Summary: THIS IS AN AUDIO-ONLY VERSION OF A VIDEO INTERVIEW FOUND ON PRIVCAP.COM. VIEW THE FULL VIDEO HERE: Why are the CIOs of institutional investors around the world “aggressively” expanding private-market allocations, including private equity? Russell Steenberg, Managing Director and Global Head of BlackRock Private Equity Partners, gives an authoritative overview of how actuarial assumptions, when set against the actual expected performance of fixed-income and public equity asset classes, are forcing investors to seek greater exposure to private equity. Steenberg also discusses the importance of choosing the right partners and controlling for the risks of illiquidity inherent to private markets. This is the second of a two-part interview with Steenberg.
