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.
shows 
every show 44 of 44
Ripley: Some independent sponsors abandon troubled assets when carry is out of money
“In a few cases, it was a family office and they'd done a deal with an independent sponsor and the sponsor viewed the carry as sort of a levered option. Once it became clear that the levered option was not going to be in the money, they said, here are the keys.…”
Ripley: VC vintages since 2018 have generated more pedestrian returns
“Since 2018, venture vintages have been more pedestrian in nature. Returns have not been what they were in the preceding years.”
Ripley: Most Original OCIO Firms Pivoted Models or Sold Out
“If you look at the original class of OCIOs that was created, most have either pivoted their model to something else, sold themselves, or both.”
Ripley: 15% of VC funds generate roughly 80% of industry returns
“It's a power law business. Eighty-ish percent of the gains come from 15% of the funds.”