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As PE Deals Stall, Allocators Pull Back on New Commitments While GPs Stay Hopeful

While allocators like the University of Rochester’s Rob Rahbari say there's “too much in illiquid private markets,” asset managers remain optimistic about fundraising.

James Comtois

Opinion: We Built Discretion into These Funds. Then We Gave It Away.

Everyone is a long-term investor until they’re not. For a decade, our industry has been designing and promoting products that make it seem like you can be both at the same time.
Aaron Filbeck March 6, 2026