These Are the Top Energy Funds of the Past Decade

These Are the Top Energy Funds of the Past Decade

Natural resources investments have generally disappointed investors — but these managers are the exception, according to Preqin. The worst-performing asset class in alternative investments is natural resources — but some energy funds have managed to deliver outsize...
Private Equity’s $5 Trillion Gold Rush Reels In More Outsiders

Private Equity’s $5 Trillion Gold Rush Reels In More Outsiders

Not even the giants of cheap-as-it-gets index investing can resist the allure of private equity. After years of internal deliberations, Vanguard Group, the House John Bogle Built, with its $6.2 trillion in assets, has decided to open its very first private-equity...
Pension funds and private equity: a puzzling romance

Pension funds and private equity: a puzzling romance

Investors are supposed to be paid extra for lack of liquidity in investments. Not any more It is a guiding principle of finance that there is a premium to pay for tying up investors’ money in illiquid investments. The tighter those knots are, and the longer holders...
Ten Predictions for Private Equity in 2029

Ten Predictions for Private Equity in 2029

Implicit in these predictions is a conviction: private equity’s strong secular growth won’t be derailed by the vagaries of the next few economic cycles. Predicting, of course, is hit-and-miss, particularly when you’re looking 10 years out. Please don’t blame me if I...