Alternative Asset Investors Should Brace for Leaner Payouts
- Setter Capital survey canvassed 72 money managers in April
- Found most expect economic slump to last around 13 months
Photographer: Jeff_Hu/iStockphoto via Getty Images
This article is for subscribers only.
Investors should brace for sharply leaner payouts from venture capital, private equity and private debt funds for at least the rest of the year, according to a Setter Capital Inc. survey.
Payouts are estimated to drop by about one-third over the next three quarters versus the previous nine months, according to 72 managers who responded to the April survey. Toronto-based Setter is an intermediary of secondary market transactions.