large buyout
1 statements across 1 episodes · 0 bullish · 1 bearish · 1 people on the record · first statement Sep 1, 2025 by Raphael Arndt · across every show →
Everything said about large buyout, oldest first
Sep 1, 2025 bearish
Arndt: Future Fund avoids large buyouts, viewing them as fee-eroded levered equities
“Our portfolio has no large buyout at all, because we think that large buyout is really just levered equities, typically. And if there's skill added on top, and there might be, then most of that goes away in fees. So we don't think it adds a lot for the portfol…”