Continuation funds are moving from a niche private-equity tool to a mainstream liquidity solution as higher rates, weaker exit markets and tougher financing conditions make it harder for sponsors to s...
Fundraising may be selective, but it is still open for managers that can clearly differentiate themselves. That was the message from two new closes this week. Align Capital Partners said it hit hard c...
Private equity has long been judged on the familiar metrics of leverage, operational turnaround and exit multiples. Increasingly, though, buyout firms are confronting a second scorecard: one based on ...
Private credit has moved from a niche alternative to a core source of corporate finance in the U.S., with a report seen by Reuters showing that funds in the sector have lent nearly $560 billion to Ame...
Canadian pension funds are discovering that in private markets, a strong mark is not the same thing as a clearing price. Reports from Bloomberg and other outlets suggest that CPPIB and CDPQ have each ...
The National Gallery’s Art on Your Doorstep project is bringing reproductions of Monet, Picasso and Van Gogh to Croydon and other UK towns, making famous artworks more accessible to local communities....
I’ve seen workshops that are nigh on dust-free,” marvels furniture maker and woodwork instructor Ryan Saunders. It’s one of the big changes that technology has bought to the woodwork...
Anthropic introduces Natural Language Autoencoders, an unsupervised method for explaining LLM activations and improving AI model interpretability, auditing, and safety analysis....
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Natural Language Autoencoders (NLAs) generate unsupervised natural language explanations of LLM activations, helping researchers interpret model internals, detect safety-relevant behaviors, and improv...