The global capital markets are in a state of transformation driven by persistent inflation, recession fears, and geopolitical tensions. With traditional policy tools constrained and public market activity slowing, private capital is stepping in to reshape global investment dynamics. Macro volatility, shifting trade policies, and fiscal divergence are pushing institutions to rethink their strategies and structures. At the same time, technology adoption—particularly AI and automation—is redefining how firms manage liquidity and make decisions. Private credit is booming, offering yield but raising questions about long-term viability and systemic impact. As investors navigate a fragmented and protectionist environment, institutions are uncovering new ways to scale and enhance resilience. Can breakthroughs in capital formation and market infrastructure renew enthusiasm for public markets? How will the evolving macroeconomic climate—shaped by monetary policy, interest rates, trade tensions, and geopolitical shifts—influence capital formation, investor behavior, and the future of global markets?