NVPE Editorial - Not Very Private Equity (Page 13)

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Operating Partner vs Fractional Executive Firm: How PE-Backed Companies Choose Between Embedded and On-Demand Leadership

Operating partners embed inside a single leadership team. Fractional executive firms deploy a roster across many. Here is when each one wins.

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What is a Value Creation Plan in Private Equity? An Operator's Definition (2026)

What a Value Creation Plan is in private equity, the six lever categories, who builds and owns it, how it maps to the EBITDA bridge, and why most VCPs fail.

Toolkit

GPs think NAV deals die in credit committee. They die at the LPAC.

Most managers brace for the credit conversation and underprepare for the one that actually decides the outcome. Here is what tends to go wrong when GPs approach a NAV facility, seen from the side of the table that has to underwrite it, and what a sound deal should look like