Asset Managers Are from Mars, Investors Are from Venus (Part 2 – A Space-Walk Down to Earth)

In the first part of this post, I wrote about how differently asset managers and investors react to stressfull situations, with the retreat to the cave of the ones contrasting with the need for increased communication and transparency of the others.

Asset Managers Are from Mars, Investors Are from Venus (Part 1)

I feel I have been thinking about this for a long time and hinted to at least part of it here and there…. But I realize I have never spelled it clearly, or not in a language that would have been easy to understand for everyone.

Fooled by IRRs (Yale, Schwarzman’s Cases)

“Everyone loves an optical illusion, except when it comes to financial results (1)”. Yet the private markets are not immune from optical illusion risks.

Putting the [α + β-Cen] Reports into Context

On monday night, earlier this week, Carlyle announced preliminary data regarding its funds’ first quarter valuations.

The DaRC Side of the J-Curve

It’s not a “J”, it’s an “S”!  Coming out from the DaRC Room, that’s what the picture is telling!