Manager Selection
We don’t chase hype. We build conviction around long-term secular trends, supported by deep research and real-world insight.
May 14, 2026
Earning the Right to Say Yes: How BFA Evaluates Fund Managers
We review hundreds of managers each year. Most we decline. Here is what separates the ones we back.
April 29, 2026
Past Performance Is Not An Indicator Of Future Results
GPs have been conditioned by LPs to think that performance is all that matters.
April 22, 2026
Relative Comparisons in Private Equity: A Cautionary Tale
In private equity, relative performance is still one of the biggest puzzles and most challenging exercises.
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