Capital Allocators – Inside the Institutional Investment Industry
600 episodes - English - Latest episode: 10 days ago - ★★★★★ - 646 ratingsAllocator and asset management expert, Ted Seides, conducts in-depth interviews with leaders in the institutional investing industry. Guests include Chief Investment Officers from leading allocators, asset managers, strategists, thought leaders, and many more. Our mission is to learn, share, and help implement the process of premier investors. Learn more and join our community at capitalallocators.com.
Homepage Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Episodes
Chris Dixon - Empty Rooms: Web3 After the Fall (EP.380)
April 15, 2024 08:00 - 59 minutes - 54.7 MBOn today’s show, we’ll discuss another empty room – an opportunity ignored by most investors because they either don’t want to or can’t participate. We’ve shared conversations under this theme about a range of forgotten opportunities from specific emerging markets to biotech. Previous episodes are available under the mini-series or topic search at capitalallocators.com. This time around, we discuss a room that was overflowing two years ago, has been abandoned since, and might be coming back ...
[REPLAY] Chris Dixon – Frameworks and Investing at Scale (EP.258, Crypto for Institutions 2, EP.05)
April 15, 2024 07:45 - 52 minutes - 48.1 MBChris Dixon is a General Partner at a16z where he leads Crypto investing, overseeing the largest pool in the space at $7 billion across four dedicated venture funds and a team of eighty professionals. Chris is one of the leading voices in the crypto ecosystem and topped the Forbes ‘Midas List’ as the most successful venture capitalist in the world in 2021. He was a guest on the show last year, and that replay is available in the feed. Our conversation covers Chris’ framework for web3, n...
[REPLAY] Chris Dixon – The Future of Blockchain at a16z (Capital Allocators, EP.172)
April 15, 2024 07:30 - 1 hour - 56.5 MBChris Dixon is a General Partner at Andreesen Horowitz, where he focuses on the a16z Crypto Funds. Before joining Andreesen in 2013, Chris co-founded, built and sold two technology companies and was a prolific seed investor, founding member of Founder Collective, and personal investor. At various spots along the way, Chris was an investor in BuzzFeed, Uber, Venmo, Hotel Tonight, Coinbase, and Oculus, among many others. Our conversation covers Chris’ early interest in computers an...
Shiloh Bates – CLO Investing at Flat Rock Global (EP.379)
April 11, 2024 08:00 - 50 minutes - 46.3 MBShiloh Bates is the Chief Investment Officer at Flat Rock Global, an alternative credit manager specializing in the junior tranches of CLOs. Last year, Shiloh published CLO Investing, a comprehensive review of the structure, payoff rules, and historical performance of CLOs. Our conversation covers Shiloh's twenty-five years spent in and around the space, an overview of the market, the characteristics of CLOs, the attractiveness of CLO equity relative to other credit opportunities, and Fla...
Nigel Dawn - Secondaries in Private Markets (EP.378)
April 08, 2024 08:00 - 41 minutes - 28.4 MBNigel Dawn is the global head of Private Capital Advisory at Evercore, where he leads the secondaries business he started a decade ago. Under Nigel's leadership, Evercore had become the market leader in transaction volume and is involved in approximately 30-40% of all secondaries market activity . Our conversation covers Nigel's observations on the growing secondaries market, including its history, rationale for LPs and GPs, incentives, critiques, other liquidity options, and advice for bo...
WTT: The Investment Office Playbook - What Managers Don’t See
April 06, 2024 08:00 - 10 minutes - 9.74 MBI've been thinking about the investment office playbook and what managers don't see when they meet with allocators. Read Ted’s blog here.
Breeding Grounds – Carnegie Corporation of New York (EP.377)
April 01, 2024 08:00 - 1 hour - 64.1 MBToday’s show is the first in an ongoing mini-series discussing Breeding Grounds, organizations that have developed and spawned future industry leaders. We’ll cover both allocators and managers to see what we can learn about developing talent. In the first episode of the mini-series, we discuss Carnegie Corporation of New York. Ellen Shuman became Carnegie’s first CIO in 1999 after working for David Swensen at Yale. Over her dozen year tenure and that of Meredith Jenkins and Kim Lew for the...
