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Deal-level benchmarks are transforming private market analysis, unlocking significant benefits for LPs, GPs and service providers, says StepStone Group partner and chief technology officer Tyler Johnson.

More sectors are being unlocked as buyers slash their exposure targets.

In today's edition, Why now might be the time to invest in software; GIC undergoes a sustainability shake up; A Hong Kong investor leans deeper into PE.

The system’s limited exposure to AI-related sectors has weighed on its PE returns, according to PE director Michael McGirr.

'My guess is 2021-24 will end up being bad vintages in private equity, while 2025-28 will be great vintages,' FP's DJ Deb told affiliate title PE Hub in a wide-ranging interview about how the firm will deploy its recently closed $21bn in capital commitments.

Some fear GPs are at risk of overpromising and underdelivering on AI’s ability to drive topline growth.

GTCR reported generating a whopping $8.1bn of realized value last year, more than triple the $2.3bn of 2024, and by far the largest amount generated in a decade.

Investors are keeping a close eye on AI, defence and liquidity dynamics but require managers to clearly distinguish their strategies from those available elsewhere, according to conversations at PEI Group's latest Investor Council gathering.

Inflows during the period were disproportionately buoyed by the $49bn raised for MGX Fund I in June.