TLDR:
- Leaders from Europe’s biggest private banks recommend investors to stick with secondaries in private equity.
- Be cautious of poor managers in private equity investments.
Investors are advised by private bank CIOs to consider secondaries rather than venture capital in the world of private equity. Leaders from Europe’s largest private banks suggest taking the plunge into private equity investments but warn of the risks associated with poor managers. The recommendation to stick with secondaries comes as a cautious approach to navigating the private equity sector.
Additional Key Points:
Citywire conducted a survey with industry leaders from private banks who provided insights on the importance of selecting the right managers in private equity investments. The survey revealed that despite the potential for high returns, investors must be vigilant about the managers they choose. The private bank CIOs emphasized the need for proper due diligence before committing to private equity investments.
Overall, the message from private bank CIOs is to proceed with caution in the realm of private equity investments and to prioritize secondaries over venture capital for more stable returns.
