“It’s always problematic if GPs don’t get LPs and vice versa. What’s worse than that is when they think they know but they don’t.”
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Ultimately, many allocators want to actively manage their PE portfolios, and are exploring everything from automatic secondary sales to third-party leverage, says TRS’s Scott Ramsower.
Organizations with multidecade time horizons and timeless values that are central to their purpose can’t fall prey to the news cycle, writes the Doris Duke Foundation’s Leena Bhutta.
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