Problem with sloped in grow cyclic tree.

[CodingComputing]

Stack Exchange link (https://tex.stackexchange.com/questions/515386/tikz-problem-with-sloped-in-cyclic-tree/).

In a grow cyclic tree, using sloped does not affect the sloping of a node on edge from parent.

Code:

\documentclass{article}
\usepackage{tikz}
\usetikzlibrary{trees}
\usetikzlibrary{graphs}
\usetikzlibrary{positioning}
\renewcommand{\baselinestretch}{1.3}
\begin{document}
\begin{tikzpicture}[
sloped,
minimum size=6mm,
align=flush center,
concept/.style={
    draw=#1!80!black,
    very thick,
    fill=#1!25,
    rounded corners
},
concept/.default=white,
description/.style={
    font=\footnotesize,
    draw,
    dashed
},
]
\node [concept=black] {EQUITY\\MARKETS} [
grow cyclic,
sibling angle=120,
level distance=5em
]
child {
child {
    node [concept={red}] {Private} [sibling angle=90]
    child {node [description]   {Not listed on\\Stock Exchange} }
    child {
        node [concept={orange}] {Private\\Equity Fund}
        child{ node [description={above}] {Organization} }
        child { [level distance=3em, sibling angle=60]
            child{ [sibling angle=60, level distance=5em]
                child {node {Venture\\Capital} }
                child {node {Growth\\Capital} }
                child {node {Leverage\\Buyout} }
            }
            edge from parent
            node [midway, sloped] {Strategies} 
        }
    }
}
child {
    node [concept={blue}] {Public}
    child {node [description] {Listed on\\Stock Exchange} }
}
edge from parent
node [midway,sloped] {Types} 
}
child { node[description={right}] {Ownership\\of Entity} }
;
\end{tikzpicture}
\end{document}

Gives this output: https://i.stack.imgur.com/pDf2z.png
The words Types and Strategies are not being sloped.
They are rendered as horizontal text.

---

Credits to tex.stackexchange user Schrodinger's Cat [link to answer] for having identified the hack to make the required text sloped.

\documentclass{article}
\usepackage{tikz}
\usetikzlibrary{trees,scopes}
\begin{document}
\begin{tikzpicture}[
minimum size=6mm,
align=flush center,
concept/.style={
    draw=#1!80!black,
    very thick,
    fill=#1!25,
    rounded corners
},
concept/.default=white,
description/.style={
    font=\footnotesize,
    draw,
    dashed
},
edge from parent macro=\mymacro
]
\def\mymacro#1#2{[style=edge from parent, #1]
{[/utils/exec=\pgftransformreset](\tikzparentnode\tikzparentanchor) -- #2
(\tikzchildnode\tikzchildanchor)} }
\node [concept=black] {EQUITY\\MARKETS} [
grow cyclic,
sibling angle=120,
level distance=5em
]
child {
child {
    node [concept={red}] {Private} [sibling angle=90]
    child {node [description]   {Not listed on\\Stock Exchange} }
    child {
        node [concept={orange}] {Private\\Equity Fund}
        child{ node [description={above}] {Organization} }
        child { [level distance=3em, sibling angle=60]
            child{ [sibling angle=60, level distance=5em]
                child {node {Venture\\Capital} }
                child {node {Growth\\Capital} }
                child {node {Leverage\\Buyout} }
            }
            edge from parent
            node [pos=1.2,sloped,above] {Strategies} 
        }
    }
}
child {
    node [concept={blue}] {Public}
    child {node [description] {Listed on\\Stock Exchange} }
}
edge from parent
node [pos=0.6,sloped,above] {Types} 
}
child { node[description={right}] {Ownership\\of Entity} };
\end{tikzpicture}
\end{document}

---

Request to the authors to either fix the unexpected behaviour, or mentioning in the manual about this caveat.

Thanks.