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
Recker: Venture will thrive long term despite possible 5-to-10-year slumps
“I believe over a 20, 30 year period, ventures continue to be a great asset class. I believe in innovation. I just believe you can have five to 10 year windows where it doesn't perform.”
Recker: GE Capital's $5B insurance portfolio used fewer than 15 managers
“So it was a five billion dollar insurance portfolio, property and casualty portfolio, and it was just the CIO and myself running five billion dollars. And for context, we only had 15 managers. I think, I can't remember the exact number, but less than 15 manage…”
Recker: Michigan Retirement System Backed Accel, Blackstone, and Berkshire in Fund I
“But they were first fund investors with Excel Ventures, with Blackstone, with Berkshire Partners, just a long list of firms that were excellent firms. They were there in fund one.”
Recker: Only four US state pension plans use sole fiduciary model
“At Michigan, it's a sole fiduciary state, which is very interesting. There's only four in the United States. For the state plans. And so that means the state treasurer is basically the fiduciary and makes all the decisions.”
UC Regents Co-Investments Generated Roughly 35% Net Returns Under Tim Recker
“We generated almost, call it, 35% net returns plus minus, depending on whether you're using IR or time-weighted returns.”
Recker: Late-1990s GE Study Identified Alternatives as Best CIO Background
“GE did a study about future CIOs, and they concluded that alternatives was the proper background for future CIOs.”
Recker: Michigan Retirement System Was 5th Largest Alternatives Investor in 1990s
“The Michigan Retirement System, which at the time was the fifth largest alternatives provider globally, which today it's, there's so much more dollars in alternatives, but at the time was truly a really Dominant player in that space.”