HarbourVest 2026 Mid-Year Private Markets Outlook: Idiosyncronicity Decoded
The defining feature of today’s market is that macro forces including AI disruption, interest rates, geopolitical fragmentation, and pockets of credit stress are interacting in synchronized and mutually reinforcing ways. In this report, HarbourVest examine how that dynamic is playing out across seven themes spanning venture, growth equity, buyout, private credit, infrastructure, and secondaries, the Outlook provides a timely perspective on the macro forces influencing private markets.
[Podcast] HarbourVest's Podcast The Second Order: Private Markets Decoded
In the inaugural episode, Market Strategists Scott Voss and Mindy Lahrman explain why that idea inspired a new term for HarbourVest’s 2026 Mid-Year Private Markets Outlook: idiosyncronicity.
They explore how the same market environment is producing vastly different outcomes across companies, managers, and portfolios, and how that dynamic is playing out across four themes: AI, exits and performance, evergreen funds, and the current market share shift.