The secondary private equity market has entered a new era, one defined by scale, sophistication and structural permanence.

Reviewed by Charlene Rhinehart Fact checked by Yarilet Perez Key Takeaways Private equity (PE) funds invest in underperforming companies, improve them, and aim for profitable exits.Hedge funds use ...

Funds are a type of investment vehicle that allows individuals to pool their money together to invest in a diversified portfolio of assets, such as stocks, bonds, or real estate. This pooling of funds ...

The next frontier in investing isn’t a new asset class—it’s a new way of giving people access. The rise of private markets is impossible to ignore, we explain in Morningstar’s 2026 Outlook. Since 2015 ...

Retirement plan investors may soon be invited to what until now has been an exclusive club: investing in private equity. Private equity is stock in companies that are not publicly traded, meaning they ...

Evergreen funds are at the center of the next wave for private assets. While access to private markets was once largely only possible through multimillion-dollar commitments, it’s now available ...

There are more private equity funds in North America than there are McDonald's franchises, said KKR & Co's co-CEO Joe Bae, noting that managers have to be very "disciplined." The widening gap followed ...