Hedge funds boom as investor enthusiasm for private equity falters
Industry racks up largest asset gains on record, benefiting from buyout groups’ difficulty returning cash to clients
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Retail investors cool on private equity as jitters spread
Fundraising by evergreen vehicles has slowed amid worries about exposure to software and AI
Private equity backers offload record amount of old fund stakes
Deals in which investors sell holdings in ageing funds set to hit $110bn
Private equity investor body sounds alarm over rush of retail money
Popularity of evergreen vehicles with wealthy individuals could ‘fundamentally alter the landscape of private equity’
Pension funds scoop up ex-private equity executives
Prolonged downturn in dealmaking has meant fewer opportunities and squeeze on pay
Private equity’s comeback is missing one key ingredient
The industry has come under the spotlight for circular dealmaking, but it has always eaten a lot of its own cooking
Investors bet on smaller private equity funds to break deal drought
Larger funds’ global share of commitments slides as fundraising winter drags on