Publications

News & Insights

Insights, analysis, and latest thinking on markets, managers, and the future of alternatives.

All Publications

Stay up to date with how capital flows through private markets.

The State of Private Equity: Concentration Driving a Narrow Recovery

How liquidity constraints, extended holding periods, and elevated dry powder are shaping capital deployment, exit dynamics, and performance dispersion across private equity.

Tim Lee, CFA

Alternative Credit

A Comparison of Investor Access Points

How different access points shape outcomes in middle-market direct lending, across liquidity, fees, transparency, discounts to NAV, convexity, and downside protection in public BDCs, private vehicles, institutional funds, and secondaries.

Alternative Credit

February 3, 2026

Middle-Market Direct Lending Outlook

Explore the trends shaping private credit in 2026. From structural crowding and yield compression to recessionary tailwinds and dislocation-driven opportunity.

In the News

Stay up to date with how capital flows through private markets.

LPs are lowering their return expectations, but don’t expect fundraising to get easier

Institutional investors are coming to the realization that the era of easy, outsized returns is over.

Thirdpath Launches To Provide A Next Generation Private Markets Solutions Platform

Co-Founders Brey Jones and John McGuinness to Build Private Markets Portfolios by Identifying Compelling Bespoke Investment Opportunities

Thirdpath Launches to Provide a Next-Generation Private Markets Solutions Platform

Co-Founders Brey Jones and John McGuinness to Build Private Markets Portfolios by Identifying Compelling Bespoke Investment Opportunities

Thirdpath Launches To Provide A Next Generation Private Markets Solutions Platform

Co-Founders Brey Jones and John McGuinness to Build Private Markets Portfolios by Identifying Compelling Bespoke Investment Opportunities

Private Markets Solutions Platform Thirdpath Launches

Thirdpath, a next-generation private markets solutions platform, today announced its public launch following its formation last year.

Thirdpath Launches Private Markets Solutions Platform to Deliver Bespoke SMA Investment Strategies Across Private Equity and Private Credit for Institutional Allocators

Thirdpath, LLC (“Thirdpath” or “Firm”) has announced its public launch as a next-generation private markets solutions platform designed to address the evolving needs of institutional allocators.

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Ready to Navigate to Private Markets?

Helping allocators move with clarity, speed, and confidence.

Brey Jones

Managing Partner

"Let’s turn strategy into action."

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