@20vc_tok: Starting with a blank portfolio? Nail the private allocation first.   David Morehead, CIO of Baylor University’s Office of Investments, explains why private assets can consume liquidity and restrict your ability to move between managers and strategies.   How much illiquidity can your portfolio really afford?   #Investing #PrivateMarkets #PortfolioManagement

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Tuesday 15 September 2026 05:00:03 GMT