One investor calls it the country club problem.
When you’re on the outside, you want to be on the inside, but once you’re on the inside, you don’t want anyone else to be let in.
Private Equity
Private equity’s institutional investors reckon with a shifting balance of power
‘Some are proactive, others are evasive’: Amid a private wealth goldrush, LPs meet in Paris to reflect on the future of their relationships with buyout bosses
