Sandra Robertson, chief investment officer of Oxford University Endowment Management, painted a grim picture of the relationship between GPs and LPs at the BVCA Summit in London this week.
“We buy the ship and put a captain in to lead us to our destination, but right now we pay the captain to lead a different lifestyle … The costs outweigh the returns.
Oxford CIO: PE 'model is no longer sustainable'
Oxford University Endowment Management CIO Sandra Robertson told delegates at the BVCA Summit in London that private equity returns have been 'disappointing'.
