Cambridge Associates, a Boston-based investment consultant, has issued a new report for institutional investors who are still considering an allocation to private equity and venture capital.
The consultant said that private investments have proven their mettle in recent years, even under the trying conditions of 2020, and many institutions will be able to benefit from “building a robust PI (private investment) program,” despite its challenges.
Further, Cambridge suggested that the portfolio managers of institutional investors should resist the temptation . . .
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