Permanent Capital
topic on 3 shows · 6 statements across 6 episodes
Invest Like the Best 
Capital Allocators 
the MAD Podcast
6 statements about Permanent Capital, every show
Ferrari: Bending Spoons prefers permanent capital over fixed-term funds
“All else equal, we do prefer a permanent capital, and it's not so much because you, even permanent capital could ask you to liquidate. It's just that they don't have to. And I think the fact that they don't have to reduces the probability that you'll find your…”
Feliciano: Permanent capital is the most interesting structural trend in private markets
“The most interesting trend out there that we have to think about is the different versions of permanent capital, and that can be in a waterfront. There's a version of permanent capital that could be partnering or doing something with an insurance company that …”
Rees: Dyal operates permanent capital funds with zero investor redemption rights
“We look like a private equity fund on the way in, we get commitments from investors, we call capital to do deals, but we never plan on selling a partnership or ending a partnership, and we really don't ever have a way for investors to elect to redeem. There's …”
Owl Rock Pioneered Institutional Permanent Capital for Direct Lending
“When we went out to raise permanent capital, it had only been raised retail. Nobody had really done it institutionally.”
Ford: General Atlantic does not need permanent capital or GP stakes
“So far, we've concluded that we don't really need it, that we have sufficient capital in the business to grow, to add talent, to add offices like you talked about before, to add sectors.”
Real estate operators need a secondary market to achieve permanent capital
“One of the things that, you know, operators view as the holy grail is permanent capital, right? If I don't feel like I need to sell this building, why should I, right? And the only way you do that is if you actually create a secondary market, right, where esse…”