CFASP Luncheon: Looking Past the Public/Private Divide: An Integrated Strategy

Institutional portfolios have long been organized around a simple divide: public markets here, private markets there. But as hybrid structures, liquid alternatives, and cross-market vehicles multiply, that divide is becoming less useful and, in some cases, a source of blind spots. Steve Meier, Vice Chair, Institutional Client Group at Neuberger, makes the case for looking past the public/private label entirely and evaluating investments instead by the economic role they play in a total portfolio.