immagine del profilo
Cool article, but I still think it is viewed too uncritically. The median is particularly important for private equity. If you look at the values, they are already quite close together and only deviate significantly from each other at 18 years. That seems great at first, but good management is particularly important in private equity. The fact is that you can't get hold of them as a retail investor. The best way would be a fund of funds, but that reduces the returns, as you mentioned. All in all, private equity is the higher-yielding asset class, but only if you get into the good funds or buy tickets directly.
If you then put the returns together, it is ultimately more worthwhile for the retail investor to invest in PE companies. KKR CVC, mutares and the like have plenty of them and the performance is impressive
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immagine del profilo
@topicswithhead I'm right there with you! Management in PE and in the currently emerging private credit sector is crucial. As a normal retail investor it is difficult to access these good funds, the best way is to invest in the stocks you mentioned.
I am curious to see how CVC shares will perform in the future. Management is said to be good, but the stock is still a little fresh 😉 And thanks for the feedback!
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