The Ledger, every show

Every statement that passed quotation and attribution checks, across all 44 shows. Pick shows below, then mix any filter with any other.

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CAPITAL ALLOCATORS Assertion Supported
Ou: Top-quartile sub-$1B buyout funds outperform top-quartile mega-funds
“The medium return of funds, let's say it's sub one billion is quite similar to the medium returns of funds, five billion above observable from the industry data, but the top 10, 20% performers in the sub one billion category generates meaningfully higher retur…”
Bruce Ou Oct 30, 2023 ▶ 13:59 Bruce Ou – Private Market Investing at GroveStreet (EP.347)
CAPITAL ALLOCATORS Assertion Not checkable as stated
Ou: 2023 industry exit values are tracking 56% in buyouts and 17% in VC
“Private equity is tracking about 56% for buyouts compared to our 90% and ventures tracking, I think, 17 ish percent from memory to the 37% we have.”
Bruce Ou Oct 30, 2023 ▶ 47:53 Bruce Ou – Private Market Investing at GroveStreet (EP.347)
CAPITAL ALLOCATORS Prediction Not checkable as stated
Ou: Selective secondary opportunities should become easier to find but haven't yet
“In this market, I think we would expect that those opportunities could be a little bit easier to find, but they're not quite showing up yet.”
Bruce Ou Oct 30, 2023 ▶ 51:09 Bruce Ou – Private Market Investing at GroveStreet (EP.347)
CAPITAL ALLOCATORS Assertion Supported
Ou: GroveStreet Has Managed $10B Across 43 SMAs and 14 Clients
“14 is the number of clients that we have had since inception. 14 great, elite clients. For them, we have built 43 separately managed accounts. So you can do the math, lots of repeat customers. And in total, the clients have committed about ten billion dollars …”
Bruce Ou Oct 30, 2023 ▶ 11:28 Bruce Ou – Private Market Investing at GroveStreet (EP.347)
CAPITAL ALLOCATORS Assertion Supported
Ou: Klaviyo consumed less than $20M in venture capital over its lifespan
“Clavio has consumed in total less than twenty million of venture capital in its life.”
Bruce Ou Oct 30, 2023 ▶ 49:47 Bruce Ou – Private Market Investing at GroveStreet (EP.347)
CAPITAL ALLOCATORS Assertion Contradicted
Ou: GGV's first fund was a Series A investor in Alibaba
“The drivers for first GGV fund, for example, they were a series A investor in Alibaba.”
Bruce Ou Oct 30, 2023 ▶ 36:37 Bruce Ou – Private Market Investing at GroveStreet (EP.347)
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