How I Invest with David Weisburd
How I Invest with David Weisburd is a podcast that interviews the world's leading institutional investors. Previous guests include The Ford Foundation, Northwestern University Endowment, CalPERS, Stepstone, and other top limited partners.
Episodes
E398: Hamilton Lane ($1T AUA) on Venture Capital, AI, and Private Markets
What separates the venture investors who consistently outperform from those who simply get lucky?
In this episode, I sit down with Miguel Luina, Co-Head of Global Venture Capital at Hamilton Lane, to discuss how one of the world's largest private markets investors evaluates venture managers, constructs portfolios, and thinks about the future of innovation investing. Miguel explains why venture an
E397: Why Venture Capital Is a Relationship Compounding Machine
What if the greatest edge in venture capital isn't having the biggest fund—but building the strongest relationships?
In this episode, I sit down with Elizabeth Weil, Founder and Managing Partner of Scribble Ventures, to discuss how emerging venture firms can outperform by staying focused, collaborative, and relentlessly founder-centric. Elizabeth shares how she built Scribble into a $280 million
E396: The Future of Compute, Data Centers, and AI
What if AI's most valuable commodity isn't software—but the computing power that makes intelligence possible?
In this episode, I sit down with Kush Bavaria, Co-Founder and CEO of Ornn, to discuss why AI compute is becoming the next global commodity and how financial markets are evolving to support it. Kush explains why GPU capacity should trade like oil or electricity, how derivatives and futures
E395: Russ d'Sa on AI, Agents, and the Future of Work
What happens when computers stop being tools and start behaving like collaborators?
In this episode, I sit down with Russ d’Sa, Founder and CEO of LiveKit, to discuss why voice AI may become one of the most important computing platforms of the next decade. Russ explains how LiveKit powers AI experiences for companies including Tesla and xAI, why voice is emerging as the natural interface for AI a
E394: How Great LPs Pick Venture Funds | Jamie Rhode
What if the biggest mistake LPs make in venture is backing the same managers over and over instead of constantly asking who they would invest in if they were starting from scratch today?
In this episode, I sit down with Jamie Rhode, Partner at Screendoor, to discuss what separates the best emerging managers from the rest of the market. Jamie explains why so many venture funds look identical today,
E393: What 8,000 LPs and GPs Taught Him About Investing | Ron Biscardi
What if the biggest edge in investing isn’t information, strategy, or even intelligence—but relationships?
In this episode, I sit down with Ron Biscardi, Co-Founder and CEO of iConnections, to discuss what separates the world’s best allocators and investment managers from everyone else. Ron shares lessons from building the largest capital introduction ecosystem in alternatives, with more than 26,
E392: Jason Pritzker on Family Offices, Venture Capital, and Long-Term Investing
What if the secret to building generational wealth isn’t finding the perfect investment—but finding the right people and holding great businesses for decades?
In this episode, I sit down with Jason Pritzker, Managing Director and Vice Chairman of The Pritzker Organization and founder of 53 Stations, to discuss the investing principles that helped shape one of America’s most successful business fa
E391: $17 Billion CIO on Taxes, Private Markets, and Building Wealth
What if the biggest driver of long-term investment success isn't finding better investments, but helping investors avoid their own worst decisions?
In this episode, I sit down with Ron Albahary, Chief Investment Officer at LNW, to discuss the unique challenges of managing wealth for taxable investors and why portfolio construction is as much about psychology as it is about finance.
E390: Ron Rofé on AI, Founder Obsession, and Venture Returns
What if the best venture investors aren’t chasing the hottest sectors—but the founders who would still be working on the problem long after the hype disappears?
In this episode, I sit down with Ron Rofé, Co-Founder and General Partner of Rainfall Ventures, to discuss why founder quality matters more than industry trends, how non-consensus investing creates outsized opportunities, and what he has
E389: The Future of Investing: Data Centers, AI & the Next Trillion-Dollar Companies
What happens when one investor sits at the intersection of venture capital, natural resources, AI, space infrastructure, and geopolitics?
