Risk: Time, Capital Loss, And Yesterday Versus Tomorrow

The next dollar into Private Equity carries more time and opportunity cost risk. We do not see a high risk of permanent capital loss for the next vintages; existing vintages we do. While our primary focus revolves around the next dollar, it is valuable to comprehend the risks associated with current investments made through yesterday's allocations. In this report we delve into risks pertaining to dollars invested in the past and those earmarked for the future, with a special emphasis on Buyouts.