Matt Levine, Columnist

Private Funds Are the New Public Funds

Also Bitfinex recoveries, T+1 and NOBOs.

February 10, 2022 at 6:43 PM UTC

Matt Levine is a Bloomberg Opinion columnist. A former investment banker at Goldman Sachs, he was a mergers and acquisitions lawyer at Wachtell, Lipton, Rosen & Katz; a clerk for the U.S. Court of Appeals for the 3rd Circuit; and an editor of Dealbreaker.

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The traditional trade-off in U.S. capital markets is: