The fastest growing corner of private equity isn’t secondaries, evergreens or continuation funds. It’s zombie funds. So-called zombie funds are those that are more than
Ken Tropin Plays the Long Game With Graham Capital
After leaving his position as president of John W. Henry & Co. in 1993, Ken Tropin found himself contemplating his next steps. He met up
Will AQR’s Booming ‘Tax Aware’ Hedge Fund Business End in Tears?
Wall Street is agog over the latest tax avoidance hedge fund strategies, pioneered by AQR Capital Management, which account for more than $100 billion in
How Institutional Investors are Managing the Private Credit Crisis
When news surfaced about huge redemption requests at one of Blue Owl’s private credit funds last fall, Angela Miller-May, the chief investment officer of the Illinois Municipal
Seeing the World Through Dave Iben’s Eyes
Every summer, Dave Iben takes his team at Kopernik Global Investors away from the sultry air of St. Petersburg, Florida. They’ve decamped to Belgrade, Budapest,
The AI Revolution’s doubters
Jeff Currie has a message for investors in the so-called AI revolution. “Looking back at major technological booms, from railroads to the internet to shale,
