Ryan ALM
Blog
Unfortunately, the Joke Was On Us!
I started raising alarm bells related to DB pension exposure to alternatives - mainly private equity and private credit several years ago, and have produced roughly a dozen blog posts that touch on this issue. You may recall some of...
Another Cockroach!
As most folks were focused on the massive snowstorm that crippled a large swath of the U.S., BlackRock was disclosing another significant loss in one of their private debt funds. In this case, BlackRock TCP Capital, a publicly traded middle-market...
Will You Do Nothing?
I recently read an article by Cliff Asness of AQR fame, titled "2035: An Allocator Looks Back over the Last 10 Years". It was written from the perspective that performance for world markets was poor and his "fund's" performance abysmal...