Blythe Masters - Fintech Innovation at Motive Partners (EP.376)
March 25, 2024 08:00 - 53 minutes - 49.3 MBBlythe Masters a Founding Partner of Motive Partners, a $6 billion specialist private equity platform that builds, backs, and buys technology companies that enable the financial services industry. Blythe spent 27 years at JP Morgan, starting as a teenager and rising to the firmwide Executive Committee. Her path included roles as the head of global commodities, head of corporate and investment bank regulatory affairs, CFO of the investment bank, head of the global credit portfolio and credit ...
Jonathan Tepper - Buying Monopolies at Prevatt Capital (EP.375)
March 18, 2024 08:00 - 49 minutes - 45.9 MBJonathan Tepper is the CIO of Prevatt Capital, a $450 million long only firm he founded in 2020 that takes a quality and value approach to own a concentrated portfolio of global monopolies. He is also the author of The Myth of Capitalism, a book we discussed alongside his career path on the show five years ago. That conversation is replayed in the feed. Our conversation this time around bookends our prior discussion, covering Jonathan’s unique upbringing and education on one end and his c...
[REPLAY] Jonathan Tepper - Variant Perception of Capitalism (Capital Allocators, EP.110)
March 18, 2024 07:45 - 52 minutes - 47.8 MBJonathan Tepper is the founder of Variant Perception, an economic research group that works with institutional managers, hedge funds, and allocators to provide objective and comprehensive data to form actionable ideas from leading indicators and emerging trends. He is also the author of three books, the most recent of which, The Myth of Capitalism: Monopolies and the Death of Competition, received widespread acclaim earlier this year. Our conversation covers Jonathan's unusual upbringing,...
Mike Freno – Confident Humility at Barings (EP.374)
March 14, 2024 08:00 - 39 minutes - 37.5 MBMike Freno is the Chairman & CEO of Barings, a $400 billion global manager that invests across public and private fixed income, real assets, and capital solutions on behalf of its insurance company parent MassMutual and other institutions. Barings emerged from a combination of four investment brands in 2016 and has expanded its capabilities by acquiring partners with complementary skills that fit into its culture. Our conversation covers Mike's path to the CEO seat, the creation of the mo...
Michael Leffell – Opening Doors to Niche Private Opportunities at 10 East (EP.373)
March 11, 2024 08:00 - 51 minutes - 36.5 MBMichael Leffell is the Managing Member of Portage Partners, Chairman of Canoe Intelligence, and Founder and Chairman of 10 East, an investment platform for sophisticated investors to access private markets by co-investing alongside Michael. Michael was former Deputy Executive Managing Member of Davidson Kempner, where he spent twenty-one years before retiring in 2010. He formed a family office shortly thereafter and developed Portage, Canoe, and 10 East out of his investing activities. Ou...
Richard Sandler – The Prosecution of Michael Milken (EP.372)
March 04, 2024 09:00 - 1 hour - 57 MBA long time ago, 33 years to be exact, Mike Milken pled guilty to 6 counts of violations of securities laws, went to jail for 2 years, and received a lifetime ban from the securities industry. He was at the time the most successful and powerful man on Wall Street and remains one of the smartest and most successful backers of talent in finance, cancer research and education. Most of us have formed beliefs about Mike based on accounts in the media or books written like Den of Thieves. W...
Michael Milken – Innovations in Finance, Medicine, and Education (EP.371)
February 26, 2024 09:00 - 1 hour - 50.7 MBMichael Milken is a legendary financier and philanthropist. Mike is best known for his role in creating the high yield bond market in the 1970s and 1980s at Drexel Burnham Lambert, his guilty plea, and his remarkable philanthropic efforts over fifty years supporting medical research, education, and public health. Under Mike’s leadership, upstart Drexel became the most successful securities firm on Wall Street, enabled capital to become available for the 99% of companies that could not previo...
