private side

4 statements across 3 episodes · 0 bullish · 1 bearish · 3 people on the record · first statement Apr 27, 2017 by Tom Lenehan · across every show →

Everything said about private side, oldest first

Apr 27, 2017 neutral
Disclosure
Rockefeller limits sector-specialist private equity managers to 1-2% of the portfolio
“We think it's okay to have groups like that, but we don't want them to have too much because if they're a sector that is out of favor, could be out of favor for a decade, and we kind of want folks that can make money at any time period, but there's a role in t…”
Tom Lenehan Apr 27, 2017 ▶ 44:11 Tom Lenehan – Perpetual Thinking at Rockefeller University (Capital Allocators, EP.04)
May 2, 2022 neutral
Assertion Supported
Dowling: US has 30x more private $10M+ revenue companies than public ones
“There are 30 plus more companies on the private side with revenues over ten million dollars than the U.S. Public market.”
Greg Dowling May 2, 2022 ▶ 38:01 Greg Dowling – Mid-Market Institutional Consulting at FEG (Capital Allocators, EP.248)
Aug 14, 2023
Disclosure
Sargent: Packard conducts 10 manager meetings and up to 30 reference calls
“I'm thinking of some managers we've added to the portfolio recently on the private side where we would have 10 pretty in-depth meetings with the manager, with their team, doing case studies. We have done 25, 30 references on investments recently in the past.”
Kimberly Sargent Aug 14, 2023 ▶ 33:43 Kimberly Sargent – Passion and Mission at the Packard Foundation (EP.333)
Aug 14, 2023 bearish
Insight
Sargent: Farm team manager seeding programs do not work in private markets
“I don't think farm team works on the private side only because if you're really undersized in fund one and fund two, a manager becomes proven there isn't going to be capacity for you in fund three.”
Kimberly Sargent Aug 14, 2023 ▶ 46:15 Kimberly Sargent – Passion and Mission at the Packard Foundation (EP.333)
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