Larger Managers
topic on 1 show · 2 statements across 2 episodes
2 statements about Larger Managers, every show
Gilmore: CalPERS must invest bulk of capital through larger managers
“The reality is that the bulk of capital is going to be invested through larger managers because of the size of our portfolio.”
Fink: Mega-cap PE managers face severe exit constraints compared to mid-market
“So in that environment, it's particularly more difficult for larger managers because you have fewer ways to exit. You really can only exit through IPO or through publicly traded company making a very, very large acquisition. Those don't happen every day.”