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Democratisation
The expansion of private markets is underpinned by nuanced innovation in fund structures and sponsor partnership, say Nicole Runyan, Brad Green and Jamie Hahn, partners in the investment funds practice at Kirkland & Ellis.
The democratisation of private equity is not about granting access to private markets, but restoring prior access to economic growth, says Rajib Chanda, global head of asset management at Simpson Thacher & Bartlett.
Hybrid fund structures are an increasingly attractive route to democratisation, say Ropes & Gray’s Keith MacLeod and Capital Group’s Erik Vayntrub and Clara Kang.
Market volatility, an evolving investor base, rapid technological change and an ongoing lack of liquidity are helping to make the case for secondaries, says Pomona Capital CEO Michael Granoff.
Meet the up-and-coming operators featured in our Future 40 list for 2026.
In the report: How the next stage of private equity’s democratisation is beginning; The evolution of evergreen vehicles; Expert analysis from industry leaders; And much more…
In today's edition, Secondaries is on the up, though friction points remain; What's driving evergreen outperformance; Defence sees a deal deluge.
In today's edition, An IR vet shares tips for navigating PE's tech crisis; UK funds receive a major pension boost; US regulators are wary of insurance exposure to private markets.
Cash income, J-curve mitigation and diversification make GP stakes an attractive option for private wealth and retail investors. But a lack of liquidity could be a problem.
Valuation vaguery could prove a sticking point in PE's 'democratisation'; another GP launches a continuation fund strategy; climate investors target opportunistic 'grey areas'.