Dry Powder: The Private Equity Podcast
This summer, shortly after Bain published Searching for Momentum: Private Equity Midyear Report 2024, I joined a webinar with Steffen Pauls, the chairman and co-CEO of Moonfare. Regular listeners may recall Steffen’s previous appearance on Dry Powder in which I asked him about the rise of private investment technology platforms such as Moonfare and how effectively they could unlock retail capital for the private equity industry.
You can listen to this episode of Dry Powder and catch future episodes by subscribing on Apple Podcasts, Google Podcasts, Spotify, or wherever you may listen.
Today on the show, Steffen will be putting me in the hot seat for a wide-ranging conversation about the state of the private equity industry. We talked about exit and fund-raising pressures, the rise of secondary markets, the dormant potential of crypto, and the flurry of investments in AI. What you’re about to hear is an excerpt from that conversation that was lightly edited for clarity and brevity.
The Private Equity Podcast
In our podcast series, Bain's Hugh MacArthur interviews leading experts on the trends and opportunities that will redefine the private equity industry.