The Ledger

Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.

clear all ✕

why aren't all 3 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 0 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable

Assertion Supported
Fund performance quartiles remain exactly the same after GP stake sales
“Performance of the fund, and when we looked at this, we looked at private equity, credit, and real estate, and effectively, the proportion of top quartile, second quartile, et cetera, funds is the exact same before and after. I mean, there's a marginal shift. …”
Wylie Fernyhough Aug 13, 2021 ▶ 28:19 Wylie Fernyhough – Private Equity Stakes (Capital Allocators, EP.208)
Assertion Supported
Fund sizes and AUM do not accelerate after selling a GP stake
“On the AUM side, I was actually surprised to see that step ups and AUM growth didn't expand at the same rate that I thought it would. So step ups actually were the same, if not slightly lower after selling a stake.”
Wylie Fernyhough Aug 13, 2021 ▶ 28:47 Wylie Fernyhough – Private Equity Stakes (Capital Allocators, EP.208)
Assertion Supported
Clarkson: Venture valuations across stages have retrenched to 2019-2020 levels
“We're seeing a retrenchment in almost every single level, back to 19 or 20 pricing, which doesn't mean to say it's falling off a cliff.”
Beezer Clarkson Feb 27, 2023 ▶ 33:49 Venture Capital Panel – Beezer Clarkson, Chris Douvos, and Joelle Kayden (Capital Allocators, EP.299)
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