The catalysts for a downturn include “... sticky inflation that we believe will pressure ten-year yields back toward 5 percent, and uncertainty around tariffs and expenditure cuts by [Elon] Musk.”
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Private equity is facing the reality of too much dry powder, too few exits, sinking distributions, and fee compression.
The nonprofit that funds free speech and pro-democracy programs has brought on two family office vets to head up its first in-house investment office in 20 years.
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