CFA Level III: Private Markets free practice

20 original questions with useful explanations. Apply what you know, then review the reasoning behind each answer.

Free 2026 CFA Level III Private Markets practice: 20 original questions and 60 detailed study concepts.

Mixed vignette-based multiple-choice and written constructed-response examination, answered in English. Two 132-minute sessions contain 11 item sets and 11 essay sets overall; one set of each type is unscored. Each item set has four multiple-choice questions, giving 44 multiple-choice items overall. Essay sets have variable numbers of items. The supplied documents do not explicitly establish a fixed answer-choice count for item-set questions; occasional multiple-choice questions within essay sets may have more or fewer than three choices.