In a period of ever rising equity markets, the emotional appeal to concentrate one’s portfolio in what has worked lately is strong. This often proves to be a poor long-term investment decision, as discussed in this thought piece.
A New Investment Frontier: An Introduction to Private Lending
Institutional and private investors are increasingly considering direct lending for their investment portfolios. This new investment frontier offers opportunities but also reasons to move deliberately. This paper will discuss this new asset class, offering thoughts on...
