The Rebalancing Conundrum: Private Equity Valuations and Market Dislocations
We show how portfolio rebalancing hinges on the PE valuation approach. CIOs need to understand this connection and how it affects their portfolio’s liquidity.
Newark, NJ, United States
Michelle (Yu) Teng is a Vice President and Co-Head of the Private Assets Research Program in PGIM’s Institutional Advisory & Solutions (IAS) group. She joined IAS from the Investment & Pension Solutions group in Prudential Retirement, where she focused on developing and delivering innovative solutions for the company’s institutional clients. Michelle was previously an Assistant Vice President at Bank of America Merrill Lynch, where she was responsible for building quantitative models in Global Markets. Ms. Teng received a Ph.D. in Electronic and Electrical Engineering from UCL (University College London) and an MBA from Tuck School of Business at Dartmouth. She holds the Chartered Financial Analyst® designation.