Lombard Odier rejects semi-liquid hype, doubles down on private asset lock-ups

As some of the world’s largest asset managers flood private banking channels with semi-liquid ‘evergreen’ vehicles, Lombard Odier’s global private assets team is drawing a line in the sand.  While many private banks have tapped into the evergreen space to unlock revenue from the massive, untapped wealth of high net worth (HNW) and mass-affluent investors as they seek diversification, the…

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