Cover Story

There has been a re-emergence of so-called 'hybrid funds,' with names like 'pledge funds,' 'search funds' or 'program funds.'

When dealmakers branch out on their own, they often invest deal-by-deal before raising a blind-pool fund. But other ideas are in play as the fund-less sponsor market searches for capital.

Emerging managers shouldn’t discount the value of bringing on a CFO early. Here’s how to source one that can set up a firm’s operations for years to come.

Some LPs reject the idea of investing alongside retail vehicles outright. Others accept that it is a tsunami they will have to ride and are making progress in how they protect their privileged place.

Marcie Frost started out as a teenage mother with a temp job as a typist. She would rise to become the CEO of the largest public pension in the US, without receiving a college degree, and experiencing a diversity of roles along the way that no college degree could buy.

Marcie Frost rose from being a typist without a college degree to being CEO of CalPERS, the largest public pension fund in the US. She is one of 10 women on our list who exemplify what it takes to thrive in the world of private equity.

A new dynamic is driving private equity fundraising. In an increasingly bifurcated market, success will be yours according to whether you've returned capital to LPs.

Investors predict there’s a coming wave of zombie funds in PE. Will they be overrun or face them head on?

LPs confront GPs’ creative – or some would say ‘desperate’ – efforts to stay in market without a new fund.