Charlie Maxwell, co-chairman and co-founder at Cresset, is looking to cover wealthy clients’ income needs while increasing ...

Highlights,Illiquidity limits a firm's ability to meet financial obligations.,Thinly traded investments are hard to convert into cash.,High transaction costs and wide bid-ask spreads impact liquidity.

The private credit market has seen significant growth in response to regulatory shifts, pursuit of yield and increased ...

Lerner, Josh, and Antoinette Schoar. "The Illiquidity Puzzle: Theory and Evidence from Private Equity." Journal of Financial Economics 72, no. 1 (April 2004): 3–40.

Experts debunked rumors that an NFT ETF is on the way, explaining that traditional investors think the asset class is ...

Charlie Maxwell planned to go to law school right after college, but a bout of mononucleosis put that plan on hold, and he decided to try his hand in finance, going to work with Cigna in Tampa ...

Speculation about a potential NFT ETF has been fueled by a social media post from Pudgy Penguins CEO Luca Netz, but experts ...