La creazione di posti di lavoro vacilla, ma le iniziative dal basso suscitano ottimismo

I don’t think it is a coincidence that the rise of ELTIFs (which is commonly subscribable by retail investors) coincides with the rise of secondaries funds and a difficulty for PE firms to get rid of assets at their own lofty valuations.
It’s just another way to dump assets and charging higher fees in the process.