The value of global private assets funds is forecast to increase by 70 per cent over the next five years to $23.9trn, according to Ocorian’s Global Assets Monitor.

The monitor showed that the value of private assets held in funds has risen to a record $14.05trn this year, representing a 77 per cent increase since 2020 and a 205 per cent increase since 2015.

In 2025 to date, the global value of private markets funds has increased by 9.6 per cent, according to Ocorian.

It predicted that global private equity fund asset values would be the key driver of growth, doubling to $17.4trn by 2030.

Infrastructure, private debt, and real estate funds were also forecast to perform strongly over the next five years to total $6.5trn by 2030.

Ocorian’s Global Asset Monitor, which also analyses listed equities, sovereign bonds, corporate bonds, and municipal agency and other bonds, estimated that total global assets increased by $24.08trn in the first eight months of 2025 to a record $267trn.

Total global private equity, private debt, infrastructure, and real estate funds all hit record valuations, and Ocorian expected this growth to continue.

However, the firm believed that growth in assets will drive consolidation, with mainstream fund managers increasingly targeting the private markets sector.

"The decade ahead will be transformational for global asset management,” said Ocorian global co-head of fund services, Yegor Lanovenko.

“By 2030, private assets could expand by more than 70 per cent to almost $24trn, with structural shifts across investor profiles and how private markets products are distributed.

“We are seeing a handful of global managers consolidate fundraising power, while new channels, including RIAs, retirement schemes, and specialist platforms, are reshaping investor engagement.

“For mid-market managers, this intensifying battle for distribution makes strategic partnerships, operational leverage and specialisation vital.”

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