Jon Caplis, CEO of PivotalPath, talks about how bad benchmarks have distorted fund performance, hamstrung the industry, and what needs to happen to finally resolve the problem.
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Private equity is facing the reality of too much dry powder, too few exits, sinking distributions, and fee compression.
The nonprofit that funds free speech and pro-democracy programs has brought on two family office vets to head up its first in-house investment office in 20 years.
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