QIC, the Australian investment giant, is leaning into shorter-duration investment opportunities amid private equity's liquidity crunch. The A$137.7 billion ($98.9 billion; €84.8 billion) institution sees co-investments and continuation funds as particularly compelling in today's investment landscape, partly due to their condensed time horizons relative to a 10-year fund life, partner Zach Jackson tells Private Equity International. These structures offer QIC more flexibility and quicker access to returns compared to traditional long-term private equity commitments.

The shift reflects broader market dynamics as private equity firms face challenges in exiting investments within standard fund cycles.