Private Shops
topic on 1 show · 1 statements across 1 episodes
1 statements about Private Shops, every show
Morehead: Delayed private market markdowns create multi-year return drag for institutions
“Because the investment managers at the private shops are incentivized to not mark things down, over time what happens is that same marking process has occurred, but it's occurred over two years. And so what that means for the institution is that you're having …”