Opinions
Larry Berman CFA, CMT, CTA
Virtus Private Credit Strategy
VPC-N
DON'T BUY
Sep 09, 2024
$22.496
Stock price when the opinion was issued
E.T.F.'s
It's the ideal tool to help you make quicker, more informed decisions for
managing and tracking your investments.
Exposure to private credit managers and private equity managers. Focus is on income generation. Credit risks are still there, but the public market volatility risks associated with interest rates are not. Likes them, but you need a diversified approach to private markets.
Bottom line is it doesn't work. You can't earn the illiquidity premium you're earning in the private markets, yet still have the liquidity of public markets if you want to sell and get your money back the next day.