Generalist vs Specific PE
Hi monkeys,
Heard from a friend working in secondaries that many LPs are shifting towards specialist PEs. I am curious to know how the work differs at a sector-specific vs generalist PE, mainly if you have worked in both. Are specialist PEs more hands-on with portcos? How accurate is it to say that specialist PEs generate better returns?
Also what are some top specialist PE/GE shops?
thanks!
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