The document discusses the secular versus cyclical demand for alternative investments, the current state of the private equity cycle, the changing role of alternative managers, and the risks associated with stocks after significant price increases in 2013. It highlights the long-term benefits of alternative investments, the mid-cycle realization phase in private equity, the diversification and innovation of alternative managers, and the risk profiles of stocks in the current economic climate.
doj/DataSet10/EFTA01452573.pdf
{"document_date":"2014-01-28","document_type":"correspondence","key_organizations":["Deutsche Bank Securities Inc."],"reference_numbers":["DB-SDNY-0109691","SDNY_GM_00255875","EFTA01452573"]}