private equity managers

“I think it's extremely difficult, if not impossible, for a committee to pick private equity managers in quarterly meetings. I don't think, for example, that works very well.”

“What we see is managers who, when they're underwriting a company and going in at 12 times, they're not underwriting to exit at 15. Actually, they're underwriting to exit at 10, because the market does go through cycles, and all that does is to get to your unde…”

“If you are a newer investor in the asset class, if you are sitting on an allocation of five, six, seven percent, and you're trying to get to 10, I think it's actually a pretty interesting time to create investable opportunities and to create exposures that, an…”

“We have actually a best demonstrated practices book. It's about 70 pages on post acquisition operating value added that we share with private equity managers.”

“So in 20, 22, only one of our PE managers actually measured and reported emissions, whereas in 20, 23, there's going to be seven.”

“If we have a way of measuring that kind of risk systematically through their portfolios, then the end number itself is not the only thing we need to look at. We need to look at the journey. Because there's going to be lots of examples of that where they aren't…”

“Manager consolidation and M&A is a theme that has been emerging and dominant for the last couple of years. But it is an emergent trend from several themes that are happening under the surface within this asset class around fundraising, product proliferation, i…”

“We have offered Over 200. There's about 85 to 90 active relationships that we have in the broad private bank offering.”