{"podcast":{"title":"Capital Allocators – Inside the Institutional Investment Industry","slug":"capital-allocators-inside-the-institutional-investment-industry-222998","podcast_index_feed_id":222998,"rss_url":"https://tedseides.libsyn.com/rss","website_url":"https://capitalallocators.com","image_url":"https://static.libsyn.com/p/assets/f/b/7/6/fb76e1c8bfb69e8dd959afa2a1bf1c87/CA_Square_logo_light_background_6.26.24.jpg","author":"Ted Seides – Allocator and Asset Management Expert","episode_count":797,"summary":"Allocator and asset management expert, Ted Seides, conducts in-depth interviews with leaders in the institutional investing industry. Guests include Chief Investment Officers from leading allocators, asset managers, strategists, thought leaders, and many more. Our mission is to learn, share, and help implement the process of premier investors. Learn more and join our community at capitalallocators.com.","last_synced_at":null,"page_url":"https://stenobird.com/podcast/capital-allocators-inside-the-institutional-investment-industry-222998"},"episode":{"title":"WTT: Can Private Markets Normalize?","slug":"wtt-can-private-markets-normalize","published_at":"2026-02-12T09:00:00+00:00","page_url":"https://stenobird.com/podcast/capital-allocators-inside-the-institutional-investment-industry-222998/wtt-can-private-markets-normalize","show_page_url":"https://stenobird.com/podcast/capital-allocators-inside-the-institutional-investment-industry-222998","url":"https://tedseides.libsyn.com/wtt-can-private-markets-normalize","audio_url":"https://pscrb.fm/rss/p/traffic.libsyn.com/secure/tedseides/CA_-_WTT_Can_Private_Markets_Normalize_-_AUDIO_V1.mp3?dest-id=482814","summary":"In a world dominated by short-termism, does it seem odd that private equity holding periods are getting longer? Private equity professionals don't have different genes than other investors. They face a structural problem: too many portfolio companies cannot find a buyer. Private equity-owned businesses continue to grow in number and size, but demand from IPOs and strategics has not – and likely will not – keep up. This means that more companies will have to remain within the private equity ecosystem. The end of the private equity bottleneck is not in sight. Instead, the industry may be heading toward structural change. In this WTT – Can Private Markets Normalize, I pose the question of whether private equity will ever be able recycle capital fast enough to support successive fundraises without strain. The answer, I'm afraid, is no. Read Ted's blog here . Editing and post-production work for this episode was provided by The Podcast Consultant ( ⁠https://thepodcastconsultant.com⁠ )","meta_description":"In a world dominated by short-termism, does it seem odd that private equity holding periods are getting longer? Private equity professionals don't have di…","key_points":[],"chapters":[],"topics":[],"duration_seconds":525,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/capital-allocators-inside-the-institutional-investment-industry-222998/episodes/wtt-can-private-markets-normalize/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/capital-allocators-inside-the-institutional-investment-industry-222998/wtt-can-private-markets-normalize.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}