(HedgeCo.Net) BlackRock is making one of the clearest portfolio-construction arguments in alternative investments: if investors are going to own more private assets, they need to be more deliberate about where their liquidity comes from.
That message is landing at a critical moment. Private credit, private equity, infrastructure, and other alternative strategies have become core parts of institutional and wealth portfolios. But as allocations have grown, so have questions about lockups, redem...
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