PitchBook

3 statements across 2 episodes · 0 bullish · 1 bearish · 2 people on the record · first statement Aug 13, 2021 by Wylie Fernyhough · said 52 times in 12 episodes since 2019 · across every show →

Mentions by year

brought up most by Ted Seides (48), Beezer Clarkson (2), Wylie Fernyhough (1), Anne Martin (1)

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003561020192020202120222023episodesmentions per episode
2023 1 mention in 1 episode
2021 49 mentions in 9 episodes 5 per episode
2020 1 mention in 1 episode
2019 1 mention in 1 episode

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Everything said about PitchBook, oldest first

Aug 13, 2021 neutral
Assertion Supported
Fund performance quartiles remain exactly the same after GP stake sales
“Performance of the fund, and when we looked at this, we looked at private equity, credit, and real estate, and effectively, the proportion of top quartile, second quartile, et cetera, funds is the exact same before and after. I mean, there's a marginal shift. …”
Wylie Fernyhough Aug 13, 2021 ▶ 28:19 Wylie Fernyhough – Private Equity Stakes (Capital Allocators, EP.208)
Aug 13, 2021 neutral
Assertion Supported
Fund sizes and AUM do not accelerate after selling a GP stake
“On the AUM side, I was actually surprised to see that step ups and AUM growth didn't expand at the same rate that I thought it would. So step ups actually were the same, if not slightly lower after selling a stake.”
Wylie Fernyhough Aug 13, 2021 ▶ 28:47 Wylie Fernyhough – Private Equity Stakes (Capital Allocators, EP.208)
Feb 27, 2023 bearish
Assertion Supported
Clarkson: Venture valuations across stages have retrenched to 2019-2020 levels
“We're seeing a retrenchment in almost every single level, back to 19 or 20 pricing, which doesn't mean to say it's falling off a cliff.”
Beezer Clarkson Feb 27, 2023 ▶ 33:49 Venture Capital Panel – Beezer Clarkson, Chris Douvos, and Joelle Kayden (Capital Allocators, EP.299)
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