Misalignment in Approaches to Private and Public ValuationsMisalignmentinApproachestoPrivateandPublicValuations

Part 3 of the CFA Institute Private Markets Webinar Series, sponsored by PGIM.

Fund-selection uncertainty, commitment pacing, and the uncalled and uncommitted components are important contributors to a private investment strategy's real-world performance.  

Bruce Phelps, Head of Institutional Advisory & Solutions at PGIM, joins the CFA Institute to discuss why comparing private and public asset class reported performance can be misleading as it does not incorporate the constraints of achieving a private asset portfolio allocation. 

 

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