How does private markets / real assets risk differ from public markets?
It's pretty easy to get a sene of an FX, equities, CCR, fixed income or what have you risk analyst does, but what do roles in Private Markets (Investment) Risk entail? And I mean in terms of the nitty gritty day to day work. I'm in real estate development but want to move to more general capital markets, and specifically I want to do more coding and less legal document reading. I also want to work more with "high level economic concepts" than to be stuck in the weeds in a very context specific job like CRE (imo there's too much property-specific learning you have to do, and it's not very transferrable).
I imagine private markets risk isn't as quantitative / fast paced as public, for the same reasons the investment roles are not (lack of trading activity and data, not digitized, etc.) , but I could be wrong.
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