This episode of The Rational Reminder Podcast features an interview with Jeff Hook, a former investment banker and private equity executive, who discusses his research on private markets, private equity, and private credit. Hook's work highlights performance shortfalls in private credit, challenging the narrative of superior returns often pushed to retail investors. The conversation also touches on the difficulties in measuring private market performance compared to public equities and the psychological impulses that drive investors towards more 'exotic' private investments.
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Ex-Investment Banker: What Private Equity Doesn't Tell You | Rational Reminder 409
May 14, 2026
This episode of The Rational Reminder Podcast features an interview with Jeff Hook, a former investment banker and private equity executive, who discusses his research on private markets, private equity, and private credit. Hook's work highlights performance shortfalls in private credit, challenging the narrative of superior returns often pushed to retail investors. The conversation also touches on the difficulties in measuring private market performance compared to public equities and the psychological impulses that drive investors towards more 'exotic' private investments.
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