Charles Anselm is the CEO and co-founder of Osyte, an institutional portfolio management platform. He discusses how the US risk-taking culture enables startup creation.
Opinion
Anselm: Managing capital calls across hundreds of family offices is a nightmare
“That's a very significant liquidity management problem. It's hard enough to do it across one portfolio, but if you're a multifamily office or an outsource CIO working with hundreds of family offices, that becomes a huge nightmare, liquidity management. So that…”
Insight
Anselm: Over-diversifying across GPs creates passive index returns with active fees
“As you make more and more investments, your portfolio starts looking like a general index fund, right? Again, it kind of goes back to, you know, you need to know exactly what those Holding companies are in a private market, you know, in particular, also in the…”
Assertion Not checkable as stated
Anselm: Existing reporting platforms force LPs into manual Excel modeling
“There are a lot of reporting platforms out there that actually do this very similar data aggregation, but they are very focused on purely like saying, okay, yeah, here's what your position is today. Okay, now go and do whatever you want, you know. Then what do…”
Assertion Supported
Anselm: Harvard and Yale face liquidity challenges, offloading private investments
“There's a lot of, in the news, right, you know and almost like Harvard and Yale having these significant liquidity challenges, you know, because of, Whatever political environment that we may be in, and so, which means that they are trying to offload a lot of …”
Insight
Anselm: Typical Silicon Valley MVPs do not sell in asset management tech
“The typical MVP of the Silicon Valley startup, right? Doesn't sell in our industry.”
Opinion
Anselm: Wealth advisory industry lacks infrastructure for multi-asset allocations
“I definitely don't think that the industry is, is ready especially the advisory industry is ready or has the infrastructure to actually help their clients allocate to these various markets, right”