The private investment idea this fund manager is targeting for double-digit returns
The following was written and published on Livewire on 28 November 2024.
Less than 1% of the 27M US companies are publicly-listed. That opens up a huge opportunity for those who want to invest in the other 99%.
Note: This interview was taped on Thursday 31 October 2024.
According to Forbes, less than one percent of the 27 million companies in the United States alone are publicly traded. Furthermore, the number of publicly listed firms in the US has fallen from 8,000 in the mid-1990s to just over 4,600 as of 2022. That means the best investment opportunities may often be in hard-to-find or hard-to-access markets.
That’s where private equity investing comes in. In some ways, it’s similar to public markets in that there are large-market (large/mega-cap), middle-market (mid-cap), and small-market (small-cap) investment opportunities. But in other ways, it is a far, far different beast from what you will find on your favourite trading app.
In this episode of The Pitch, we are joined by Barry Miller of Ares Management. In this video, Miller will share the specific area of the global private equity market where they are finding the most opportunities today. He will also share some lessons he learned from the investments he and his team made in the last few years.
Read the edited transcript here.
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