Tonite’s Business
Ask your fund manager what some of his biggest investments are in RE.
Because they don’t have real capital markets.
They, through their ignorance, duped you.
Because he told you that it’s both PE and RE?
WTF?!
If it’s PE + RE, why does he give you some obscure listed product?
Why is there always a discount to NAV?
If so, why did he tell you to buy equity in RE?
As him to sell all - no more lock up periods without performance.