Private Equity

Venture Capital

Emerging Managers Need More Than LP Commitments

Emerging managers need more than LP commitments. Before management fees arrive, they must build the management company LPs are willing to underwrite. Management Fee Facilities point to one way to finance that pre-fee gap.

Private Markets

Private Markets Are Getting a New Gatekeeper

Private wealth is often described as the next growth channel for private markets. But the more important question is not how much high-net-worth capital exists. It is who organizes it, selects products, educates advisors, and decides which managers gain access.