Hamilton Lane’s Hirsch on PE Returns, Sitting on the Sidelines

The video discusses the evolution of private equity as an asset class, highlighting its shift from absolute to relative returns. It explores the impact of institutionalization on private equity's information advantage and the challenges faced by asset allocators in achieving return targets. The video also examines market dynamics, particularly the reluctance of private equity to engage in distressed opportunities, and the trends in leverage and debt within the sector.

How has the influx of capital affected the private equity market?

What challenges do asset allocators face in the current market environment?

What is the relationship between interest rates and debt loads in private equity?