In a recent article, PEI highlighted key findings from Upwelling’s latest research report, “No Country for Old Funds“.
PEI underscores that LPs benefit from selling tail-end funds early rather than holding them until they reach maturity. As noted in the article, “An LP that reinvests the proceeds into a first-quartile fund would see their portfolio outperform the value of holding the tail-end asset by year two – even assuming a 20% discount.”
Read the full article here.