Pavel Ermoline

Stay informed with Pavel Ermoline’s coverage and analysis for Fortune.

  • A trader works on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Monday, June 27, 2022. Money managers betting on a sustained global rebound will be left sorely disappointed in the second half of this crushing year as a protracted bear market looms, even if inflation cools. Photographer: Michael Nagle/Bloomberg via Getty ImagesCommentary

    Private equity will still outperform public markets in the next recession

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