Michael Mauboussin - Pattern Recognition and Public Markets (EP.370)
February 19, 2024 09:00 - 49 minutes - 35.3 MBMichael Mauboussin is the Head of Consilient Research at Counterpoint Global, a $70 billion equity manager. Michael is renowned for his ability to articulate important investment concepts backed by academic research. His first of three prior conversations on the show is replayed in the feed. You can find the rest at capitalallocators.com. Our conversation explores Michael’s most recent piece on pattern recognition, including when it works and when it doesn’t. We then transition to discussi...
Magnus Grimeland – Day Zero Investing at Antler (EP.369)
February 15, 2024 09:00 - 1 hour - 47.9 MBMagnus Grimeland is the CEO and founder of Antler, one of the world’s largest day zero investor. Antler’s pre-seed strategy canvasses 27 countries, 1,000 portfolio companies, 8,000+ founders, and over 120,000 annual applications for 2,000 spots in its residency programs. Magnus founded Antler in 2017 after serving as the co-founder of Zalora, a tech-enable fashion brand in Asia. Our conversation covers Magnus’ journey from growing up in rural Norway to developing a global startup platform...
Brad Jacobs – Masterclass on Leadership and Management (EP.368)
February 12, 2024 09:00 - 1 hour - 53.3 MBBrad Jacobs is a career CEO and the founder of Jacobs Private Equity (his family office). Brad created and grew three platforms using a roll-up strategy that resulted in seven multibillion-dollar publicly traded companies. He and his teams have raised $30 billion of capital, completed 500 acquisitions, created hundreds of thousands of jobs, and generated annual returns to shareholders in excess of 50%. Brad shares his playbook in his aptly named book, How to Make a Few Billion Dollars. In De...
Ron Biscardi – Inside iConnections Global Alts (EP.367)
February 08, 2024 09:00 - 24 minutes - 18.2 MBRon Biscardi, the CEO of iConnections, whose Global Alts conference in Miami is the largest capital introduction gathering in the industry. In addition to the annual event, iConnections hosts an annual charity cap intro event and provides its technology platform to connect the industry year-round. Last week, I joined 6,000 industry peers in Miami at Global Alts. The main event at the conference were an incredible 15,000 one-on-one meetings between allocators and managers. As a side show,...
Sanjay Ayer – Think Different and Get Better at WCM (EP.366)
February 05, 2024 09:00 - 1 hour - 44.8 MBSanjay Ayer is a portfolio manager at WCM Investment Management, the Laguna-based $80 billion equity manager profiled on three popular past episodes with CEO Paul Black, President Mike Trigg, and emerging market portfolio manager Mike Tian. Sanjay joined WCM in 2007, and alongside Mike Trigg, leads the firm’s research process that follows the mantra: think different and get better. Our conversation is a fascinating exploration of the differentiated mindset at WCM. We discuss topics, includ...
[REPLAY] Paul Black and Mike Trigg – How to Build a $100B Money Manager (Capital Allocators, EP.227)
February 05, 2024 08:45 - 1 hour - 45.5 MBPaul Black and Mike Trigg from WCM Investment Management are both past guests on the show who have taken an investment philosophy focused on culture and moat trajectory to turn a once struggling boutique into a $100 billion powerhouse. Paul came on the show a few years ago when WCM had quietly grown to $25 billion in assets, and Mike joined a year ago to dive into their research process. Their colleague Mike Tian shared another perspective earlier this year when he described applying WCM’s ...
Raphael Arndt – The Death of Traditional Portfolio Construction? (EP.365)
January 29, 2024 09:00 - 48 minutes - 34.9 MBRaphael Arndt is the CEO of the Future Fund, Australia’s 200 billion AUZ ($135B) sovereign wealth fund that his team manages alongside 55 billion AUZ of other sovereign pools of capital. Raphael assumed the CEO seat in 2020 after serving as Chief Investment Officer for six years. Our conversation from five years ago about the Fund’s total portfolio approach is replayed in the feed. Our conversation focuses on the significant changes in the Future Fund over the last few years. Raphael and ...
