|
- UID
- 222288
- 帖子
- 321
- 主题
- 3
- 注册时间
- 2011-7-2
- 最后登录
- 2015-12-13
|
2 keys points to remember:
1) No of securities - Public fund has investors with 'different' securities (eg. LNKD, TSLA)
Private fund has investors with 'same' (only 1) security (eg. LNKD)
2) Means of diversification -
Public funds diversify through pooling of different securities along with 20% exposure to other illiquid assets.
Private funds diversity through hedging, borrowing against hedged portfolio and then investing the proceeds into other securities. |
|
发表于 2011-7-13 13:56
|