In this episode, Peter D.A. Stein, CFA, discusses the fallout from the endowment model investment approach of heavily relying on illiquid alternative investments.
Peter D.A. Stein, CFA, discusses the fallout from the endowment model investment approach of heavily relying on illiquid alternative investments. He also discusses his firm’s investment structure for alternatives and how they approach risk management in a fund of funds structure.
Read a transcript (PDF) or watch the video below.
The Take 15 Series is a series of short interviews with leading practitioners on timely topics focused on the investment profession.