Tables & Team Notes
Today’s heightened sense of uncertainty is leading to a boom in targeted investment, whether that’s co-investment, direct investment, GP-led secondary deals, or pre-seeded funds unveiled by previously fundless sponsors. In a year of records – in fundraising, dealmaking, distributions and overall secondary volume – everyone in private equity is keeping a wary eye on risk. This mirrors a broader new normal as society learns to live with, adjust to and even thrive under a wide range of potential dangers.
Indeed, risk and how it can be minimized in private equity, even as PE achieves new milestones, is a theme running through these pages. It’s a motivator for investing outside of classic fund structures, the subject of our roundtable, and it’s behind the record levels of targeted investment documented in this review. As always, we hope the information found here helps you make the right business and investment decisions. To all, we wish health and happiness over the holidays and a joyful 2022!
Sincerely, The Triago Team