A $140 Trillion Riddle, Wrapped in a Mystery, Inside of an Enigma
Dry Powder: The Private Equity Podcast
English - December 07, 2023 09:00 - 18 minutes - 17 MB - ★★★★★ - 122 ratingsInvesting Business Management bain bain & company private equity hugh macarthur Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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Today on the show, I have a lively conversation with Ashby Monk, the executive director of the Stanford Research Initiative on Long Term Investing. Ashby studies the inner workings of pension funds, sovereign wealth funds, endowments and foundations — in short all of those LPs that sit somewhere in between the public and private sectors.
“That means that they are optimizing for things that are not entirely evident to just the casual observer,” Ashby says.
In this episode of Dry Powder, I ask Ashby to take us inside the $140 trillion universe of long-term investing and help us understand what exactly these organizations are optimizing for.
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