Private Equity

47 articles in this category — page 4 of 4

Private Equity

How Private Equity Valuation Works: DCF, Comps, and Multiples

Private equity valuation is the process of determining fair market value for illiquid, privately held assets where no public price exists. For investors managing $5M+ in private holdings, getting this right directly affects IRR, tax liability, estate planning efficiency, and exit timing. According t

15 min read

Private Equity

Can You Actually Invest in Clearlake Private Equity?

Clearlake Capital Group is a Santa Monica-based private equity firm founded in 2006 by José E. Feliciano and Behdad Eghbali. It manages over $90 billion in assets across buyout and credit strategies, concentrating on technology, software, industrials, and consumer sectors. For FATFIRE-level investor

17 min read

Private Equity

How the 8% Preferred Return Hurdle Works in Private Equity

The preferred return in private equity is the minimum annualized return LPs must receive before the GP collects any carried interest. Think of it as the price of admission for performance compensation: the GP earns nothing above their management fee until investors clear this threshold. Most buyout

17 min read

Private Equity

HVAC Private Equity: Where the Returns Actually Come From

HVAC private equity has become one of the more crowded trades in the industrials space, and for defensible reasons. According to IBISWorld, the U.S. HVAC industry generates over $100 billion in annual revenue, with demand anchored by residential construction, commercial retrofits, and a federally ma

14 min read

Private Equity

The Top Private Equity Firms in NYC and What LPs Get

New York hosts the highest concentration of private equity capital anywhere in the world. Blackstone, KKR, Apollo, and Carlyle's New York operations collectively manage trillions in assets, but the city's PE ecosystem runs far deeper than those four names. Understanding who the real players are, and

16 min read

Private Equity

Why Private Equity Business Intelligence Drives Top-Quartile Returns

Cambridge Associates' long-run benchmark data shows that top-quartile PE funds have historically outperformed public market equivalents by 300 to 500 basis points net of fees. That outperformance is heavily concentrated in the top two quartiles. Which means the most consequential decision you make i

14 min read

Private Equity

GP vs LP in Private Equity: Control, Returns, and Liability

In private equity, the GP vs LP in private equity distinction comes down to control versus capital. General Partners run the fund: they source deals, manage portfolio companies, and make every investment decision. Limited Partners supply the money and collect returns. The legal and financial consequ

18 min read

Private Equity

How 2 & 20 and Hidden Layers Eat Your Private Equity Returns

Private equity fees follow a layered structure that the standard LP agreement buries across dozens of pages. Management fees, carried interest, transaction fees, monitoring fees, and fund-of-funds layers can combine to reduce your net IRR by 3 to 7 percentage points relative to gross fund returns, a

15 min read

Private Equity

Do Private Equity Owned Companies Actually Outperform Public Markets?

Global private equity assets under management surpassed $8 trillion by 2023, according to Preqin. That capital is reshaping industries, compressing public market opportunities, and creating a distinct set of risks and returns that standard portfolio advice simply does not address. If you hold $5M+ i

16 min read

Private Equity

Is Carlyle Private Equity Worth It With $5M+ in Liquid Assets?

Carlyle private equity manages over $370 billion in assets across buyout, growth equity, real assets, and credit strategies. Founded in Washington D.C. in 1987 by David Rubenstein, William Conway Jr., and Daniel D'Aniello, the firm has grown into one of the four dominant global alternative asset man

15 min read

Private Equity

Private Equity Databases: PitchBook vs Preqin vs Cambridge Associates

Global private equity assets under management surpassed $8 trillion in 2023, according to Preqin's 2024 Global Private Equity Report. At that scale, the difference between a well-sourced allocation and a mediocre one comes down to data access. A private equity database is the infrastructure that mak

16 min read