Liquidity remains a central concern for investors allocating to private markets, and recent market events have raised questions around the structure and safeguards of semi-liquid structures and evergreen products. Delayed exits and slower distributions are leaving investors with growing positions in assets they cannot easily rebalance, creating unintended concentration and portfolio drift.

This panel will examine how to approach liquidity with greater discipline, from assessing redemption terms and liquidity pockets to understanding the role of leverage, manager positioning and product structure. Explore how investors are using cash flow forecasting tools and programmatic deployment strategies to align capital calls and distributions, smooth vintage exposure and reduce reliance on individual investment timing decisions. Learn how to manage pacing, align liquidity with underlying assets and construct portfolios that can withstand periods of stress while still capturing long-term private markets returns. Assess how a broader mix of private asset classes, including secondaries and private credit, can help offset the effects of slower exits through different cash flow profiles, and how you can maintain control over portfolio construction when liquidity is constrained.