The universe of private equity (“PE”) is vast given that most companies globally are privately held. Family offices and other institutional investors have maintained sizable PE allocations for decades, and more individual investors are following suit. 

Joe Baratta,Black Stone’s Global Head of Private Equity, discusses the evolution of private equity, the advantages of the private market, private equity’s historical outperformance, and Blackstone’s approach.

This article is quoted from Blackstone.

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