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4 November 2026

Private equity performance faces a reckoning

Institutional investors and private equity firms often present target internal rates of return of 20% or higher, yet these figures frequently diverge from reality. Aswath Damodaran argues that such targets serve as marketing props rather than financial metrics, as actual…

3 November 2026

Law firms and tech giants adopt startup-style capital strategies

Law firms are increasingly using Management Service Organizations (MSOs) to access external capital, mirroring the growth-stage funding models seen in the technology sector. By separating administrative and operational functions into an MSO, firms can attract outside investors who provide capital…

2 November 2026

Private Equity Struggles with Liquidity and Valuation

Private equity firms are currently struggling to return capital to investors, with global distribution rates collapsing from roughly 24% between 2015 and 2019 to 9.6% since late 2021. This decline stems from rising interest rates, which have reduced the value…

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