Tuesday, June 2, 2026

Incentives Are Dangerously Aligned in Non-public Markets

Continuation Funds: Ethics in Non-public Markets, Half I (Stephen Deane, CFA, and Ken Robinson, CFA, CIPM, at CFA Institute Analysis and Coverage Heart)

The Unstated Battle of Curiosity on the Coronary heart of Funding Consulting (Mark J. Higgins, CFA, CFP)

A forty five-12 months Flood: The Historical past of Various Asset Courses (Mark J. Higgins, CFA, CFP)

The Gilded Age Circus is Again in City (Mark J. Higgins, CFA, CFP)


[i] Higgins, Mark J. Investing in U.S. Monetary Historical past: Understanding the Previous to Forecast the Future. Austin, TX: Greenleaf E book Group Press, 2024. ISBN 9798886451344.

[ii] Holden Lewis, “Consultants: No Actual-Property Bubble Burst,” Chicago Solar-Instances, September 10, 2004

[iii] Jenkinson, Tim, Howard Jones, and José Vicente Martinez. 2013. “Selecting Winners? Funding Consultants’ Suggestions of Fund Managers.” Paper, September 2013, College of Massachusetts. https://www.umass.edu/preferen/Youpercent20Mustpercent20Readpercent20This/PickingWinners.pdf

[iv] Burrough, Bryan, and John Helyar. Barbarians on the Gate: The Fall of RJR Nabisco. New York: Harper & Row, 1990.

[v] Bullock, Hugh. The Story of Funding Firms. New York: Columbia College Press, 1959.

[vi] Pan, Eric J. 2025. “ICI CEO: Make Non-public Markets Extra Accessible to Retail Buyers.” PR Newswire, January 14, 2025. https://www.prnewswire.com/news-releases/ici-ceo-make-private-markets-more-accessible-to-retail-investors-302444081.html.

[vii] https://www.withintelligence.com/insights/private-credit-funds-surpasses-500bn/?utm_source=chatgpt.com (accessed December 19, 2025).

[viii] Munger, Charlie. “The Psychology of Human Misjudgment.” Farnam Avenue (weblog), accessed December 20, 2025. https://fs.weblog/great-talks/psychology-human-misjudgment/.

[ix] Geithner, Timothy F. Stress Take a look at: Reflections on Monetary Crises. New York: Crown Publishing Group, 2015. ISBN 0804138613.

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