In this episode, I sit down with Rob Stephens, Director of Investments at Spider Management, to discuss how institutional investors are adapting to a world where private markets are capturing more value, AI is reshaping capital allocation, and the boundaries be
E388: The Future of Investing: AI, Expert Networks, and Information Alpha
What if the biggest edge in investing today isn't having more information—but knowing how to turn information into conviction?
In this episode, I sit down with Matt Wells to discuss how AI is reshaping the investment process, why investors are drowning in data but starving for conviction, and where information alpha still exists in increasingly efficient markets. Matt explains the evolution of ex
E387: Where Alpha Hides in Private Equity | Josh Adams
What if the best private equity opportunities are hiding inside businesses that everyone else thinks are too complicated to touch?
In this episode, I sit down with Josh Adams, Partner at OpenGate Capital, to discuss why complexity has become one of the firm's greatest competitive advantages. Josh explains how OpenGate built a specialization around corporate carve-outs, why Europe offers more inef
E386: Adams Street ($70B): Venture Capital Has a New Problem
What separates the venture investors who generate extraordinary returns from those who simply participate in the asset class?
In this episode, I sit down with Jeff Diehl, Managing Partner and Head of Investments at Adams Street Partners, one of the world's largest private markets investors with more than $70 billion in assets under management. Jeff shares lessons from over four decades of venture
E385: Why Public Markets Need SpaceX, OpenAI & Anthropic
What if the biggest opportunity in private markets isn’t finding the next startup—but owning the next public company years before it ever rings the bell?
In this episode, I sit down with Matt Witheiler, Head of Late-Stage Growth at Wellington Management, to discuss how the line between public and private markets continues to blur. Matt explains why companies are staying private longer, why public
E384: CEO of Commonfund on Venture Capital, Power Laws & the Future of IPOs
What if the biggest edge in venture capital isn’t manager selection—but earning access to the managers everyone already knows are the best?
In this episode, I sit down with Mark Anson, CEO, President, and CIO of Commonfund, to discuss what he has learned managing capital across some of the world’s most influential institutions, including CalPERS, the Bass Family Office, and Commonfund. Mark expla
E383:Why the Next Fortune 500 Companies Will Be Built on AI
What if the biggest investment opportunity of the next decade isn’t AI itself—but the companies building the infrastructure and workflows that allow AI agents to actually do work?
In this episode, I sit down with David Blumberg, Founder and Managing Partner of Blumberg Capital, to discuss why he believes agentic AI is still in the first inning of a multi-decade transformation. David explains how
E382: Why Venture Capital Has a $3 Trillion Liquidity Problem
What if the biggest opportunity in venture today isn’t finding the next unicorn—but solving the liquidity problem created by companies staying private twice as long as they used to?
In this episode, I sit down with Ravi Viswanathan, Founder and Managing Partner of NewView Capital, to discuss how the venture ecosystem is evolving beyond the traditional fund model. Ravi explains why he left NEA to
E381: A16Z Partner: The Tax Strategy Hidden Inside Real Estate
What if the biggest inefficiency in investing today isn’t asset selection—but the fact that most investors still optimize for pre-tax returns instead of after-tax outcomes?
In this episode, I sit down with Jeff Bramel, Partner at a16z Perennial, to discuss why real assets remain one of the most misunderstood areas of institutional investing. Jeff explains how structural diversification works beyo
E380: How Billionaire Family Offices Actually Invest
What if the greatest threat to generational wealth isn’t bad investing—but the inability to think beyond the next liquidity event?
In this episode, I sit down with Eric Becker, Founder and Chairman of Cresset, to discuss why he built a modern multi-family office after decades as an entrepreneur and investor. Eric explains the structural conflicts inside traditional wealth management, why most ult
E379: Why Great Investment Firms Eventually Stop Performing
What if the biggest problem in asset management today isn’t investment performance—but misalignment between managers and the investors they serve?
