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The illiquidity premium in private asset markets
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Investing in private assets can lead to higher returns when compared to public markets, at least over the longer term.

In this last of our three-part overview on private asset investing drawn from our recent paper, we look at how private asset outperformance – the illiquidity premium – can be seen as compensating investors for their willingness to lock up capital for five to 15 years, the usual lifecycle of private equity and private debt investments.

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