Summer Survey 2025: Life in private markets

June 24, 2025

Caroline Fink

Head of Marketing

Zurich, 24th June 2025

qashqade’s 2025 Summer Survey reveals the mounting pressure professionals face across the industry - and the rising emotional and reputational cost of staying on top.

With over 120 respondents, the results show that emotional stress is no longer a side effect, it’s a reality. Nearly three-quarters say the job is affecting their personal lives, and more than 1 in 5 have seriously considered leaving their roles or the industry altogether.

“When one error can compromise years of credibility, the pressure becomes deeply personal,” said Oliver Freigang, CEO and Co-Founder of qashqade.

Key findings at a glance:

  • Personal toll: 75% report significant personal impact, 20%+ have thought about quitting.
  • Fear of mistakes: 61% worry about reputational damage from calculation errors, with nearly half exploring automation to reduce risk.
  • Hard to switch off: Just 10% disconnect after 6 PM, and holidays often come with a looming sense of being pulled back in.
  • Coping strategies vary: From workouts to stress-chopping vegetables, professionals are finding creative outlets.

When one cell costs millions

The survey uncovered real-world consequences of errors, including multimillion-dollar misallocations and broken formulas leading to overpayments. With internal trust on the line, more professionals are turning to smarter tools and automation. Interestingly, the push isn’t just from leadership. Those doing the daily work are leading the charge for change.

“People closest to the data are the ones driving demand for better tools,” said Matt Craig-Greene, private markets advisor at Wagtails and survey partner.

Beyond the numbers: A confidence gap

Even the best-run funds aren’t immune from doubt. Several respondents admitted to uncertainty around core concepts like waterfall allocations or LPA interpretation. For many, unclear systems and documentation create quiet second-guessing that automation and transparency could help solve.

“This isn’t just about compliance, it’s about confidence,” added Freigang. “Professionals want tools they can rely on, so they can spend less time checking their work and more time adding value.”

About the Survey

The 2025 qashqade Summer Survey was conducted with support from private markets advisor Matt Craig-Greene (Wagtails), capturing insights from over 120 professionals across geographies and functions.

Gain access to the full report here: qashqade Summer Survey 2025

Press Contact

Caroline Fink, Head of Marketing

Caroline.Fink@qashqade.com

About qashqade

Engineered in Switzerland by private markets experts, qashqade guarantees accuracy, improves transparency, and builds trust between GPs, LPs, and their beneficiaries. The qashqade platform offers CFOs a modular, scalable solution capable of managing any asset class and any level of complexity.

With deep, specialized expertise in waterfall and carry calculations, qashqade empowers clients to navigate even the most intricate fund structures with confidence. More than just a technology provider, we partner closely with our clients to co-develop tailored solutions that deliver measurable value - today and as their needs evolve.

Headquartered in Zürich, qashqade also has offices in New York, London, and Budapest.

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