In this episode, I sit down with Luke Sarsfield, Chairman and CEO of Ridgepost Capital, to discuss how incentive structures shape long-term outcomes in private markets. Luke explains why Ridgepost leaves most carried interest with underlying managers,
E378: Why LPs Keep Selling Their Highest-Quality Funds
What if the biggest opportunity in private equity today isn’t buying companies—but buying liquidity from investors who are forced to sell great assets for reasons unrelated to performance?
In this episode, I sit down with Ryan Levitt, Co-Head of LP Secondaries at ICG, to discuss why secondaries have evolved into one of the most attractive areas in private markets. Ryan explains how LP secondaries
E377: Midas List VC: Why Most VCs Miss the Biggest Companies
What if the biggest venture returns are already gone by the time a category has a name?
In this episode, I sit down with Niko Bonatsos, Founder and Managing Partner of Verdict, to discuss why the best venture opportunities emerge before consensus exists. Niko explains why “50% of the profits are made before a vertical even has a name,” how he identifies “freak” founders with extreme rates of lear
E376: The $3 Trillion Liquidity Problem in Venture Capital
What if the biggest opportunity in venture today isn’t funding new companies—but solving the liquidity crisis created by companies staying private for 20 years?
In this episode, I sit down with Jared Carmel, Founder and Managing Partner of Manhattan Venture Partners, to discuss how venture secondaries evolved from a gray market into critical infrastructure for private capital markets. Jared expla
E375: Why Tax Alpha Could Matter More Than Investment Returns
What if the biggest source of alpha for taxable investors isn’t stock picking—but minimizing friction inside the portfolio itself?
In this episode, I sit down with Brent Sullivan, independent tax analyst and author of one of the leading research platforms on tax-aware investing, to discuss why tax alpha has become one of the fastest-growing themes in wealth management. Brent explains how long-sho
E374: Why the Best Investors Prepare for Crashes Before They Happen
What if the key to outperforming isn’t taking more risk—but building a portfolio strong enough to survive volatility without breaking?
In this episode, I sit down with Doug Hanly, CIO of the Louisiana State Police Retirement System, to discuss why liquidity, simplicity, and process are the foundations of durable investing. Doug explains why he views short-term government credit as the “supply dep
E373: What Most CIOs Get Wrong About Alpha
What if the best investment opportunities are the ones most investors avoid because they’re too hard, too small, or too inefficient to pursue?
In this episode, I sit down with Raphael, Deputy CIO and Co-Leader of HighVista Strategies, to discuss the concept of “beautifully inefficient” markets and why durable alpha often exists where few investors are willing to spend time. Raphi explains how gov
E372: Why the Best Venture Investments Look Wrong Early
What if the best venture investments come from ignoring consensus and trusting your own taste before the market catches up?
In this episode, I sit down with Maya Bakhai, Founding Partner of Spice Capital, to discuss how cultural intuition, narrative cycles, and conviction shape venture investing. Maya explains how working with Kevin Durant at 35 Ventures gave her access to top-tier deal flow whil
E371: Midas List VC: Why AI Models Will NOT Become Commodities
What if the biggest winners in AI won’t come from having the best model—but from building the strongest feedback loops around users?
In this episode, I sit down with Hans Tung, Managing Partner at Notable Capital and longtime Midas List investor, to discuss how decades of investing across consumer internet and global technology shaped his thesis around AI. Hans explains why Anthropic stood out ea
E370: What Taxable Investors Still Get Wrong About Returns
What if the biggest source of alpha today isn’t stock picking—but structuring portfolios more intelligently after taxes?
In this episode, I sit down with Shang to discuss why tax alpha is becoming one of the most important themes in wealth and asset management. Shang breaks down how long-short tax-aware strategies work, why manager selection matters more than most investors realize, and how inves
E369: Midas List VC: Why Smart VCs Are Buying Secondaries
What if the best opportunities in venture today aren’t in new deals—but in existing companies right before an inflection point?
