The original paper was first penned in 2006 as our “Jerry Maguire” moment of calling for a better way to invest in commercial real estate. Like the prior versions in this two-decade-long whitepaper series, we revisit and update our long-standing focus on...
Private markets offer diversification and long-term performance potential, but opacity, illiquidity, and inflated marks can distort the picture. Reported gains don’t always equal realized value. Virtus’ analysis emphasizes the importance of focusing on realized IRR...