The Shakeout Is Real This Time

The exit of weaker GP teams from private equity will have a “salutary effect” on the asset class, according to Kevin Albert, a Partner at Pantheon Ventures. The veteran fundraiser, who now heads up client services for the investment advisory firm, details why he believes a significant number of private equity firms will need to wind down their activities in the current market. Albert also analyzes the morphing of the fund of funds industry, shares why he believes the Latin American market will quickly mature, and predicts that investment-vehicle innovation will blossom in the next two to three years, transforming private equity in unprecedented ways.