[REPLAY] Raphael Arndt – Australia’s Sovereign Wealth Fund CIO (EP.70)
January 29, 2024 08:45 - 1 hour - 60.1 MBRaff Arndt is the Chief Investment Officer of Australia’s AUZ$145 billion Sovereign Wealth Fund, the Future Fund. He trained as an engineer and dove into infrastructure policy at the beginning of Australia’s privatizations in the late 1990s. After investing in the space for six year, he joined the Future Fund in 2008 to head the infrastructure team. Six years later, Raff became CIO. Our conversation spans all aspects of the management of a next generation institutional portfolio, includin...
Chad Summe and Mike Veith – Corridor of Commerce at eGateway Capital (EP.364)
January 25, 2024 09:00 - 51 minutes - 36.8 MBToday's Sponsored Insight features Chad Summe and Mike Veith, Partners at eGateway Capital, a Cincinnati based, thesis-driven firm that focuses on growth stage, enablement technologies that drive the future of digital supply chains, marketing, and commerce. Our conversation covers their path to creating eGateway, their investment strategy and process. Chad and Mike highlight the firm’s regional and relationship-based sourcing and value add opportunities that benefit from the importance of ...
Tilly Franklin – Endowment Model at Cambridge University (EP.363)
January 22, 2024 09:00 - 1 hour - 48 MBTilly Franklin is the CEO and Chief Investment Officer at University of Cambridge Investment Management, where she oversees the £4.0B Cambridge University Endowment Fund. UCIM applies an endowment model approach primarily investing in managers and with an overall emphasis on sustainability. We discuss Tilly’s background that canvasses operating roles, direct private equity, at Apex, investing at Yale cub Alta Advisors, and the perspectives she brought to Cambridge four years ago. We cover...
George Michelakis – Chess Master’s Approach to Long-Short Equity at Gladstone (EP.362)
January 15, 2024 09:00 - 48 minutes - 34.5 MBGeorge Michelakis is the Chief Investment Officer of Gladstone Management, a $2 billion long/short equity hedge fund based in London. George founded Gladstone in 2006 with seed capital from, well me at Protégé Partners, and six years later bought back the stake when still managing less than $100 million. In the dozen years since Gladstone has won awards for European Hedge Fund of the Year and the top performing five-year fund for three years in a row. Long before that, George became an Int...
WTT: The Next Alpha Frontier
January 13, 2024 09:00 - 5 minutes - 4.89 MBHow will we generate returns to meet important spending needs in an increasingly unforgiving world? One answer is “Internal Alpha’ – making fewer mistakes alongside making great investments. Generating internal alpha is rarely taught in the investment field, which is why we created Capital Allocators University. Read Ted’s blog here.
Brian Christiansen – High-Conviction Growth Investing at Sands Capital (EP.361)
January 11, 2024 09:00 - 1 hour - 44.7 MBBrian Christiansen is Executive Managing Director and Senior Portfolio Manager at Sands Capital, a growth-focused public and private equity manager that oversees $50 billion in assets. Our conversation covers Brian’s journey to Sands Capital, the firm's investment philosophy and approach to growth investing, six key investment criteria, portfolio construction, competitive advantage, and investment examples. Learn More Follow Ted on Twitter at @tseides or LinkedIn Subscribe to the mail...
Ana Marshall – The Climb to Investment Excellence (EP.360)
January 08, 2024 09:00 - 49 minutes - 35.1 MBAna Marshall is the CIO for the $14 billion William and Flora Hewlett Foundation and a two-time past guest on the show. This time around, we discuss Ana’s recently published book, The Climb to Investment Excellence. It is an outstanding, thorough guide for any leader overseeing a pool of institutional capital. But don’t take my word for it – the book jacket has praise from perhaps the best list of investment luminaries to ever adorn a cover: Seth Klarman from Baupost, Sir Christoper Hohn fro...
