Now, if you are a private company, you are limited to where you can sell your investments.

如果你的公司是私募性质,在推销投资产品方面会面临许多限制

耶鲁公开课 - 金融市场课程节选

If you are--this is a private investment company -let's think before we talk about hedge--think of -suppose you're a public investment company approved by the SEC.

如果你是...这是一种私募投资公司,...在我们讨论对冲基金之前大家想一想,...假设你有一家经证交会认证的公共券商

耶鲁公开课 - 金融市场课程节选

So,70% of the portfolio is in absolute return, real assets,private equity, alternatives--broadly defined.

因此资产的70%分布于绝对收益组合,不动产,私募权益等广泛的投资品种中

耶鲁公开课 - 金融市场课程节选

So 90% of your portfolio is in domestic marketable securities and only 10% is invested in things like real estate or venture capital or private equity -hardly enough to make a difference in terms of the portfolios returns.

于是90%的投资都在本国有价证券中,仅10%用于比如不动产,风险资本或私募股权投资,这一小块几乎对投资回报,没有什么作用

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Hedge funds do not post their investments on EDGAR, so they're private.

对冲基金不在EDGAR上发布投资情况,所以他们就是私募性质

耶鲁公开课 - 金融市场课程节选