“That leads to continuation vehicles, GP led, secondary…” — Capital Allocators – Inside the Institutional Investment Industry at 20:49
“That leads to continuation vehicles, GP led, secondary, the same thing. Because it's private for longer than fewer realizations, so there's much less carry. You've had a phenomenon that people tended to overpay a few years ago. Those are going to struggle to hurdle and generate carry. If”
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