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Roxton McNeal - Liability-Driven Investing (S4E11)
Flirting with Models
The Liquidity Match or Mismatch in the Private Equity Space?
There's a lot of debate as to whether folks in the pension space who have far dated liabilities should be taking on more liquidity risk. I think private equity does some good things, especially if it's an open planet. Hopefully you're picking up some liquidity premium. But that's besides a point. Even if that's not the case, I still think there's an added benefit to private equity.
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