Private Markets Pathway for CFA Level III

The Private Markets Pathway extends the common core into private-asset structures, illiquidity, due diligence, and the decision logic required when cash flows, valuation marks, and governance are less transparent than in public markets.

Current Pathway Focus

• private-market structures and return mechanics
• liquidity, lockup, pacing, and valuation-uncertainty tradeoffs
• due-diligence reasoning where structure matters as much as thesis

This pathway hub is live so the official pathway is represented in the site structure. Substantive pathway lessons will follow in a later batch.