Private Funds

topic on 2 shows · 5 statements across 5 episodes

Acquired Capital Allocators

5 statements about Private Funds, every show

Future Fund Spent Six Years Building Look-Through Private Market Data System
“We've spent more than a half a dozen years now building a system that can look into the portfolio, look through the private funds to understand the underlying assets that we can ascribe our own information onto any assets that we own in terms of what currency …”
Raphael Arndt Jan 29, 2024 ▶ 49:01 Raphael Arndt – The Death of Traditional Portfolio Construction? (EP.365)
ACQUIRED Assertion Not checkable as stated
Endowments across America are slashing effective private fund fees by 50%
“The endowments have started to say to the, all these people that charged three and 30 or whatever they charge, they said, we'll pay your three and 30, but we're going to put in twice as much money, and then the next half you'll get nothing on it, or you're jus…”
Charlie Munger Oct 30, 2023 ▶ 25:25 Charlie Munger (Audio) · Acquired
Kresge Foundation sets minimum 1% portfolio sizing for manager commitments
“And we always kind of start with one percent. It's got to be a one percent position. For private funds, sometimes that's one percent over a couple funds, but for public funds where you can get out quickly if things aren't going well, You kind of got to start a…”
Donna Snider Jan 28, 2019 ▶ 26:04 Donna Snider – Inside the Investment Process at the Kresge Foundation (Capital Allocators, EP.84)
Top-performing private fund managers rotate entirely over twenty-year periods
“If you look at sort of the top performing private funds, they may not be the same as they are in 20 years from now. Well, they won't be the same, you know, in 20 years previous. And so, there's always this I don't subscribe to a fixed pool. I do think that the…”
Margaret Chen Jan 1, 2018 ▶ 34:23 Margaret Chen – Leadership and Outsourcing the Investment Office (Capital Allocators, EP.35)
Notre Dame sizes private fund commitments based on absolute downside risk tolerance
“I look at almost any private fund, how much can we afford to lose? I know that's probably Too conservative, to be honest, because we do such a great job of getting the right people, but I do think of that. So we probably could be a little more aggressive there…”
Scott Malpass Sep 18, 2017 ▶ 1:05:27 Scott Malpass – The Fighting Irish's Twelfth Man (Capital Allocators, EP.25)

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