The Denominator Effect
Hunter explains the denominator effect, which occurs when the public and private sides of a book have different rates of decline. He discusses the need for rebalancing and explores the option of secondaries to achieve target allocations.In this clip
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20VC
20VC: Will LPs Pull Out of Existing Managers, How Will Fund Sizes Change Moving Forward, Is Now The Time to be Aggressive on Secondaries, What is the Discount on Secondaries Today, Who Will Win and Lose in the Next Five Years with Hunter Somerville, Partn
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