Capital, Performance, and Regulation: An In-depth Analysis of Private Equity's Evolution

This paper explores the evolution of private equity (PE), tracing its origins to early investment models and analyzing its modern developments. The focus is on understanding the dynamics of PE performance during downturns, the role of dry powder, and the challenges of regulation and transparency. Additionally, insights from interviews with local private equity professionals shed light on decision-making, risk management, and valuation methods in the private equity industry today.