Rising capital costs prompt private market opportunities beyond AI sector

Despite increasing costs associated with capital, David N. Miller suggests that private markets retain avenues for investment. He points to opportunities that extend beyond the current fervor surrounding artificial intelligence. Miller highlighted specific areas where private markets remain viable, including providing flexible financing solutions for assets that are proving difficult to refinance. Furthermore, he noted opportunities exist within infrastructure projects that are outside the immediate scope of the AI boom. When discussing the AI sector specifically, Miller addressed the long-term potential of the technology while also cautioning investors about the risks associated with concentration. He emphasized that a highly selective approach is crucial for investors navigating this evolving landscape.