FYI: (The Linkster holds a position in APO that was purchased in March of this year. It's appreciation 37% since I bought, and a 6%+ yield to boot. Not Bad !!!!)
The prospect for lower future returns has many institutional investors scrambling for a savior. During the previous cycle, it was hedge funds. That shift in allocations hasn’t worked out so well. So the latest push has seen money pour into private equity in hopes of juicing returns through the use of leverage in the private markets.
Regards,
Ted
http://awealthofcommonsense.com/2017/07/soundbite-investing/
