Moseley: PE consulting has least attractive economics in private markets
Steve Moseley · Innovation in Private Markets 1: Steve Moseley – The Space in Between GPs and LPs at Alaska Permanent Fund (Capital Allocators, EP.192) · May 3, 2021 · at 7:45
Steve Moseley, Head of Alternative Investments at APFC, discusses his transition to Pacific Corporate Group (PCG) and the business model of institutional private equity advisory firms.
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“The nature of that business, of the private equity consulting business, is that the economics aren't very interesting. It's sort of the, maybe the least economically interesting part of the whole private markets ecosystem, but a potentially valuable platform for doing other things”
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