Frank Angella, Grove Street: LP/GP Dynamics

LPs are balancing limited resources with the need for more intensive due diligence, requiring GPs to work even harder to retain existing clients—and attract new ones, says Frank Angella, managing partner of Grove Street Advisors. In this wide-ranging video, Angella outlines this “new normal” in private equity investing, discusses how large institutions should approach venture capital investing, and highlights the opportunities in the healthcare services and energy sectors.