In this episode, I sit down with Ryan Moore, Founder of Revenant VC and longtime venture investor, to discuss why he made the shift from primary venture investing to secondaries after more than two decades in the industry. Ryan explains how longer liquidity timelines are
E368: Sovereign 2.0: How Mubadala Capital Is Reinventing the $430B Playbook w/CIO Oscar Fahlgren
The biggest edge in private equity is finding deals by going where others won't.
In this episode, I sit down with Oscar Fahlgren, Chief Investment Officer of Mubadala Capital, to discuss how embracing complexity and scale creates asymmetric opportunities in global private markets. Oscar explains why large, complex deals often have less competition, how Mubadala Capital uses its balance sheet to a
E367: The Family Office Betting on Humanity’s Future
What if the highest-return investments are the ones that reshape the future—not just the ones that fit today’s market?
In this episode, I sit down with L.R. Fox, Managing Director of NEXT Global Capital, to discuss why he rejected the traditional path of “build wealth first, give later” and instead built a strategy around impact from day one. Fox explains why capital is a vote for the future, how
E366: Keri Findley: The Credit Investor Peter Thiel Chose to Back
What if the best investments aren’t the riskiest—but the ones everyone else can’t own?
In this episode, I sit down with Keri Findley, Founder and CEO of Tacora Capital, to discuss how she built one of the most differentiated credit strategies by focusing on illiquidity, not risk. Keri explains how dislocations are often driven by forced sellers and structural constraints, why the best credit oppo
E365: Stanford GSB Professor on Venture Capital’s Manager Incentives
What if the biggest mistake in venture investing isn’t picking the wrong fund—but misunderstanding incentives and behavior?
In this episode, I sit down with Ilya Strebulaev, Professor of Finance and Private Equity at Stanford GSB, to discuss how incentives, biases, and portfolio construction shape outcomes in venture capital. Ilya explains why fee structures matter less than how they’re designed,
E364: $90B Limited Partner: Why We're (Still) Bullish on Large VC Funds
What if venture capital isn’t an asset class—but an access game where only a few managers matter?
In this episode, I sit down with Nolan Bean, CIO at FEG Investment Advisors, to discuss how institutional investors are adapting to a world where companies stay private longer and AI is reshaping every asset class. Nolan breaks down why access to top-tier managers matters more than allocation, how ve
E363: How Nigel Morris Built QED into a Fintech Powerhouse
What if the real edge in venture capital isn’t picking companies—but helping them survive long enough to matter?
In this episode, I sit down with Nigel Morris, Managing Partner at QED Investors and Co-Founder of Capital One, to discuss how fintech innovation actually happens and why most investors misunderstand the role of venture capital. Nigel explains why incumbents struggle to innovate despit
E362: Why Jensen Huang Believes Physical AI will be a $50 Trillion Market
What if the biggest opportunity in AI isn’t intelligence—but the missing data layer for the physical world?
In this episode, I sit down with Daniel Jacker, CEO and Co-Founder of ZaiNar, to discuss why physical AI could become a $50 trillion market and the infrastructure required to make it work. Daniel explains how turning wireless networks into a real-time sensing layer unlocks entirely new capa
E361: Why Venture Capital is Not an Asset Class
What if venture capital isn’t really an asset class—but a game where only a handful of managers actually matter?
In this episode, I sit down with Ian Sigalow, Co-Founder and Managing Partner of Greycroft, to discuss why venture returns are driven by a small group of firms with consistent access to the best companies. Ian explains why diversification often hurts venture outcomes, how the industry
E360: The Hardest Lessons I Learned from Building 4 Unicorns
What if the biggest breakthroughs in biotech don’t come from more capital—but from building better systems for innovation?
In this episode, I sit down with Errik Anderson, biotech entrepreneur and founder behind multiple billion-dollar companies, to discuss how building infrastructure, not just drugs, is reshaping the future of healthcare. Errik explains why most biotech companies fail the same w
E359: What Charlie Munger Taught Me About Venture Capital
What if the real edge in venture isn’t price—but who you choose to partner with for a decade?
