Private equity rolls on: How investors and managers are responding to scale

<table width="633" border="0" cellspacing="0" cellpadding="0"> <tr> <td width="403" valign="top"> <font face="Verdana, Arial, Helvetica, sans-serif" size="-1" color="#4c4949"><span style="font-size: 13px;">The industry has taken a breather in 2018 as firms and their clients adapt to a new, more competitive normal.</span></font><br/> <a href="https://podcasts.mckinsey.com:443/l?r=unknown&s=_unknown&i=6c633a313030303031633463386a68346b6473713868&he=687474702533412532462532467777772e6d636b696e7365792e636f6d253246617373657473253246646f74636f6d2532467468652d6d636b696e7365792d706f64636173742532464d502d507269766174652d6571756974792d726f6c6c732d6f6e2d486f772d696e766573746f72732d616e642d6d616e61676572732d6172652d726573706f6e64696e672d746f2d7363616c652e6d7033"><font face="Verdana, Arial, Helvetica, sans-serif" size="-2" color="#006699">Read more &#62;</font></a><br/> <a href="https://podcasts.mckinsey.com:443/l?r=unknown&s=_unknown&i=6c633a313030303031633463386a68346b6473713868&he=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"> <img src="//podcasts.mckinsey.com/x/img/podcast.gif" border="0"/></a>&nbsp;&nbsp; <a href="https://podcasts.mckinsey.com:443/l?r=unknown&s=_unknown&i=6c633a313030303031633463386a68346b6473713868&he=253246253246706f6463617374732e6d636b696e7365792e636f6d253246706f646361737425334670632533446d61696e25323670752533446874747025323533412532353246253