Demand for secondary funds focused on private markets is soaring, in part because some investors are seizing on an accounting quirk that allows them to buy assets at a discount and then revalue them at par.
www.bloomberg.com
#Lure #Free #Money #Secondaries #Nears #Mania
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An informality and sense of adventure is taking over. Plus, bubbles! www.bloomberg.com #Wine #World #Set #Change Related reading:Fed's Waller Says…
