The private markets industry continues to attract significant interest from investors seeking higher returns and portfolio diversification. Over the past three decades, the number of public companies have declined nearly 40 percent while the number of private companies have grown more than 50 percent, in part driven by low interest rates, a surge in tech startups, as well as changing investment philosophies With so much uncertainty in the markets today, where is the room for growth? Is the private markets industry perhaps replacing public markets as the new traditional asset class? And if alternatives are the growing mainstays in modern portfolio construction, how are managers differentiating themselves from their peers?