Private equity remains an attractive asset class, says Chris Smyth, Americas Private Equity Sector Leader, EY. In this NAIC Market Update, Smyth, responsible for leading EY’s private equity professionals in 31 countries in the Americas, cites differential returns and the building out of attractive diversified platforms by PE firms for his bullishness. However, institutional investors deferring capital allocations during uncertain times could impact fund-raising in the near term.