Feel like PC secondaries is a bit of a hidden world. Main question is around the work, on paper it doesn't seem crazy interesting as its essentially just buying debt? I could be completely misinformed/ignorant so for anyone in this industry, what do you enjoy about the work?
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You're buying LP stakes in credit funds on the secondary market. You may very opportunistically buy loans outright but it's really just secondaries of LP stakes. Pretty darn boring style of investing tbh.
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