MacDonald: Fund managers rationalizing fund size increases signal allocators should exit
Lane MacDonald · Lane MacDonald – Teamwork, Alignment, and Investing at the Highest Levels at SCS (EP.483) · Jan 26, 2026 · at 44:34
Lane MacDonald, CIO of SCS Financial, discusses the warning signs and risks of fund managers scaling assets under management beyond their core strategy.
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“With GPs who rationalize raising more money without being intellectually honest about it, Is a first indication that you should be thinking about heading for the exit.”
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