Cliffwater CIO: Time to reconsider NAV ‘squeezing’ in secondaries
The asset manager’s investment chief cites 'weird time arbitrage' that the practice causes for evergreen investors who buy into vehicles at similar points.
11 March 2026•5 mins read
The asset manager’s investment chief cites 'weird time arbitrage' that the practice causes for evergreen investors who buy into vehicles at similar points.