In this episode, I sit down with Jamie Montgomery, Co-Founder and Managing Partner of March Capital, to discuss how long-term relationships, not transactions, drive venture outcomes. Jamie explains why asymmetric upside matters more than negotiating the last percentage point, how conviction and disciplin
E358: The Woman Behind the World's Top GP Brands | Jen Prosek
What if the biggest edge in investing isn’t capital or strategy—but how clearly the world understands you?
In this episode, I sit down with Jennifer Prosek, Founder and Managing Partner of Prosek Partners, to discuss how branding, narrative, and communication have become core drivers of success in financial services. Jennifer explains why firms went from ignoring marketing to depending on it, how
E357: CalSTRS CIO: Where Do You Invest $390 Billion Today?
What if the biggest edge in managing $390 billion isn’t picking assets—but controlling risk and liquidity when markets break?
In this episode, I sit down with Scott Chan, Chief Investment Officer of CalSTRS, to discuss how one of the largest institutional investors in the world is positioning for a period of massive structural change. Scott breaks down how AI, deglobalization, and the energy tran
E356: Why Co-Investments Are Taking Over Private Equity
What if the next source of alpha in private equity isn’t funds—but individual deals?
In this episode, I sit down with Rohan Parikh, Vice President at Houlihan Lokey, to discuss the rapid rise of co-investments and why they are becoming a core part of institutional portfolios. Rohan explains how extended fundraising cycles, larger deal sizes, and slower distributions have created a “perfect storm”
E355: From Deal-by-Deal to a $6.5B Platform: Building a Real Estate Investment Empire
What if the best investments aren’t found in chaos—but in having the discipline to act when others can’t?
In this episode, I sit down with Darren Fisk, Founder of Forum Investment Group, to discuss how he scaled from early syndication deals to a fully integrated multifamily investment platform managing billions. Darren breaks down how he leaned in during the 2008 financial crisis to acquire 9,000
E354: Why Most VCs Misunderstand Peter Thiel’s Power Law
What if venture capital isn’t about finding unicorns—but about consistently making good investments?
In this episode, I sit down with Eric Scott, Co-Founder and Managing Partner at Overlook Capital, to discuss how his approach to venture evolved from chasing power laws to focusing on fundamentals. Eric explains why most venture frameworks only make sense in hindsight, how thinking like a value in
E353: Why Biotech Is Struggling in Today’s Market (and the Future of Healthcare)
What if the biggest opportunity in healthcare isn’t new drugs—but reinventing how the entire system works?
In this episode, I sit down with David Berry, Founder of over 20 companies including seven $1B+ businesses, to discuss why the traditional biotech model is breaking and where the next wave of innovation in healthcare is emerging. David explains how pricing pressure, rising costs, and global
E352: JD Vance’s Co-Founder on Space Defense, Hard Tech, and the Biggest Opportunities Ahead
What if the best venture returns come from avoiding trends—not chasing them?
In this episode, I sit down with Colin, Co-Founder of Narya, to discuss how he approaches investing in frontier sectors without falling into mimetic behavior. Colin explains why the best opportunities are often “hidden in plain sight,” how mission-driven investing can still generate venture-scale returns, and why concent
E351: Why Most Family Offices Fail (And How a16z Fixed It)
What if the biggest edge in investing isn’t picking better assets—but structuring them better for taxes, incentives, and control?
In this episode, I sit down with Michel, Founding CIO of a16z Perennial, to discuss how institutional investing frameworks translate to individual portfolios. Michel breaks down why most wealth management fails at true investment management, how misaligned incentives s
E350: How Family Offices Quietly Build Generational Wealth
Is the real edge in investing not picking assets but structuring how you allocate capital?
Terence Thompson is a Vice President of Investments at DF Enterprises, about how single family offices think about portfolio construction, liquidity, and structural alpha. We break down why Terry uses a total portfolio approach, how family offices create edge through flexibility, and why being a liquidity p
E349: Built to Scale: The J.P. Morgan Growth Playbook
What if the biggest edge in venture today isn’t picking companies—but owning the entire lifecycle of capital?
