Investing in the Private Markets

Publics have been whacked pretty hard over the course of the last six monthsas as i think everyone's seen. Publics are getting marked down every single day, and that gets marked a market on a daily basis rate. The actual private amount is growing, which is probably a little bit like vapor wear, so to speak. And then the the liability is growing, and that's real. I don't think anyone's at fear mode quite yet but if you had another six months, like the first six months, i think you would start to see some endowments in fiar mod.

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