As the market broadens beyond the AI trade, shifting Fed signals and lofty earnings expectations demand more active judgment.

​​Recent liquidity events related to portfolio companies in which PIF invests through its private equity holdings​.

Private credit redemption pressure and default upticks are not likely to affect well-diversified secondary private equity portfolios.

Private equity (PE) buyout valuations have moved to unusually low levels relative to public equities.

The first phase of the AI trade rewarded broad calls: “Buy power!” “Sell software!” The next phase will require much more discrimination across business models, capital structures, and industries.

As Voya Investment Management continues to build momentum, we remain grounded in a simple principle: keep clients at the center of every decision.

Whether M&A or IPO activity is slowing or thriving, a strategy focused on secondary private equity may provide more stable cash flows.

Secondary private equity can potentially enhance the return and risk profile of a traditional 60/40 portfolio.

As markets react to this weekend's escalation in the Middle East, our CIO Eric Stein offers a grounded perspective on what's driving the volatility.

Unlike paper gains, realized PE distributions provide tangible value and fuel new compounding opportunities—key components of sustainable total return.