GP Stakes Investing and Financialization of Private Capital
A thoughtful essay on an under-discussed -domain of private equity.
In what way is GP Stakes an option here? Can you explain in layman’s terms how GP Stakes presents asymmetric payoffs?
The mortgage parallel is dead-on, the market for mortgage securities is nearly totally divorced from the housing market, even more so with the distorting effects of a government guarantee.
https://www.lewisenterprises.blog/p/the-invention
A thoughtful essay on an under-discussed -domain of private equity.
In what way is GP Stakes an option here? Can you explain in layman’s terms how GP Stakes presents asymmetric payoffs?
The mortgage parallel is dead-on, the market for mortgage securities is nearly totally divorced from the housing market, even more so with the distorting effects of a government guarantee.
https://www.lewisenterprises.blog/p/the-invention