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Talk Your Book: A $20 Trillion Dollar Market Opportunity

Animal Spirits Podcast

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Evergreen Funds and Liquidity in Private Credit Investments

The chapter dives into the structure of evergreen funds, discussing gating versus pro-ration during financial crises across various asset classes like real estate, private equity, and private credit. It explores the risks and mechanisms of providing liquidity in private credit funds, the portrayal of investment opportunities in the media, and the advantages of private equity firms as lenders compared to traditional banks.

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