The private equity industry is increasingly recognising the value of encouraging PE professionals to pursue more niche investing and operational strategies at their institutions. In this episode of Spotlight, three of Private Equity International's 40 under 40: Future Leaders of Private Equity 2024 listees – Lamar Cardinez, a principal at Blue Owl Capital; Ngoc Can, portfolio director, co-investments at Texas Municipal Retirement System; and Richard Pearce, a partner at ECI Partners – discuss the challenges and opportunities associated with leveraging their expertise to find new streams of revenue. They also share their career advice for the next generation of PE professionals.