O'Leary: Private market outperformance in 2022 was merely volatility laundering
Shannon O'Leary · Shannon O'Leary – Relationship Capital Investing at St. Paul & Minnesota Foundation (EP.435) · Mar 10, 2025 · at 59:04
Shannon O'Leary, CIO of the St. Paul & Minnesota Foundation, discusses how private asset marks lagged public equity and fixed income downturns in 2022.
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“Anybody with a private book looks like a genius, but really you're just a volatility laundering.”
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