Rees: Large Private Equity Fund Returns Defied the Conventional Scale Penalty
Michael Rees · Michael Rees – Inside GP Stakes at Dyal Capital (Capital Allocators, EP.278) · Oct 31, 2022 · at 50:59
Michael Rees, co-president of Blue Owl and head of Dyal Capital, evaluates whether scale erodes returns in private equity on Capital Allocators.
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“While there was this prevailing wisdom that as firms got bigger, the returns would suffer the last several years. Was antithetical to that.”
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