow’s risks—this one's worth your time.

Our team at Clockwork dug into the data, the history, and the current policy shifts to trace a century-old pattern that might just be repeating itself. This isn’t just theory—it’s a macro backdrop that could define the next few years.

Tariffs. Inflation. Slowing growth. If it feels like we’ve seen this movie before, it’s because we have—nearly 100 years ago. The cast has changed, but the plot? Eerily familiar. History doesn’t repeat, but it does remix. bit.ly/4j0EUOg

Standardized reporting in private markets has long been a challenge, and ILPA’s updated reporting template aims to bring more transparency and efficiency to it. But will GPs and LPs actually adopt it? We break down what’s new and why it matters here: bit.ly/3R3Asln

With single-asset continuation vehicles (SACVs) now making up over 50% of GP-led secondaries, it’s clear these structures are becoming a mainstream strategy. But what are the trade-offs, and how can investors approach the complexities? bit.ly/41HFBWw

Continuation Funds: Why GPs Are Doubling Down on Their Best Bets Private equity managers are increasingly turning to continuation funds to extend their hold on high-performing assets—giving LPs liquidity options while doubling down on their best investments.

Climate tech has outpaced VC activity in recent years, but 2024 brought new challenges—regulatory shifts, funding slowdowns, and shorter cash fluxes for startups. Yet, with a projected 25% CAGR through 2029 and strong policy support in regions like the EU, opportunities remain.

In our latest What’s Ahead piece, Alex Goodman and @cm_shea break down key trends across asset classes and what to watch in the year ahead, including: - Macro Outlook - Venture Capital & Private Equity - Private Credit - Real Estate - Crypto bit.ly/4hfFUwx

2025 is shaping up to be one of the most uncertain years in recent memory—but that doesn’t mean opportunity disappears. Despite market challenges, alternative investments remain in high demand as capital seeks outsized returns.

🔄 Continuation vehicles going mainstream – Once niche, these funds now help GPs hold high-performing assets longer while offering LPs liquidity. Discover how investors are adapting here: bit.ly/41uPGWK

💰 Private debt unlocking liquidity – Private credit funds are stepping in with flexible financing, from dividend recaps to alternative funding for PE-backed companies.

✅ M&A leading the way – A backlog of unrealized assets and pressure for distributions are driving deal activity, with lower interest rates making acquisitions more attractive.