
Morgan Stanley's Head of Private Equity Solutions: The Ultimate Deep Dive into PE Investing
About this episode
Buckle up, because this week we're sitting down with Neha Champaneria Markle, who runs the Private Equity Solutions group at Morgan Stanley Investment Management.
Neha walks us through the entire private equity landscape and answers the questions you've been dying to ask an insider including:
- Is "AI is going to destroy software and therefore private equity"?
- Why are fundraising cycles getting longer?
- What does vintage year really tell you about a fund's performance?
- What's actually a "good" DPI, IRR, and TVPI
- Why does every fund somehow claim to be top quartile?
She also pulls back the curtain on subscription credit lines and how GPs use them to juice early IRRs, gives us a definition of "fund of funds" and "co-investment" that actually makes sense, and settles the score on whether PE investing is really just "volatility laundering".
As the walls around private equity are coming down, it’s important to understand which sectors are secretly crushing it, how managers actually get selected, the fee structures, and what the "democratization of private markets" really means for returns going forward.
For a 14 day FREE Trial of Macabacus, click HERE
Shop our Self Paced Courses:
Investment Banking & Private Equity Fundamentals HERE
Fixed Income Sales & Trading HERE
Wealthfront.com/wss. This is a paid endorsement for Wealthfront. May not reflect others’ experiences. Similar outcomes not guaranteed. Wealthfront Brokerage is not a bank. Rate subject to change. Promo terms apply. If eligible for the boosted rate of 4.15% offered in connection with this promo, the boosted rate is also subject to change if base rate decreases during the 3 month promo period.The Cash Account, which is not a deposit account, is offered by Wealthfront Brokerage LLC ("Wealthfront Brokerage"), Member FINRA/SIPC. Wealthfront Brokerage is not a bank. The Annual Percentage Yield ("APY") on cash deposits as of 11/7/25, is representative, requires no minimum, and may change at any time. The APY reflects the weighted average of deposit balances at participating Program Banks, which are not allocated equally. Wealthfront Brokerage sweeps cash balances to Program Banks, where they earn the variable APY. Sources HERE.
Get every episode summarized
Each time The Wall Street Skinny publishes, we email you a written briefing from the transcript — the topics, who appeared, and any specific claims, with the ad reads skipped.
Email me new episodesFree for 3 shows. No card needed.
Hosts & guests
No transcript yet
This episode has not been transcribed. Request it and it moves to the front of the queue.
More episodes
More from The Wall Street Skinny

Wall Street is Watching Something More Concerning than Oil
The Wall Street Skinny

Private Credit: Even Apollo's Trapped Investors. Here's Exactly What You Need to...
The Wall Street Skinny

Private Credit UPDATE: Is this 2008 all over again?
The Wall Street Skinny

Head of Investor Relations at $3 Billion Hedge Fund Tells All | Capital Raising...
The Wall Street Skinny