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AAM Magazine
March 2025
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November 2022 Vol.27 No.11


The mission creep of private equity

Stephan Schäli, CIO of Swiss private asset manager Partners Group, offers a highly suggestive summary of a house view regarding private and public markets. The gist is that the composition of public equity markets is shifting away from the broader “real” economy towards more speculative and opportunistic growth stocks.

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