Cynthia Steer, an advisor to Institutional Investor, considers the losses to the industry of long tenured execs and the potential gains from the next generation.
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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.
But, revolutionary changes take longer, and we need to be patient, argues BCA Research’s Irene Tunkel.
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