Anselm: Seven-person team managed $5B across 21 endowments using spreadsheets
Charles Anselm · Solving Liquidity Challenges & Enhancing Transparency in Private Markets · Aug 15, 2025 · at 16:47
Osyte CEO Charles Anselm describes the operational friction at his previous outsourced CIO firm that inspired him to build Osyte's portfolio management software.
0:00 / 0:32exact quote · 32.3s
720p mp4 · rendered on demand · StarZero watermark
“Prior to founding Oside, I was a head of portfolio management at a, another outsourced CIO firm, and we were a team of seven people. We were managing five billion dollars in assets for 21 different endowments and foundations, and we would have 21 different spreadsheets. We called them trading sheets, which didn't make the trading platform anyway, but we would spend 75% of our time, simply trying to figure out which manager did we give money to, and what to ask allocation for any given client. Before we can make any real investment decision.”
quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →
More from Charles Anselm
Anselm: Osyte could not have been built in Europe, India, or China
“If I were sitting in, say, in, in, in Europe, somewhere in France or in India or China, I don't think I'll be able to do this at all, right? So regardless of how entrepreneurial I am.”
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…”
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…”
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…”
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 …”