Alternative Investments
The performance of alternative asset managers is encapsulated in the formula: Wealth = Controls + Economics. Here, we outline the economics component of the equation.
Private capital fund managers have developed tools to reduce risk while protecting or even boosting their returns.
Rising interest rates will provide a tailwind to three hedge fund strategies, in particular.
What's most surprising about aggregated private market performance calculations? How deeply flawed they are.
While analytical judgment is considered universal in science, in finance investment decisions are derived from mental heuristics.
The J-curve narrative in private equity (PE) investments deserves a quiet obsolescence.
The story of the markets over the last 10 years has been one of remarkable change. Yet economies are still struggling.
Why does investing in the "average" private market fund seem to go so poorly?
The public market equivalent (PME) does not reflect the economic reality of private equity investing.
The old adage that allocation determines 90% of performance is rapidly becoming outdated.