[REPLAY] Ana Marshall – Preparing for the New Environment at Hewlett (Capital Allocators, EP. 288)
January 08, 2024 08:45 - 46 minutes - 33.4 MBAna Marshall is the CIO for The William and Flora Hewlett Foundation, where she oversees a $13 billion pool of capital. Ana joined Hewlett eighteen years ago after spending the same amount of time as a direct investor. She was a past guest in 2019 describing her approach, and that conversation is replayed in the feed. We caught up to discuss what is on Ana's mind going into the new year. We cover inflation, private equity secondaries, liquidity management, China, emerging markets, and ...
[REPLAY] Ana Marshall – Applied Direct Investing at the William and Flora Hewlett Foundation (Capital Allocators, EP.111)
January 08, 2024 08:30 - 51 minutes - 36.4 MBAna Marshall is the Vice President and Chief Investment Officer for The William and Flora Hewlett Foundation, where she oversees a $10.5 billion pool of capital. Ana joined Hewlett in 2004 after spending eighteen years as a direct investor in high yield credit, emerging market debt, and international equities. Our conversation covers Ana’s lifelong passion for investing, joining the “super buy side,” conducting company meetings to inform the manager selection and allocation process, portfo...
Morgan Housel – Same as Ever (EP.359)
January 01, 2024 09:00 - 59 minutes - 42.1 MBMorgan Housel is a partner at Collaborative Fund, blogger about behavior and money, and author of The Psychology of Money. The book has sold 4.5 million copies since its release three and a half years ago and already ranks in the top five best-selling books about finance. Morgan recently published his second book, Same As Ever: A Guide to What Never Changes. Our conversation starts with what happened since his last appearance on the show just before the release of The Psychology of Money. ...
2023 Top Episode #1: Seth Klarman – Timeless Value Investing, EP.328
December 29, 2023 09:00 - 1 hour - 65.3 MBWe’re counting down the top 5 episodes of 2023. The number one episode of the year, and the number one episode of all time, Seth Klarman – Timeless Value Investing. Seth’s uncommon wisdom and sole podcast appearance combined to make this year’s chart topper one for the ages. Learn More Follow Ted on Twitter at @tseides or LinkedIn Subscribe to the mailing list Access Transcript with Premium Membership
2023 Top Episode #2: Dmitry Balyasny – Multi-Strategy Platform at BAM, EP.341
December 28, 2023 09:00 - 1 hour - 59.8 MBWe’re counting down the top 5 episodes of 2023. Number three covered private credit and number two covers the other most topical strategy of the year – multi-manager platform hedge funds. Weighing in at number two is Dmitry Balyasny and his discussion of multi-strategy platforms at BAM. Learn More Follow Ted on Twitter at @tseides or LinkedIn Subscribe to the mailing list Access Transcript with Premium Membership
2023 Top Episode #3: Kipp deVeer – The World of Private Credit at Ares, EP.329
December 27, 2023 09:00 - 1 hour - 46.5 MBWe’re counting down the top 5 episodes of 2023. At number three, Kip DeVeer and the world of private credit at Ares. The subject of private credit was top of mind for investors, and Kipp shared his experience and wisdom in this tour of the space. Learn More Follow Ted on Twitter at @tseides or LinkedIn Subscribe to the mailing list Access Transcript with Premium Membership
2023 Top Episode #4: Stan Miranda – Modern Endowment Model at Partners Capital, EP.334
December 26, 2023 09:00 - 54 minutes - 39 MBWe’re counting down the top 5 episodes of 2023. Coming in at number four is Stan Miranda, the modern endowment model at Partners Capital. Stan’s original insights shine in this story of the powerhouse OCIO he founded with Paul Dimitruk 20 years ago. Learn More Follow Ted on Twitter at @tseides or LinkedIn Subscribe to the mailing list Access Transcript with Premium Membership
Year in Review 2023 (EP.358)
December 25, 2023 09:00 - 10 minutes - 7.45 MBIt's that time of year when I share my annual letter and a rundown of the top episodes of 2023. Like last year, we’ll be counting down the top 5 episodes each day this week. Tune in throughout the week to find out which episodes were played more than any other from last Thanksgiving to this one. Learn More Follow Ted on Twitter at @tseides or LinkedIn Subscribe to the mailing list Access Transcript with Premium Membership
2023 Top Episode #5: Gregg Lemkau – The Evolution of MSD, EP.291
December 25, 2023 08:55 - 56 minutes - 40.4 MBWe’re counting down the top 5 episodes of 2023. Kicking us off at number five, is Greg Lemkau, the evolution of MSD, episode 291. I can’t say I’m surprised by this one. Greg is beloved far and wide in the industry and all kinds of people came out of the woodwork when this release. Learn More Follow Ted on Twitter at @tseides or LinkedIn Subscribe to the mailing list Access Transcript with Premium Membership
Gary Sernovitz - Inside the CIO Seat (EP.357)
December 18, 2023 09:00 - 46 minutes - 32.1 MBGary Sernovitz is Managing Director at Lime Rock Partners, an oil and gas-focused private equity firm that manages $10 billion, where he runs the firm’s investor relations and business development efforts. He is also the author of The Counting House, a fictional story about a CIO who oversees a $6 billion college endowment. After twenty years of observing CIOs, Gary brings his pointed, witty writing with a nuanced understanding of someone sitting in the CIO seat. Our conversation discusse...
