Topics du jour included LP sentiment around today’s heady fundraising environment and frenetic dealmaking; the pervasiveness of continuation vehicles; and the democratisation of private markets.

Private equity firms need to be cautious about how they are leaving a lasting mark in a market fertile for takeovers.

Unslakable investor thirst for the asset class has contributed to some of the best fundraising conditions in history and led to concerns over how managers are putting that money to work.