This is a very good piece, particularly: "In a world of 0 percent interest rates, people become pretty focused on finding new sources for fixed income" The amo

This is a very good piece, particularly: "In a world of 0 percent interest rates, people become pretty focused on finding new sources for fixed income" The amount of money coming to pay up for growth/quasi fixed-income is almost certain to increase as there are a lot of investors who need to hit 7-8% nominal returns in a 0% rate world: http://www.ecstrat.com/research/why-large-funds-are-piling-into-pe-vc/ http://www.ecstrat.com/research/why-large-funds-are-piling-i...