McCusker: PE Capital Calls Will Drop by at Least One-Third
Tim McCusker · Tim McCusker – Advising Through a Crisis at NEPC (Capital Allocators, EP.135) · Apr 30, 2020 · at 11:16
Tim McCusker, CIO of NEPC, outlines his baseline expectation for private equity drawdown pacing during the onset of the COVID-19 pandemic based on Global Financial Crisis data.
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“Our expectation is that calls and distribution will both be lower. I think when we analyzed it, calls and distributions were down by a third to half through the global financial crisis, and that's sort of our base case right now that we can expect At least a third less capital calls in this first stretch here.”
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