As the U.S. economy’s digital transformation accelerates, there’s no turning back the clock to the pre-COVID economy. Increasingly, technology and innovation are integrated into the entire economy, across all industries and sectors.
The number of publicly traded companies listed on U.S. exchanges has contracted significantly over the last several years, as private venture-backed and growth-oriented companies continue staying private for longer.
“The interval fund structure is the most disruptive way to democratize access to the private markets, particularly late-stage venture capital,” Christian Munafo, Chief Investment Officer of Liberty Street Advisors/Shares Post 100 Fund says.
Venture capital-funded startup firms are staying private longer. Why? It’s the secondaries market, where investors can buy and sell holdings. Join Christian Munafo, chief investment officer at Liberty Street Advisors and Portfolio Manager of the SharesPost 100 Fund, in this 30-minute podcast available on Spotify and other platforms.
“When fixed income yields came down from their inflation-juiced levels, bond appreciation blossomed,” said James Robinson, Chief Executive Officer and Chief Investment Officer of Robinson Capital Management, in Chief Investment Officer.
Much of a business’ growth is captured in the private market. Investors not able to access this growth market are at a distinct disadvantage, says Christian Munafo, chief investment officer at Liberty Street Advisors and Portfolio Manager of the SharesPost 100 Fund.
The recent trading in GameStop may be much ado about how investing has become more democratic. Christian Munafo, Chief Investment Officer of the Liberty Street Funds and Portfolio Manager of the SharesPost 100 Fund, provided insight.