Private equity has become the asset allocator’s asset class of choice. A recent survey of institutional investors found that 49% expect private equity to outperform the public equity market by a whopping 4% per year or more.
We spoke with Dan Rasmussen of Verdad Capital about why he thinks the experts have completely unrealistic expectations, and where these false beliefs stem from.
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Check out Dan’s piece from 2018: https://americanaffairsjournal.org/2018/02/private-equity-overvalued-overrated/
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