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The Kick-off to Earnings Season 7/10/23

Halftime Report

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The Secondary Market Return in Q2

Secondaries increased 60% from the first quarter. Those companies that actually did a secondary offering, they're a 5% from where they did the offering. I think you watch the secondary market in the upcoming quarter as it relates to specifically the non profitable long duration business. They'll be stubborn parts of it, but this is a glass half full market.

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