Private Markets Firms Face SPV Execution Pressure as LP Demands Rise

Private markets firms are grappling with heightened demands from limited partners (LPs) for more tailored special purpose vehicle (SPV) arrangements, with 86% of professionals noting this trend. Transparency and detailed reporting are top priorities for LPs, with 76% emphasizing these as crucial. The push for single-asset SPVs has surged by 82%, driven by increasing liquidity and execution pressures, as firms navigate a more challenging fundraising and exit landscape. This shift underscores the growing complexity and scrutiny in private markets, impacting how firms structure deals and manage investor expectations.