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Private Equity’s Plan B: Navigating the Exit Drought with Continuation Funds

In a typical bull market, private equity sponsors exit out of portfolio assets through IPOs, strategic sales and sponsor-to-sponsor buyouts. But the 2025 deal market has proven to be neither typical nor robust....more

From Algorithms to Altruism: Risks and Rewards of xAI's Benefit Corporation Strategy

The Wall Street Journal recently reported that xAI, the artificial intelligence startup founded by Elon Musk, completed a funding round of $5 billion at a pre-money valuation of $45 billion ($50 billion post-money). Rumored...more

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