What is Liquid Private Equity with Randy Cohen and Jean-Louis Lelogeais

In this episode of the Raw Selection Private Equity Podcast, Alex Rawlings interviews Randy Cohen and Jean-Louis Lelogeais, founders of PEO Partners, about liquid private equity. Randy and Jean-Louis explain the concept of liquid private equity as a means to offer attractive private equity performance in a liquid vehicle, useful for institutional investors, family offices, and those unable to access traditional private equity. They discuss the strategy behind liquid private equity, which involves mirroring the investment decisions of private equity firms in the public markets, leveraging like they lever, and protecting the downside through derivatives. They also address the challenges and potential use cases for liquid private equity, highlighting its role as a funding asset and a tool for diversifying investment portfolios.