Private Equity: Are the Doors to the Most Exclusive Club in Town Finally Opening? City AM

Private equity: Are the doors to the most exclusive club in town finally opening? City AM

Private equity has carved out a record as one of the best-performing assetclasses of the last 25 years – for the exclusive benefit of a privileged few. Now, at last,private investors can get in. Trillions of dollars have flowed into private equity in the past twenty-odd years. Global private capital assets under management reportedly more than tripled in the last decade alone, to around US$14.5 trillion and private equity accounts for two-thirds…

Private equity at a crossroads

LUDOVIC Phalippou, who holds a doctorate in financial economics from Oxford University, has become one of the most closely followed and debated voices in private equity. His articles in Enterprising Investor were among the most-read in 2024, and I was pleased to sit down with him for a wide-ranging conversation.