Pravi Prakash

For much of the period following the GFC, cheap and readily available debt and rising valuation multiples provided a supportive backdrop for private equity returns. Today’s higher financing costs and demanding entry valuations have made the return equation less forgiving.

AI is accelerating change across private equity and credit, forcing investors to reassess risk, resilience and operational alpha

The asset class has regularly been in the headlines and the concerns are legitimate – but these issues can also be interpreted as signs that the sector is maturing.

The GP-led secondaries market isn’t fading – it’s maturing. As continuation funds face tougher underwriting, stronger governance demands and more selective buyers, only deals…

Pravi Prakash considers whether the best solution for both GPs and LPs may be a combination of both asset classes