Enterprising Investor
Practical analysis for investment professionals

Private Equity


Capital Deployment Matters: A Smarter Way to Assess PE Returns

Uncover how idle capital distorts private equity returns and why measuring what’s actually put to work gives investors a truer picture of performance.

Private Markets, Public Promise: Africa’s Investment Inflection Point

For global investors, the signal is clear: Africa’s moment is here. The only question is, will you be part of building it?

Private Equity Returns Without the Lockups

Explore a new approach to replicating private equity returns with daily liquidity, combining futures, dynamic asset allocation, and risk management overlays.

Private Equity at a Crossroads: A Conversation with Ludovic Phalippou

Oxford professor Ludovic Phalippou challenges the private equity status quo in a candid discussion on performance, transparency, and the future of the industry.

Big Funds, Small Gains: Rethinking the Endowment Playbook

Endowments heavily invested in alternatives are falling well behind low-cost indexed portfolios.

Private Equity and Private Debt: Two Sides of the Same Coin

Explore how the growing convergence of private equity and private debt is transforming risk dynamics, return strategies, and regulatory concerns across the private capital landscape.

Quality of Earnings: A Critical Lens for Financial Analysts

Quality of Earnings: By approaching financials with this sharper lens, analysts can not only anticipate problems but also identify opportunities that align with long-term value creation.

How Do Shareholder Loans and Intangible Assets Impact PE Financials?

Investment professionals must carefully consider how shareholder loans and intangible assets influence financial ratios, as these factors materially shape the post-buyout financial landscape.

Decoding PE Buyouts: The Full Financial Picture is in the Consolidated Accounts

As the PE landscape evolves, investment professionals must understand how to correctly capture the full picture of a portfolio company’s performance.