Armed with mega funds and over $1 trillion in dry powder, busier-than-ever private equity managers are finding themselves confronted with the changing dynamics of their relationship with their limited partners (LPs). The blurring lines between LPs and GPs are adding another group to the mix in an already competitive deal market.
LPs are the new GPs, says Brenda Lau, Head of PE Asia at Indosuez Wealth Management
