Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
Interesting BBG piece about how a new crop of PE funds (and the existing players) may be setting up for market drama in the coming years due to insanely-crowded trades and positioning ...
Nevertheless, I'm sure those highly-compensated pension fund advisors will continue singing the praises of such 'alternates' as a good 'diversifier' despite their risks and often exhorbitant fees.....and that many pension fund committees will be only too happy (or stupid / untrained) to go along with it or ask serious questions.
