Giannini: Private Markets Face a Widespread Lack of Downcycle Experience
Mario Giannini · Mario Giannini & John Toomey – Private Equity Panel (Capital Allocators EP.309) · Apr 17, 2023 · at 1:13:26
Mario Giannini, CEO of Hamilton Lane, discusses organizational and industry-wide challenges following 15 years without a sustained downturn since 2008.
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“To me, one of the big challenges has been the relative inexperience of a huge, huge segment of the private markets universe, whether it's at Hamilton Lane, whether it's at our clients, whether it's in the general partner community. When you think about people that they've only been in the industry for 15 years, they've not seen a cycle.”
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