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At The Money: Finding Overlooked Private Investments , with Soraya Darabi, TMV (October 02, 2024) The Efficient Market Hypothesis informs us that stock markets reflect all of the information known about any company. But is that also true for start-ups and venture-funded private companies? That founder happens to be an LP in our fund.
Please note that nothing on this call constitutes an offer to sell or a solicitation of an offer to purchase an interest in any Blue Owl funds. In spite of the very difficult backdrop for real estate fundraising, our latest triple net lease fund was the single largest U.S. real estate fund raised in 2023.
We believe the continued path of central bank normalization will support sustained inflows across bond funds, ETFs, and institutional accounts. Sales, asset, and account expense increased 6% compared to a year ago, driven by higher direct fund expense. active fixed income mutual funds. to 1 full basis point.
In areas where VC money is plentiful and there are lots of VCs tripping over each other to funddeals — tthink San Francisco, Boston, NewYork — in other parts of the country where there are fewer VCs, there are enormous market inefficiencies. That founder happens to be an LP in our fund.
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