Private Market Dynamics
A tender fund operates like a mutual fund, allowing monthly subscriptions with quarterly liquidity. Insights reveal that private market valuations often lag behind public market distress, with some asset classes, such as infrastructure and private debt, still showing resilience. As marks are updated, the importance of comparing valuations to actual realizations becomes clear, highlighting the complexity of navigating private investments in uncertain times.In this clip
From this podcast

Animal Spirits Podcast
Talk Your Book: An Update on Private Markets
Related Questions
How does private equity work?
How does private equity work in the context of the episode Talk Your Book: A $20 Trillion Dollar Market Opportunity and the clip Semi-Liquid Investments?
How does private equity work in the context of the episode Talk Your Book: A $20 Trillion Dollar Market Opportunity and the clip Semi-Liquid Investments?