Our Thought Leadership
Skin in the Game
A while back in my career I was a capital allocator for a large manager of managers. I was fortunate to have a real-time laboratory through which to study industry practices around a whole host of issues, one of which was ownership vs compensation…
Forming Partnerships in a Pandemic
Six months into the global pandemic, with little business travel happening, it’s understandable that people in our industry are finding new ways to get business done…
Batten Down The Hatches
Managing Through Uncertainty and Disconnect…
Good Prep is Good Practice
June 12, 2020
The investment industry is in a precarious position of late, as markets have risen and appear to have run right through a wall of economic worry this quarter (yesterday notwithstanding). Secular change and pressure have been building steadily among…
Cost Management / P&L Dislocation
Implications of the COVID-19 Crisis
March 27, 2020
An issue that affects everyone in the investment management ecosystem—whether managers, intermediaries, or allocators, etc.—is the effect of revenue declines on cost structures. A number of articles have touched on the viability…
What Happened to the Commercial-Grade Investment Management Startup?
Where are the modern day Oaktrees, Silvercrests, Silchesters, Champlains, Magellans, Mawers, GMOs, etc.? As advisors and/or funders to a number of commercial-grade investment management startups—including several of the names…