In this episode, I sit down with Paris Heymann, Co-Managing Partner of Technology Investing at J.P. Morgan Private Capital, to discuss how the boundaries between public and private markets are breaking down. Paris explains why companies are staying private longer, how value is increasingl
E348: Why “Boring” Businesses Beat Venture Capital
Is private equity alpha really about picking great deals—or about executing the same playbook better than everyone else?
In this episode, I discuss with Monty Yort, Managing Partner at GenNx360 Capital Partners, about how disciplined execution and consistency drive long-term outperformance in private equity. We break down how GenNx360 approaches proactive sourcing, why lower middle market investi
E347: The $26B CIO Who Turned Superforecasting Into Alpha
How do you manage a $26 billion public fund while keeping every investment decision disciplined, every team member calibrated, and every partner accountable?
In this episode, I sit down with Mark Steed, Chief Investment Officer of AZ Public Safety Personnel Retirement System, to explore how super forecasting and probabilistic thinking shape portfolio management. Mark shares how lessons from Dr. P
E346: $7 Billion CIO: Why the Endowment Model is Changing
How do you build a $7 billion portfolio that performs across decades while keeping every client aligned and every manager motivated?
In this episode, I sit down with Karen Welch, Chief Investment Officer at Spider Management Company, to explore the evolving role of a CIO in today’s complex investment landscape. Karen shares how lessons from Stanford’s endowment shaped her approach, why the best i
E345: How I Raised $10 Billion in Venture Capital w/Scott Painter
What does it take to raise $270 million in a risk-off market while keeping your personal life, sanity, and team intact?
In this episode, I sit down with Scott Painter, Founder & CEO, TrueCar, to unpack the 21-month journey of taking a company private. Scott shares how persistence, strategic thinking, and mental resilience allowed him to navigate investor skepticism, market volatility, and persona
E344: How the Top Family Offices are Investing Today
What if the families with the largest fortunes generate the highest returns not by chasing hot sectors, but by pacing capital, managing liquidity, and investing with a multi-decade horizon?
In this episode, I sit down with Douglas Evans, Chief Investment Officer & Partner at Callan Family Office, to explore how a $10B family office approaches private markets like an institutional investor. Doug s
E343: The Death of the 60/40 Portfolio (And What Comes Next)
What if the biggest edge in portfolio construction isn’t picking better assets but structuring a portfolio you can actually stick with through cycles?
In this episode, I sit down with Chaya Slain, President and CIO at Virtera Partners LLC, to unpack how families can access institutional-quality investing without building a full family office. Chaya explains why alternatives are often the true dri
E342: The Rise of Venture Secondaries
What if the real edge in venture isn’t picking the hottest companies, but structuring your portfolio, pacing capital, and building relationships in a way most investors never do?
In this episode, I sit down with Jamie Melzer, Founder and Managing Partner of Altra Venture Partners, to break down how she built a firm focused on late-stage venture and secondaries at the height of market dislocation.
E341: Why VC is Changing Forever ($150 Billion LP)
What if the best venture returns come from the LPs that are most patient and most strategic?
In this episode, I sit down with Scott Voss, Partner at HarbourVest, to explore how the $150B multi-manager firm generates consistent outperformance across venture, growth equity, buyouts, and secondaries. Scott shares how consensus risk, vintage year timing, and strategic co-investing shape returns, why
E340: Why Family Offices Should Avoid 60/40 Portfolios
What if building a portfolio for high-net-worth investors is more about managing downside risk than chasing returns?
In this episode, I sit down with Damien Bisserier, Managing Partner and Co-CIO at Evoke Advisors, to explore how he constructs diversified portfolios for ultra-high-net-worth families. Damien shares why after-tax returns, alternative assets, and private markets matter more than con
E339: From Zero to $100 Million in 18 Months: Inside Legora
What happens when AI turns a $40B legal software market into a $1T opportunity?
