“I’m really excited about the rate world we’re in now,” CIO Marcus Frampton said. “It used to be that we had to rely on stocks and PE to get the returns I’m focused on.”
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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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