Thomas Haugaard - Hard Currency Emerging Markets Debt at JHI (EP.356)
December 14, 2023 09:00 - 43 minutes - 29.8 MBToday's Sponsored Insight features, Thomas Haugaard, a portfolio manager on the Emerging Markets Debt Hard Currency team at Janus Henderson Investors where he helps manage $1.3 billion just one year into the team’s tenure at JHI. Thomas spent the last decade in the strategy with the same team, a prior decade in emerging markets research, and a decade before that in academia studying emerging markets. Our conversation covers Thomas’ path to investing, the opportunity set and misconceptions ...
[REPLAY] Andy Acker - Empty Rooms: Investing in Biotech at Janus Henderson (Capital Allocators, EP.274)
December 14, 2023 08:45 - 51 minutes - 35.4 MBOn today’s show we’ll discuss another empty room – an opportunity ignored by most investors because they either don’t want to or can’t participate. Andy Acker is a Portfolio Manager at our anchor sponsor, Janus Henderson Investors, where he manages the firm’s healthcare strategies. Janus Henderson is a global asset manager with $300B in assets under management, and Andy oversees the firm’s Global Life Sciences strategy and its Biotechnology strategy. Biotech stocks have been crushed despi...
[REPLAY] Daniel Graña – Janus Henderson Investors Emerging Markets Equity (Manager Meetings, EP.13)
December 14, 2023 08:30 - 52 minutes - 36.3 MBToday’s episode of Manager Meetings is our first sponsored show, with our friends at Janus Henderson Investors. I had the chance to speak with Daniel Graña, who is responsible for Janus Henderson’s emerging markets equity strategy. Janus Henderson is a leading global asset manager with $400 billion under management. Our conversation covers some stories of the wild west early days in emerging markets, Daniel’s strategy focusing on the intersection of good companies with good governance and go...
Marcia Page – Corn Capitalist with a Velvet Hammer at Värde and MPowered (EP.355)
December 11, 2023 09:00 - 1 hour - 45.6 MBMarcia Page is the Co-Founder and Executive Chair of Värde Partners and Founder and CEO of MPowered Capital. Värde is a thirty-year-old $13 billion leading global alternatives firm specializing in credit. MPowered came out of Marcia’s personal investing and focuses on accelerating equity for best-in-class female and underrepresented talent through capital, commitment, and connections. Marcia is one of the few women to have founded and scaled an alternatives firm over three decades. Our co...
Nicolai Tangen – Overseeing the Largest Sovereign Wealth Fund (EP.354)
December 04, 2023 09:00 - 49 minutes - 33.9 MBNicolai Tangen is the CEO of Norges Bank Investment Management, where he oversees the $1.3 trillion Norwegian Sovereign Wealth Fund, the largest sovereign wealth fund in the world. The Fund owns 1.5% of all public equities worldwide and 2.7% of all listed companies in Europe. As part of his effort to communicate with constituents, Nicolai also hosts “In Good Company,” a podcast where he interviews CEOs of large, global, market-leading companies. Before taking the helm three years ago, Nicola...
