Farouki Majeed, CIO of the $23 billion Ohio School Employees Retirement System has highlighted worrying signs in private equity that resulted from a backlog of exits, including industry murmurs that some GPs are having to borrow money to operate their business because LP fees are drying up. Though in an interview with Top1000funds.com, Majeed unpacks why its 12 per cent PE allocation is shielded from the rout.
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