Private Equity
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.
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.
Private equity is settling into a rent-extracting, self-dealing trade.
The J-curve narrative in private equity (PE) investments deserves a quiet obsolescence.
Even investors who operate exclusively in public markets can benefit from the book’s thoughtful and sometimes unconventional takes.
In financial capitalism, wealth is transaction-based rather than operational.
Max Frumes and Sujeet Indap provide a fascinating inside account of the distressed debt markets, including the strategies, the colorful personalities, and the complex relationships.
The story of the markets over the last 10 years has been one of remarkable change. Yet economies are still struggling.