WTT – The Impermanence of Permanent Capital

<p>"Nothing lasts forever" as the aphorism goes, and such is the case with permanent capital. The quirk in the theoretically sound concept cause some challenges for both managers and allocators.<br /> <br /> Read Ted’s blog <a href= "https://www.capitalallocators.com/teds-blog/?filterwp=31888&category_2=what-teds-thinking">here</a>.</p>