Illiquid assets

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Alvarez-Demalde: Liquidity is the key issue for alternatives, not volatility
CNBC Televisionยท 2025-08-12 11:55
were started during an economic downturn back in 2008. If you don't mind, I want to start with those comments from from the head of Pimco saying that these, these private investments, they haven't really been tested by a downturn. And again, I want to point out, you were founded in 2008, right in the middle of the great financial crisis.>> Yeah. Well, look, I think he has a point in the sense that the industry has grown a lot in the last 15 years, 16 years. There's a lot of assets now in alternatives.And th ...