Michael Carmen on Late-Stage Venture Capital and IPOs

Bloomberg Radio host Barry Ritholtz speaks to Michael Carmen, co-head of private investments at Wellington Management Co. LLP, which has more than $1 trillion in assets under management. Carmen, who manages the diversified late-stage growth equity business, previously managed institutional portfolios in the multi-cap growth style. He has written papers on topics concerning investment trends in late-stage growth and small-cap equity portfolios and is a chartered financial analyst. 

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