Transcript: Ilana Weinstein
The Big Picture
JULY 4, 2023
Their mainstay financial services practice, which was banking and equities, fell off a cliff. You have no performance fee and no line of sight to getting to one anytime soon, and you have AUM shrinking by virtue of the losses, as well as the fact that LPs are now rightly redeeming. WEINSTEIN: Cut in half. RITHOLTZ: Right.
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