This special report brings together the best of Preqin’s content in 2025 – a curated selection of our strongest data-driven analysis and storytelling across private markets.

• AI and infrastructure: Record levels of AI‑driven data‑center investment and private capital’s growing role.

• Fundraising signals: The state of fundraising as of 2025, emerging bright spots, and renewed LP appetite.

• Liquidity solutions: New approaches to liquidity, including continuation funds and secondaries.

• Private wealth momentum: How HNWIs and family offices are rethinking private market allocations.

• Service provider evolution: How technology and diversification are reshaping the service provider landscape.

• Fees and fund terms: What shifting fee structures reveal about competition and strategy.

• New venture frontiers: How VC is backing innovation across healthcare, energy, and spacetech.