Trends Toward Long-Hold

Abu Dhabi fund’s $2 billion contribution comes as buyout firm nears completion of new $18 billion-plus flagship fund

There’s a reason the Oracle of Omaha is an ultra billionaire as he turns 90: He grasped the power of compounding at the age of 10. The sooner the rest of us fully understand it, the better off we’ll be.

Raise a new fund. Buy your old fund’s assets. Repeat.

A Duke University professor cautions against the business school “tale” of the private equity “knight in shining armor.”

Can anything grow at a double-digit rate over the centuries?

closed-ended vehicles put pressure on managers and commitment pressure on investors, which is why many are eschewing traditional approaches in favor of more flexible, long-term strategies.