Private Side
topic on 1 show · 4 statements across 3 episodes
4 statements about Private Side, every show
Sargent: Farm team manager seeding programs do not work in private markets
“I don't think farm team works on the private side only because if you're really undersized in fund one and fund two, a manager becomes proven there isn't going to be capacity for you in fund three.”
Sargent: Packard conducts 10 manager meetings and up to 30 reference calls
“I'm thinking of some managers we've added to the portfolio recently on the private side where we would have 10 pretty in-depth meetings with the manager, with their team, doing case studies. We have done 25, 30 references on investments recently in the past.”
Dowling: US has 30x more private $10M+ revenue companies than public ones
“There are 30 plus more companies on the private side with revenues over ten million dollars than the U.S. Public market.”
Rockefeller limits sector-specialist private equity managers to 1-2% of the portfolio
“We think it's okay to have groups like that, but we don't want them to have too much because if they're a sector that is out of favor, could be out of favor for a decade, and we kind of want folks that can make money at any time period, but there's a role in t…”