11min chapter

Forward Guidance cover image

Peter Boockvar on an Overheated Stock Market, China’s Green Shoots, and the Private Credit Bezzle

Forward Guidance

CHAPTER

Navigating the Risks and Rewards of Private Market Investments

Exploring the recent growth in private credit, private real estate, and private equity, the chapter discusses the shift towards illiquid assets for investor security amidst stock market volatility. Concerns are raised about the reliance on retail investors for funding, issues with redemption gates, and risks of high returns versus high risks in private credit investments. It delves into challenges of pricing discovery, time horizon mismatches, and monitoring fund utilization in the private market space.

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