“Changes in LP-GP relationships. Although many GPs face a…” — Capital Allocators – Inside the Institutional Investment Industry at 7:39
“Changes in LP-GP relationships. Although many GPs face a business problem, most LPs do not. Unlike after the GFC, LPs are not materially overextended in privates. However, alignment erodes when a GP becomes a zombie. The problem of undermanaged or unmanaged assets will grow. I can't recall a time when the range of…”
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