Browsing: private markets

Posts Tagged ‘ private markets ’

Be Direct with Me, Please!

Mar 19th, 2020 | Filed under: Newly Added, Private Equity, Institutional Investing, Venture capital, Equity Types of Private Equity, High-net-worth investors, Endowments & Foundations, Private Investments, Family Offices

By Aaron Filbeck, CAIA, CFA, CIPM Associate Director, Content Development at CAIA Association Original Article: “Direct Investments” by Paul Kenny, AIAR Volume 8, Issue 3 Viewpoint Author: Aaron Filbeck, CFA, CAIA, CIPM Excerpted from the Alternative Investment Analyst Review, Volume 8, Issue 3 The Alternative Investment Analyst Review is theRead More

Leery Funk’s Open Letter to Sovereign Leaders

Jan 27th, 2020 | Filed under: Newly Added, What about beta?, Consultants, Retail Investing, Private Equity, Institutional Investing, The Global Economy & Currencies, Alternative Investments in Context, Endowments & Foundations, Economics, Climate change, Institutional Asset Management, Private Investments, Macroeconomics, Finance & Economics

By Bill Kelly, CAIA Association CEO In the interest of brevity, I am going to skip the salutation and get right to the heart of the matter. As my name implies, I am Leery of the lofty promises that depend on solving our long-term problems and I do remain inRead More


Sep 30th, 2019 | Filed under: Newly Added, What about beta?, Retail Investing, Private Equity, Venture capital, Equity Types of Private Equity, Business News, Private Investments

By Bill Kelly, CEO, CAIA Association How do you turn a millennial into a capitalist? Sell her SNAP in the post-IPO market. A little hindsight here shows how ridiculous this all looked. The initial sellers of the shares were the founders and their VCs (just under 30% of the offering),Read More

The Illiquidity Premium and the Market for Private Assets

Apr 14th, 2019 | Filed under: Newly Added, Real Estate, Private Equity, The A.I. Industry, Debt Types of Private Equity, Liquid and Fixed Income Real Estate, Asset allocation, Equity Types of Private Equity, Asset Allocation Models, Other Issues in Private Investments, Operationally Intensive Real Assets, Private Investments, Real Estate Equity Investments, Real Assets, Finance & Economics

The illiquidity premium is one of the most frequently discussed and hotly disputed subjects in financial economics. Speaking broadly, an investment is not a checking account. One generally cannot just “get the cash back” at a moment’s notice, by visiting some equivalent of an ATM. How long will it takeRead More