Saw a post about PE firms going downhill but was curious to get input on asset managers going down hill. By asset managers I’m referring to mangers with a FOF heritage. (i.e Hamilton Lane, Harborvest, LGT, Brookfield etc.)
These are obviously large names and given what we’re witnessing in the current fundraising environment where the big just keep getting bigger, do you think certain asset managers focused on the MM will struggle to fundraise?
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