"Yin said there are plenty of other simpler, 'passive-like' approaches to investing in private companies to consider, including models that don’t use leverage."

"Yin said there are plenty of other simpler, 'passive-like' approaches to investing in private companies to consider, including models that don’t use leverage." PE is debt in today's environment. The funding does not come primarily through investment but through the partnerships that lead to leverage the business would not normally be able to attain.