Industry voice: What is my fund stake worth?
As investment activity in alternative fund managers experiences a significant uptick, due in a large part to more GP stake focused funds, Michael Athanason and Peter Bianco of Berkeley Research Group (BRG) explore the challenges and various approaches to valuing these complex transactions.
Investment activity in alternative fund managers has come a long way since Calpers’ acquisition of a minority stake in Carlyle in 2000.
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Categories: The Expert