Private equity is finding ways to attract smaller investors

Private equity is using intermediaries such as funds of funds and platforms to make itself accessible to smaller investors that lack the resources to invest directly.

A new generation of intermediaries are making it simpler for investors to hand over and withdraw their money. However, they are doing little to dispel the features of PE that make the asset class challenging for even the most sophisticated investors: high and opaque fees, a lack of clarity about where capital is invested, and