Washington University in St. Louis
12 statements across 1 episodes · 5 bullish · 2 bearish · 1 people on the record · first statement Oct 5, 2020 by Scott Wilson · said 12 times in 5 episodes since 2020 · across every show →
Mentions by year
brought up most by Ted Seides (5), David Eichhorn (4), Scott Wilson (2), Reuben Munger (1)
tap a year for its mentions
2024 4 mentions in 1 episode
2021 1 mention in 1 episode
2020 7 mentions in 3 episodes 2 per episode
- Scott Wilson – Concentrated Investing at Washington University-St. Louis (Capital Allocators, EP. 159)
- Ted Seides - Capital Allocators Year in Review (Capital Allocators, EP.170)
- Sustainable Investing 9: Reuben Munger – Private Capital Perspective (Capital Allocators, EP.147)
- every mention in 2020, scene by scene →
Everything said about Washington University in St. Louis, oldest first
Oct 5, 2020 positive
Oct 5, 2020 positive
WashU's biggest wins included Brazilian utilities, Swedish medical, and Indian biosimilars
“So if you look at the largest contributors to the portfolio over the last three years, you'd see like a Brazilian utility company, a Swedish supplier of medical products and Indian biosimilars companies, a U S based aerospace and telecom company.”
Oct 5, 2020 positive
Oct 5, 2020 bearish
WashU avoids micro VC funds due to difficulty underwriting differentiated thinkers
“We haven't had really much success in kind of the micro VC world. Like there's so many of these small micro VC funds. And again, these are a lot of smart, talented people who come from good places, but it's just really tough for us to underwrite and find uniqu…”
Oct 5, 2020 neutral
Oct 5, 2020
WashU requires a $100M minimum position size to reflect genuine conviction
“As a general, if I tell the team, look, if we're not willing to put one percent of the portfolio in it, then like that's not a lot of conviction. And for one percent for us is currently just over a hundred million us dollars.”
Oct 5, 2020 bullish
WashU drove strong returns buying Russian tech at 5x earnings multiples
“Russia, we've made quite a bit of money in some of the more tech based companies that would trade it. 20 times revenue in the U S that are trading at five times earnings in Russia, growing in return on equity of 60% plus growing at 30, 40% right through COVID …”
Oct 5, 2020
WashU's endowment allocation is 45% private markets and one-third public equities
“If you think we're roughly a third public equities, which bounces around, we're probably a little bit overweighted in privates. That's probably 45% of the portfolio today, just because privates, particularly venture and growth equities had such a big run. And …”
Oct 5, 2020
WashU rarely makes direct cap table investments without fund partner consent
“So we're rarely trading kind of on our own. Balance sheet. And we would never do that without expressed written consent from the partners. There are times we have gone directly on the cap table, but only because that's how we were asked to invest. But for the …”
Oct 5, 2020 negative
WashU usually fires managers over AUM creep or thematic strategy shifts
“I'd say our partners with managers is typically, if you look at what's ended more relationships, it's, we disagree with them on size of the opportunity set or what the right size of AUM is, or their ability to find idiosyncratic ideas. Or places where the mana…”
Oct 5, 2020 bullish
Oct 5, 2020