Neel Bhatia and J.P. Flaum of Green Peak partnered with Capricorn Investment Group to gain insights into the shifting dynamics of the capital allocation process through a survey of 27 family office and endowment funds. The research indicated LPs feel ill-equipped to evaluate PE teams, despite the “people” dimension becoming of greater concern to predicting success than the investment strategy. The findings were featured in the Wall Street Journal, PE Hub, and others.