There are half as many public companies today as there were 25 years ago, and the ones that do go public are taking roughly twice as long to get there. SpaceX was founded in 2002 and didn't list until 2026. So where has all that company-building been happening?

Rich talks with Ian Forman of Ardian, a firm that manages or advises an estimated $200 billion, about where all that business activity went, and why a type of investing that used to be limited to pension funds and the very wealthy is now showing up in more ordinary portfolios.

What you'll learn:

• What "quarterly liquidity" means in an evergreen or interval structure
• The four questions to ask before you'd ever consider private equity
• Why "I can never get my money out" is the most common misunderstanding

Access has widened, though eligibility requirements still apply. Nothing here is a recommendation, it's a conversation about how the landscape is shifting and how everyday investors can participate.

Filmed and recorded at Studio on the Avenue/LMC Media
Mamaroneck, NY
https://lmcmedia.org/
Produced and Edited by Vekterly
https://www.vekterly.com/

Disclaimer: This podcast is for informational and educational purposes only and should not be considered as financial advice, a recommendation for any specific investment, strategy, or financial decision, or legal advice. By engaging with this material, you acknowledge and agree with its intended purpose. Any examples provided are hypothetical and for illustration purposes only. Neither Rich Leimgruber, the EnRich Your Life Podcast, nor its representatives are advising or suggesting any specific action or decision. Before making any financial, legal, or tax decisions, individuals should consult their own financial advisor, accountant, legal professional, or other qualified professional before making financial decisions. All opinions expressed are those of the host and guests and do not reflect the views of any affiliated financial institutions. The views shared may not be suitable for every individual or situation. Past performance is not indicative of future results, and all investments carry risk. Please note that any strategies discussed may not be suitable for all investors, and the appropriateness of any specific investment or strategy will depend on individual circumstances.