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Exploring the Growth and Factors Driving Private Equity
This chapter delves into the terminology of general partners (GPs) and limited partners (LPs) in private equity firms, highlighting the reasons behind the growth in private market fundraising and the significant role of large LPs in this trend. It also discusses the outperformance of private equity, the emergence of private equity in emerging markets and ESG funds, and the increasing reliance of young companies on private markets for financing.