AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Private Equity, Private Credit, and Investing in Smaller Managers
This chapter explores the differences between private equity and publicly traded equities, emphasizing the illiquidity and expense of private equity investments. It also discusses the rise of private credit and the decreasing returns in this sector, as well as the appeal of private equity for institutional investors. Additionally, the chapter touches on the value of investing in smaller managers and the challenges faced by advisors and fiduciaries.