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Bloomberg Intelligence: State of Private Markets
Cambridge Associates
Andrea Auerbach, Partner and Head of Global Private Investments, recently joined the Bloomberg Intelligence podcast to discuss her view on the markets and current investment opportunities.
The conversation explores private equity’s low 2023 transaction volume and why distribution rates back to LPs are at their lowest point in nearly 25 years. Andrea explains that while we’ve “gone from fourth to first gear in the private equity markets because of interest rates, it’s created a moment for private credit to shine.”