Cyril Demaria is a leading private equity thinker, fund investor, and affiliate professor at EDHEC. He is the author of numerous books on alternative investment, most recently co-authoring Asset Allocation and Private Markets (March 2021). This is a Fund Shack ‘private chat’ about the difficulties of reconciling a liquid with an illiquid investment programme, and how institutional investors can begin to reconcile these two investments universes. Check out his earlier conversation on ESG, here. Learn more about your ad choices. Visit megaphone.fm/adchoices