A $140 Trillion Riddle, Wrapped in a Mystery, Inside of an Enigma
[This episode originally aired on December 7, 2023] Today on the show, I have a lively conversation with Ashby Monk, the executive director of the Stanford Research Initiative on Long Term Investing. Ashby studies the inner workings of pension funds, sovereign wealth funds, endowments and foundations — in short all of those LPs that sit somewhere in between the public and private sectors.“That means that they are optimizing for things that are not entirely evident to just the casual observer,” Ashby says.In this episode of Dry Powder, I ask Ashby to take us inside the $140 trillion universe of long-term investing and help us understand what exactly these organizations are optimizing for.If you'd like to stay up to date with my weekly series on LinkedIn, follow me here.
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18:50
Navigating the Evolution of Private Equity: An Interview with Hugh MacArthur
This past December, I joined the M&A Science Podcast for a wide ranging interview about my 30 year career at Bain and the evolution of the private equity industry. My host did a superb job of walking us through the pivotal moments when the industry was forced to reinvent itself. In this current moment of uncertainty, the interview serves as a timely reminder of how quickly the industry can change — and is often forced to. What you're about to hear are a few excerpts from that interview, lightly edited for brevity and clarity.I'd like to thank my host, Kison Patel, for the opportunity to share this timely conversation with our audience, and if you'd like to listen to the full interview, you can visit the M&A Science Podcast here.
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25:11
The Rise and Rise of the Secondary Market w/ Lexington Partners’ Wilson Warren
A 30-year veteran shares why the secondary market’s growth continues to surprise him.
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26:07
NAV Loans Under the Microscope w/ 17Capital’s Pierre-Antoine de Selancy
We ask a leading provider of NAV loans about the enthusiasm and the skepticism around a growing trend.
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21:08
Full Speed Ahead w/ Hamilton Lane’s Erik Hirsch
In the second of our two-part series, we ask the Co-CEO of Hamilton Lane how they’re building an analytics engine that can serve both institutional and individual investors.
Hugh MacArthur, Chairman of Bain & Company's Global Private Equity practice, interviews leading experts on the trends and opportunities that will redefine the private equity industry.
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