Michael Levy – Crow Family Real Estate Empire (EP.353)
November 27, 2023 09:00 - 55 minutes - 38.3 MBMichael Levy is the CEO of Crow Holdings, the family real estate empire initiated by Trammel Crow seventy-five years ago that today includes longstanding family holdings, $30 billion in externally managed and development real estate, and a diversifying portfolio of non-real-estate assets. Before joining Crow, Michael had a long career in real estate finance and investment management at Morgan Stanley that culminated in his serving as COO of the Investment Management Division. Our conversat...
Ted Seides – Unlocking Investment Wisdom (EP.352)
November 23, 2023 09:00 - 35 minutes - 24.6 MBHappy Thanksgiving to everyone. For a little turkey treat, today’s show has me on the other side of the mike. Sarah Samuels, the head of manager research at powerhouse consultant NEPC and a past guest on the show, is also the Board Chair of the CFA Society in Boston. She’s created a podcast series for the Society called “Pull Up a Chair,” and I was honored to be her inaugural guest. We recorded live at Wellington Management’s headquarters earlier this month in front of a crowd that inclu...
Chad Hutchinson – Professional Athlete to Professional Investor in Sports (EP.351)
November 20, 2023 09:00 - 52 minutes - 36.3 MBChad Hutchinson is a partner at Arctos Partners, a private equity firm best known as the leading minority owner of professional sports franchises. Chad was one of only seven athletes since 1970 to play in both Major League Baseball and the National Football League. After his sports career ended, he started from scratch in finance and spent fifteen years in private markets before joining Arctos and bringing his two careers together. We discuss Chad’s journey to two professional sports, mind...
Rick Heitzmann – New York Venture Investing at FirstMark Capital (EP.350)
November 13, 2023 09:00 - 1 hour - 46.6 MBRick Heitzmann is the founder and Managing Partner of FirstMark Capital, a network-driven seed and series A venture capital firm managing $3.5 billion that backs entrepreneurs in high-growth consumer and enterprise technology sectors focused in New York City. some of FirstMark’s past wins include Pinterest, DraftKings, Shopify, Upwork, StubHub, and Airbnb, and Rick has been named to the Forbes’ Midas List as one of the world’s top venture capitalists for the last four years in a row. Rick...
Ted Martell – Empty Rooms: Commercial Real Estate Non-Performing Loans in NYC at Maverick Real Estate (EP.349)
November 09, 2023 09:00 - 47 minutes - 32.6 MBOn today’s sponsored insight, we’ll discuss another empty room – an opportunity ignored by most investors because they either don’t want to or can’t participate. It’s real estate Non-Performing Loans (NPLs) in New York City, a niche opportunity requiring a high degree of specialized expertise. Ted Martell is the Co-Founder of Maverick Real Estate Partners, the leading investor in commercial real estate NPLs and distressed loans in the New York City market. Maverick manages $500 million foc...
Allison Thacker – Different Perspectives and Different Assets at Rice University (EP.348)
November 06, 2023 09:00 - 58 minutes - 80.6 MBAllison Thacker is the President and Chief Investment Officer of Rice Management Company, where she oversees Rice University's $8 billion dollar endowment. Allison spent eleven years picking growth stocks before joining Rice eleven years ago. Our conversation shares Allison’s keen insights from experience as both a direct investor and endowment manager, Rice’s quite different portfolio with a heavy allocation to real assets, and an organizational structure that blends internal and external...
Bruce Ou – Private Market Investing at GroveStreet (EP.347)
October 30, 2023 08:00 - 52 minutes - 35.9 MBBruce Ou is the Managing Partner of GroveStreet, a boutique firm that has invested $10 billion in the private markets on behalf of fourteen institutional clients. GroveStreet specializes in managers that transform companies in venture capital, growth equity, and middle market buyouts. Our conversation canvasses Bruce’s emigration from China, thoughts on middle market buyouts, venture capital, and growth equity investing, opportunities in China, and co-investments. Learn More Follow Ted ...