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Last updated: May 21, 2026, 11:30 PM ET

Private Equity Strategy & Talent

Extend hold periods and reduce distribution rates are reshaping LP expectations, pushing managers toward alpha‑generating strategies that rely on differentiated deal sourcing and operational levers. In a complementary move, Capitol Meridian has hired former US Navy Secretary Ryan McCarthy as an operating partner, positioning him to steer defense‑sector investments, unlock portfolio value, and mentor executives through complex market dynamics.