'Private equity is now king' for the ultra-rich, says Tiger 21, an exclusive club of investors
Publishing timestamp: 2023-09-25 07:40:10
Summary
The article discusses how private equity has become the preferred investment among members of Tiger 21, with their allocation to private equity increasing threefold over the last decade. However, not everyone is convinced of the optimism surrounding private equity, as rising interest rates and falling tech valuations present challenges for the industry.
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Keywords: markets, breaking news: technology, investment strategy, breaking news: markets, s&p 500 index, technology, business news, breaking news: investing, venture capital,