Private equity firms must fundamentally shift from financial engineering to backing businesses with genuine organic growth as higher interest rates eliminate traditional return drivers like leverage and multiple arbitrage. Nic Humphries, Senior Partner and Executive Chairman of Hg, demonstrates how three decades of focused software investing has built Europe's second-largest technology conglomerate by prioritizing customer value over financial manipulation.

According to Morningstar's "The State of Semiliquid Funds 2025" report, assets in semiliquid funds surged 60% to $344 billion by end-2024, with credit overtaking real estate as the largest asset class at $188 billion. Interval funds are experiencing record launches, with 19 new funds through May 2025 already approaching 2024's record of 27 launches.

AI will underwhelm in 2 years but overachieve in 10, says Blackstone CTO who warns data quality trumps flashy AI tools.

Ted Seides interviews Michael Sidgmore, co-founder of Broadhaven Ventures and creator of the Alt Goes Mainstream podcast, about the massive shift of private wealth into alternative investments. Sidgmore, whose career spans Goldman Sachs, iCapital, and fintech ventures, explains how individual investors are following institutions into alternatives but at an accelerated pace.

BlueMatrix acquires Street Context to create an integrated platform for financial research publishing, distribution, and analytics.