Daniel Adamson
Co-Founder and Co-CEO, Collective Global. On 1 show, 1 appearance. The Shows tab opens the full record on each.
investorexecutivefounderauthorhostcollectiveglobal.com ↗
Daniel Adamson co-founded Collective Global, an investment firm taking GP stakes in venture capital managers. He previously served as Senior Managing Director at Wafra and founding President of Capital Constellation, and co-authored The Blue Way: How to Profit by Investing in a Better World.
1shows
1appearances
15statements
2resolved
0supported
0contradicted
0%fully supported
6said about them ↓ Everything Daniel Adamson said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Adamson: Greatest financial market innovations stem from structural, not technological, changes
“And I think a lot of the greatest innovations in Financial markets have come not through technology changes, but through structural changes.”
Adamson: Asset management firms hold $15 trillion in total enterprise value
“There's 15 trillion dollars of enterprise value held in asset management firms. Compare that to the hundred trillion of AUM held institutionally, and you realize this is a massive migration of value from institutions to the managers that serve them.”
Adamson: Rigid distinctions between LPs and GPs are structurally false
“I am contrarian and thinking about structure. I don't accept the false distinctions like LP and GP, for example, as somehow set in stone.”
Adamson: Great professional relationships start without rigid, predefined roles
“I think folks thought this is somebody we'd like to work with and let's see what happens, which incidentally I think is the way a lot of great professional relationships begin rather than filling a particular box.”
Adamson: Finance lacks the collaborative virtual platforms seen in the tech industry
“What we've seen in other industries and Airbnb is a great example of this, but there are many, many others is entrepreneurs working together through a kind of virtual company. Through tech, through governance enables animal spirits to flourish and creates a ki…”
Adamson: Constellation launched with 100% asset owner equity and milestone-based vesting
“We started with asset owners on a hundred percent and management can vest in if certain milestones are reached over a very long period of time to something that will be meaningful to them and keep them part of the fold.”
Adamson: Constellation caps asset owner membership at 12 to avoid scale diseconomies
“I think the ultimate goal would be to have, let's say, 10 to 12 asset owners be part of this. Beyond that, I think we start to get diseconomies of scale, and it's harder to share information.”
Adamson: GPs with $3B AUM still seek catalytic sovereign wealth backing
“First, we've noticed that slightly more mature GPs that might have two or three billion in AUM are still interested in this value proposition because if they can get a catalytic investment from their ideal client base, which is large pensions and sovereigns gl…”
Adamson: PE seeding is a niche strategy that cannot deploy billions annually
“Seeding, let's be honest, is a fairly niche business. We will never be deploying tens of billions of dollars in this way, at least not in a year.”
Adamson: Asset owners struggle with rapid two-week PE co-investment timelines
“It's famous that asset owners have eyes that are bigger than their stomachs when it comes to co-invest. They just can't move at the pace that these deals move and get things done in two weeks.”
Adamson: MIT study shows early private equity fund vintages tend to outperform
“We did a study with MIT last year that argues that those vintages tend to outperform.”
Adamson: Constellation's five institutional partners manage $1 trillion in combined AUM
“We have a trillion dollars of AUM amongst our partner institutions, and that's just today with the five that we have.”
Adamson: Constellation is equally owned by Alaska, Railpen, and Kuwait's PIFIS
“Constellation should be owned in equal parts by Alaska, Railpen, and PIFIS in Kuwait. And it's as simple as that. It's owned 33% by each group. We then structured it in such a way that other investors, such as the Swedish and the Kuwait Investment Authority, w…”
Adamson: Constellation's institutional backers project positive cash flows through 2060
“Asset owner base has a generational timeframe. Most of them are cashflow positive through 20, 60, 20, 70.”
Adamson: Investors overfocus on deal-picking to avoid uncomfortable reliance on partners
“People tend to think, well, I want to pick the best stock, or I want to pick the best deal as against thinking, who should I partner with? Because the latter question implies that you're trusting and relying on somebody else in a way that People are often not …”
The other half of the tape: Daniel Adamson's own voice is left out of every number here. Other people bring the name up 6 times in 3 episodes across the shows. every mention, with the transcript →
Who brings them up most Ted Seides 6
Every mention by year
tap a year for its mentions
Capital Allocators 6
2021 6 mentions in 3 episodes 2 per episode
- Innovation in Private Markets 3: Sulaiman Alderbas – A Massive Restart at PIFSS (Capital Allocators, EP.194)
- Innovation in Private Markets 2: Mark Johnson – New Leaders in Private Equity at Astra (Capital Allocators, EP.193)
- Innovation in Private Markets 1: Steve Moseley – The Space in Between GPs and LPs at Alaska Permanent Fund (Capital Allocators, EP.192)
- every mention in 2021, scene by scene →
One line per show, most statements first. The link opens Daniel's full record on that show: the calibration, argument clarity, speaking style and every statement made there.
| Show | Role there | Eps | Statements | Record | |
|---|---|---|---|---|---|
| CAPITAL ALLOCATORSLEDGER | Co-Founder and Co-CEO, Collective Global | 1 | 15 | 0% 0/2 | full record on Capital Allocators → |