Why the U.S. Lower Middle-Market Might Be Your Best Diversifier with Leading Global Economist and Harvard Business School Professor Josh Lerner

How can investors better diversify their portfolios while enhancing risk-adjusted returns?

Leading global economist and Harvard Business School Professor Josh Lerner joined Brett Hickey to share insights from his latest research on the U.S. lower middle-market and its role in modern portfolios.

Professor Lerner’s findings highlight the lower middle-market’s strikingly low correlation with traditional asset classes such as the S&P 500 and broader private equity. This differentiation may offer investors a valuable source of diversification, particularly in today’s evolving market environment.

In addition to diversification benefits, his research points to the potential for significantly stronger risk-adjusted returns, reinforcing the lower middle-market as a compelling allocation for investors seeking resilient, long-term performance.

If you would like to learn more about these insights, please contact ThoughtLeadership@StarMountainCapital.com.

Please see our general disclosures here: https://bit.ly/SMC-General-Disclosures. Professor Lerner is a compensated Senior Advisor of Star Mountain Capital and was engaged by Star Mountain Capital to prepare the market analysis referenced in this post. Past performance and economic data are not indicative of future results.