Buy Private Equity in the Secondary Market, Voya’s Simone Says

  • Simone says RMBS market still has room to move upward
  • Predictable cash flow from secondary PE is attractive, he says

Insurers scaling back from hedge funds may find better bets in securitized credit and the secondary market for private equity, said John Simone, an executive at Voya Financial Inc.’s asset-management operations.

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