From time to time, we get very involved with our investments at the Board level. And one of the points we try to drive through
From the Charles Skorina newsletter: Chief investment officers, investment staffs (and OCIOs) earn serious money for their schools and cost a relative pittance to maintain.
The concept of holding yourself out to the world as someone still willing to selectively accept “other people’s money” in a professional money management capacity
Corpgov.law.harvard.edu is actually a pretty good website that captures most of the bigger governance issues of the day and is a late 2025 signup. This
There has been a lot of ink spilled on the debate entitled: Are Private Fund Sponsors Marking Their Reported NAV to Market or Cost? It
I am not going to insult the intelligence of the reader by making a list of claims for the future, which is common theatre this
But not the way the fine folks at VerdadCap.com are thinking in another wise, interesting piece. Without the benefit of AI, I read their latest
PE Manager is selling an investment in Fund 1 to its Fund 2 at a discounted value and thus screwing investors in Fund 1.
There is NOT a word for word recitation of the ever expanding mostly made-up laundry list of disclaimers to start an earnings call. Note “there
Having no “plan” makes no sense. Having an “always behind the 8-Ball late, rigid asset allocation that perennially finds new things to do at the
The democratization of private equity is not democracy, it is marketing.
Said another way, watching professional tennis and some other things one might see on screens are really not “models” for activities in which many participate,
