SCS Financial

“If a co-invest comes to us, and the GP's putting in a small check and looking for us to put in a bigger check than them, that's not happening.”

“What you want is a capacity constrained environment for investing. I want it with my GPs. I want it for us, where you're having to make hard decisions about what GPs you're backing in the equity long short space, private space, co-investment space. The only wa…”

“20% of each of our platforms that we raise every two years are emerging managers.”

“So many times, though, people change and evolve the process, whether it's public or private, and when that happens, you're re-underwriting a whole new strategy or a whole new manager.”

“Our average client is a hundred million dollars.”

“I still believe there's alpha out there, but we're a 70% tax managed passive, and if you can generate a hundred to 200 basis points of tax alpha, and there are now extension strategies that build upon that, if you're thoughtful about it and don't put too much …”

“Where those things align, you can de-risk it, and you can own a piece of the GP going forward. That is where you can find more structural alpha.”