Please see on-demand educational courses below.
Private Markets Academy
For decades, Neuberger has been a leader in delivering investment solutions across private and public markets. The Private Markets Academy extends that institutional investment knowledge directly to you, providing cutting-edge insights to educate, elevate and empower your portfolios with private markets exposure. Transform your investment approach and explore the Academy today.
Academy Topics
Fundamentals of Private Equity
An introduction to the fundamental concepts of private equity. Expand your private equity knowledge with timely insights, unique perspectives, and short video clips below.
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What is Private Equity?
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What is a Co-Investment?
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What is a Secondary Investment?
Why Private Equity?
Private equity provides investors with several advantages, including access to a broader universe of investment opportunities, diversification benefits and enhancements to the risk / return profile of a portfolio.
Private Companies Represent Over Two-Third of All Companies
Public markets do not cover the full investment universe. Private equity provides access and exposure to companies not available in public markets.
In 2000, 19% of U.S. companies were private | In the first half of 2025, 70% of U.S. companies are private
Source: PitchBook and World Federation of Exchanges. Data as of Q2 2025
Comparison of Public and Private Equity
Key differences of public equity versus common private equity fund structures
| Public Equity | Traditional Private Equity | Evergreen Private Equity | |
|---|---|---|---|
| Pricing | Daily market pricing | NAV published quarterly | NAV published monthly |
| Investment Pace | Invested immediately | Invested over time (i.e. ~3 – 4 years) | Invested immediately |
| Reporting | Daily market pricing, regulated reporting | Quarterly reporting, not always regulated | Monthly reporting, regulated |
| Liquidity | Daily liquidity | Illiquid. Generally 8+ year investment | Recurring opportunities for limited liquidity with periodic tender offers |
| Value Creation | Generally passive | Active | Active |
| Ability To Create Value | Low to none | High | High |
Life Cycle of an Investment
Private equity can offer access to a wide spectrum of business sectors and stages (i.e., start-ups, middle market and well-established enterprises) and has distinct value-add advantages throughout the life cycle of an investment.
Introduction to Private Equity Co-Investments
Watch the videos below to learn about private equity co-investments, why investors include them in portfolios, and strategies for accessing them.
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Introduction to Co-Investments
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How to Execute a Co-Investment
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Rationale for Co-Investments
Private Equity Manager AI Usage and Strategy Survey Findings
We surveyed our deep network of private equity managers for insights on how Generative AI is being adopted across private equity firms and portfolio companies.