The movies from my teenage years foreshadowed the topsy-turvy world of today's private equity industry. Back then, we heard of strange things afoot at the Circle K (Bill & Ted's Excellent Adventure) and dogs and cats living together (Ghostbusters). Today, a lack of distributions and secondary sales from longstanding leaders strange things in the industry and the convergence of public and private assets might feel like dogs and cats living together.

I've been thinking about how this will play out over time and in particular, where future commitments from LPs will land.

Read Ted's blog here.

Editing and post-production work for this episode was provided by The Podcast Consultant (https://thepodcastconsultant.com)