Knowledge Base
Tax strategy, healthcare before Medicare, the post-FIRE identity shift, and the financial decisions that get more complicated after you stop earning.
1054 articles — page 40 of 88
Liquid private equity refers to investment vehicles that provide exposure to private market strategies while offering periodic or continuous redemption rights unavailable in traditional closed-end PE funds. The category spans four structurally distinct product types, each with different liquidity te
Ares Management is not a pure-play buyout firm. That single fact shapes everything about how you should evaluate it as an LP. As of late 2024, Ares reported approximately $447 billion in AUM across credit, real assets, and private equity, with credit strategies representing the majority of that figu
Global private markets AUM reached approximately $13 trillion by end of 2023, according to McKinsey & Company's Global Private Markets Review 2024, with private equity representing the largest single share. That figure has grown roughly 3x over the past decade. For context, it exceeds the GDP of eve
Private equity return metrics are the difference between a well-constructed allocation and an expensive mistake. IRR, MOIC, PME, DPI, each answers a different question about the same investment, and no single number tells the full story. For investors writing $1M+ checks into illiquid vehicles with
Most career guides on the investment banking hierarchy treat the org chart as an end in itself. This one doesn't. If you're reading this, you're either evaluating banking as a wealth-building path, managing someone who came up through the ranks, or trying to understand where the real money is made a
The short answer is no, not in the way most FATFIRE investors would define one. PwC does not operate a traditional GP-managed, commingled venture capital fund open to outside limited partners. If you've been evaluating PwC venture capital as a potential LP opportunity, that's the first thing to get
IGP Private Equity operates in the mid-market segment, targeting companies with enterprise values roughly in the $50M to $500M range across healthcare, technology, industrial manufacturing, and business services. That positioning is deliberate. Mid-market deals attract less competition from mega-fun
Signals venture capital is the practice of reading quantitative and qualitative indicators to separate fundable startups from the rest. For FATFIRE-level investors, the more useful frame is not "how do I pick startups" but "how do I evaluate the fund managers doing the picking, and whether VC belong
US venture capital investment by year tells a story most retail-facing finance coverage gets wrong. From $23 billion deployed in 2010 to a historic $330 billion peak in 2021, followed by a sharp correction, the cycle reveals far more about macro policy and access dynamics than about startup quality.
Private equity fund service providers are the operational infrastructure that determines whether a fund runs cleanly or creates liability for every investor in it. For LPs committing $1M or more to a fund, understanding who these providers are, what they cost, and how to evaluate them is as importan
BlackRock venture capital is not what most people assume. The world's largest asset manager, with $9.1 trillion in AUM as of year-end 2023, does not run a traditional venture fund competing with Sequoia or Andreessen Horowitz for Series A deals. Its private markets activity sits inside BlackRock Alt
Venture capital accounting operates under a fundamentally different set of rules than public market investing. Portfolio companies have no quoted prices, fund structures create layered economic arrangements between GPs and LPs, and the standard metrics that work for liquid portfolios tell you almost