The dividend recapitalization has returned to the private equity playbook with renewed intensity over the past eighteen months. The reason is not subtle. With exits slowed, DPI weak, and LPs pressing ...

A decade ago, separately managed accounts and fund-of-one structures in private equity were rare exceptions, used mostly for the largest sovereign wealth funds and a small number of strategic LPs that...

The structure that used to define private equity, a closed end fund with a five to seven year hold mandate and a defined exit pressure, is no longer the only structure in the market. Over the past fiv...

For most of the modern private equity era, IRR was the metric that defined fund performance. It was reported on the cover page of every quarterly update. It was the headline statistic in every fundrai...

NAV lending has moved from niche financial product to standard liquidity infrastructure inside private equity in less than five years. Most established sponsors now have at least one NAV facility on t...