Private Markets

Learn the operating reality behind private equity, private credit, infrastructure and real estate: commitments, capital calls, valuation, liquidity and data.

Module

Private markets operations

How private equity, private credit, infrastructure and real estate actually run — commitments, calls, valuations and the data problem.

Foundation entry point45 min guided lesson

Structures, commitments and the cashflow cycle

Learn the idea first. Then see a model, walk through a case, practise with support and test recall.

lesson progress

1. Learn the idea

Investors commit capital to a closed-ended fund; the manager draws it down over an investment period and returns capital through distributions as assets are realised. Fees are typically charged on commitments early and on invested capital later.

What you will be able to do

• Explain LP/GP structures and closed-ended fund mechanics
• Describe the J-curve and its liquidity implications
• Model a simple commitment-to-distribution timeline

Capital call

Expert entry point50 min guided lesson

Valuation, transparency and the data gap

Learn the idea first. Then see a model, walk through a case, practise with support and test recall.

lesson progress

1. Learn the idea

Unlisted assets are valued periodically using models and comparables under a defined valuation policy, reviewed by a valuation committee and tested by auditors.

What you will be able to do

• Explain valuation governance in unlisted assets
• Assess the reporting gap between private and public holdings
• Frame the commercial opportunity in private-markets data

Total portfolio approachCapital call