Blog
How To Get A Capital Account Statement Right When Everything Is A Mess
The capital account statement you are about to send to a limited partner may have a nasty mistake in it. If you don’t catch it, and it explodes, allocators may get spooked and pull their investment. But you don’t have the luxury of time. You only have so much budget...
COVID-19… Private Funds Are Starting to Lean into The Fight
Four weeks into COVID-19’s assault across the U.S., private funds are starting to regain their footing and fight back. BlackRock has ridden into the fray to reinforce the New York Federal Reserve and buy up bonds. The alternative assets industry, despite taking early...
The Difference That Data Operations Make in How Countries Fight COVID-19
Singapore has had greater success fighting COVID-19 than other countries. Data operations have been one element of their success, and the lessons are both concrete and worth a closer examination. Private funds and allocators looking for a roadmap through these times...
Fees are down, but some fees are less down than others
Chief Investment Officer’s Steffan Navado-Perez reported - before the wave of coronavirus news washed over us - on new research from Harvard and Stanford showing pension funds have been paying vastly different fees at the same funds. As the COVID-19 tide eventually...
The World COVID-19 Is Bringing Us Is Never Going Away
Disoriented by coronavirus updates? We are too. But while we’re here, we’d like to take this opportunity to welcome you to the future. It got here faster than we expected. The future was going to bring us a largely virtual and distributed workforce. Telehealth was...
A Dramatic Rise In Corporate Finance Automation Started Up This Year
We noticed Jonathan Balkin at Lionpoint Group sharing this piece from Nina Trentmann at The Wall Street Journal. Nina points out the pressure on corporate finance departments to become more efficient and the role automation is playing to make that happen. Jonathan is...
Private Equity Data Science Professionals Talk Logistics
Business Insider’s Casey Sullivan wrote recently on six private equity firms to watch for how they use data science. Helpfully, Casey pointed out the key individuals that each have hired to lead their data teams. We agree with the quote attributed to Afsheen Afshar,...
So What If Alt Credit Is Like Fentanyl?
The success of the alternative private credit market has earned some scrutiny, and questions about whether it’s too good to be true. Recently Dan Rasmussen and Greg Obsenshain of Verdad Advisors wrote in Institutional Investor that private credit is like the addictive...
Risk and the Dirty Secret of Automation
If you’re going to automate poorly, you’re better off not automating. That’s one conclusion to consider after reading Tony Rifilato’s recent story in Fund Intelligence on new research. Tony and I had a chance to sit down earlier this year, and talked through where...
