Private Equity Premium Over Public Markets Compressed to 150 Bps
Chris Ailman · Chris Ailman – CalSTRS' Venerable CIO (Capital Allocators, EP.86) · Feb 11, 2019 · at 44:48
Chris Ailman, CIO of CalSTRS, discusses the historical compression of private equity net alpha relative to public equity markets.
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“Back when I started in private equity in the nineties, you could get 500 over the public markets. Then it narrowed to about 300. And now the debate today is at one 50 net of cost.”
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