Ah yes patient Capital with reasonable expectations looking Nash outcomes: hedge fund managers racing each other to door
This is good actually, these companies want to get their equity funding from pension funds and sovereign wealth who are willing to accept a 6% equity risk premium, not rapacious hedge fund managers who expect a 30% return on capital.https://twitter.com/katie_martin_fx/status/1446016370597142530 …
-
-
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
This is a weird take since the vast majority of large hedge funds’ assets comes from pension funds, endowments, etc who expect 6% return on capital. Granted, fees would add 1-2% to that. I don’t know of large hedge funds claiming they can get 30% on un-levered equity exposure.
-
It’s not a priority yet, but ESG is coming for HFs and illiquid investments as well. These pensions need Alts but are going to apply the same constraints at some point. For the time being exclusivity is keeping them from doing so, but there’s lots of competition for AUM.
End of conversation
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.