by Sebastian | Feb 6, 2020 | News
Natural resources investments have generally disappointed investors — but these managers are the exception, according to Preqin. The worst-performing asset class in alternative investments is natural resources — but some energy funds have managed to deliver outsize...
by Sebastian | Feb 6, 2020 | News
Not even the giants of cheap-as-it-gets index investing can resist the allure of private equity. After years of internal deliberations, Vanguard Group, the House John Bogle Built, with its $6.2 trillion in assets, has decided to open its very first private-equity...
by Sebastian | Feb 6, 2020 | News
Investors are supposed to be paid extra for lack of liquidity in investments. Not any more It is a guiding principle of finance that there is a premium to pay for tying up investors’ money in illiquid investments. The tighter those knots are, and the longer holders...
by Sebastian | Feb 6, 2020 | News
Implicit in these predictions is a conviction: private equity’s strong secular growth won’t be derailed by the vagaries of the next few economic cycles. Predicting, of course, is hit-and-miss, particularly when you’re looking 10 years out. Please don’t blame me if I...
by Sebastian | Feb 6, 2020 | News
The median holding time of private equity assets continues to decline. As of the end of 2019, it’s down to 4.9 years, the first sub-five-year reading since 2011, according to PitchBook’s 2019 Annual US PE Breakdown. During the time period since 2011, PE...