If there is anyone you care about that is seriously looking at private equity, you will want to show them an essay from Innovest's Sloan Smith and Natalie Miller:
“Should investors worry about the lack of private equity distributions?”
If that is not enough to end the curiosity over private equity, show them this interview with Warren Buffett and Charlie Munger from 2023:
Warren Buffett: "Private Equity is Basically A Total Fraud"
Given the lack of liquidity, absence of transparency, and visibly excessive fees - the promises of "outperformance" compared to an indexed equity portfolio are, in their words, absurd.