Private equity $12 trillion asset class

Unlike money invested in stocks or bonds money put into a fund is typically locked up for at least 10 years, although investors — also known as limited partners, or LPs for short — start getting some of their money back within a few years as the firm sells, or exits, its portfolio companies.

https://www.marketwatch.com/story/private-equity-everything-you-always-wanted-to-know-about-this-12-trillion-asset-class-but-were-afraid-to-ask-b0cfc213


The private credit market $1.5 trillion

https://englundmacro.blogspot.com/2023/05/the-private-credit-market-15-trillion.html


Banks Need to Worry About Shadow Banks


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