Investors in PE funds keep making commitments to new funds and funding capital calls. Yet the return of capital and profits from the last two or so vintage funds is moving very very slowly if at all. For first generation successful families, investing in PE and VC funds may be akin to the dog who chases and the catches the car. The chase may be more fun than the catch.
Lifestyle & Personal Notes
October 8, 2025
6:11 pm
Watch House of Guinness on Netflix. “Ideas are a commodity. Execution of them is not.”