Verus CIO challenges notion of illiquidity premium in private equity

Ian Toner, our Chief Investment Officer, is featured in a Pensions & Investments article: Verus CIO challenges notion of illiquidity premium in private equity.

“Many institutional investors see private markets providing an illiquidity premium for their portfolios … Toner said the range of outcomes in private equity is huge, with the best managers providing a huge amount of value and the bottom of the universe losing a huge amount of value … The key is manager selection, and there is no beta premium in just investing in private equity, Toner said.”

Click the link to read the P&I article:

https://www.pionline.com/portfolio-management/chief-investment-officers/feature-pi-illiquidiy-alternative-investments-private-markets-cio-investment-consultant-verus-2025/?