Private equity can feel as though it has always existed… but it hasn’t. The decades old industry’s legacy of financial engineering may be giving way to new practices, where profits are generated by actually building better businesses. World Education Services’ Smitha Das – who began her career at an infrastructure PE fund, later worked as an intermediary and now allocates capital as an asset owner – joins hosts Rodney Foxworth and Eric Horvath for a conversation that resists the easy version of the PE debate