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  "documentTitle": "Private Markets Asset Allocation Guide May 2023  002",
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      "text": "Portfolio NAV: 21%",
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      "text": "UHNW Aggressive allocation: 21% allocation target to privates with a continuous over-commitment strategy of ~25%",
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      "text": "Source: Burgiss, UBS. Estimates based on the Takahashi Alexander cash flow model. Illustration based on aggressive UHNW alternatives allocation. Assumes an over-commitment strategy of 25% and a target of 25% to private investments.",
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