In this episode, I talk with David Eckstein, CFO of Legora, about scaling one of the fastest growing enterprise AI companies in history. David explains how Legora went from zero to $100M in 18 months, why AI is expanding markets rather than just disrupting them, and how the role of CFO is evolving into a strategic ope
E338: How I Invest $9 Billion into VC & Private Equity
Is AI the biggest risk to equity portfolios or the biggest opportunity?
In this episode, I talk with Christopher Vogt about how institutional investors think about risk, portfolio construction, and manager selection across public and private markets. We discuss AI disruption, why governance and structure matter more than asset labels, and how to evaluate managers using both quantitative and quali
E337: How to Invest in a Post Singularity World
What does investing look like in a world dominated by AI?
In this episode, David Weisburd talks with Alex Wissner-Gross about the profound implications of technological singularity and the evolution from LLMs to reasoning models. They discuss AI personhood, economic rights, and the rise of AI agents, as well as strategic investment approaches in a post-singular world. The conversation delves into
E336: The Private Equity Firm of 2030
Is private equity becoming an asset gathering business instead of a performance business?
In this episode, I talk with Sam Tidswell-Norrish, Partner at Access Holdings, about how private equity is evolving across sourcing, value creation, and distribution. We discuss why performance is still the core product, how AI is reshaping deal flow and portfolio operations, and why the lower middle market
E335: Why the Best Investors Ignore “Capital Preservation”
What if your family office could invest like a founder and a VC at the same time?
In this episode, I sit down with Shane Neman, founder of a multi-entity family office with $850M AUM, to explore how he approaches venture investing, deep tech, and portfolio construction. Shane shares how his two decades as a SaaS founder shape his edge as an investor, why transparency and founder relationships mat
E334: Texas Tech CIO: How We Find Asymmetric Bets
Why buy an office when everyone else is selling?
In this episode, I sit down with Tim Barrett, CIO of the Texas Tech University Endowment, to explore how he builds high-conviction portfolios across private equity, real estate, and hedge funds. Tim shares why governance, manager selection, and a generalist team structure drive consistent alpha, how he balances risk and upside with portable alpha,
E333: Why a $19B Allocator Is Betting on Lower Middle Market Buyouts
Why do most institutional investors still allocate heavily to large private equity funds?
Alex Abell of RCP Advisors explains why the lower middle market has consistently outperformed, driven by less competition, faster exits, and stronger value creation. He breaks down the structural reasons LPs stay in large buyouts, including access constraints, manager selection difficulty, and career risk. T
E332: Why Family Offices Must Go Risk-On or Go Broke
What if the best investors aren’t generalists at all, but operators who double down on the one place they truly have an edge?
In this episode, I sit down with Nathan Cooper, Founder and Managing Partner of Barrel Ventures, to explore how a family with nearly a century in food transformed itself into a focused investment platform. From early mistakes outsourcing everything to building a differenti
E331: Ron Biscardi, CEO of iConnections on the Biggest Mistakes Managers Make
What does it take for a GP to successfully raise capital in today’s venture and private markets?
In this episode, I sit down with Ron Biscardi, co-founder and CEO of iConnections, to unpack the realities of LP relationships, fund-raising cycles, and scaling a global platform for capital introduction. Ron shares insights on how humility, patience, and responsiveness differentiate managers, why bus
E330: EuropeanKid: The $32B Future of Influencer Marketing
What if influencer marketing isn’t about chasing mega-followers, but activating the creators who already love your brand?
In this episode, I sit down with Aris Yeager, Founder of Storytime, to explore how he built a platform connecting brands with nano and micro creators to run highly targeted campaigns at scale. A creator himself known online as European Kid, Aris leverages his own social experi
E329: How Oaktree Is Positioning $223 Billion for a Credit Cycle Shift
What if the best way to navigate credit markets is not about chasing yield but controlling risk?
In this episode, I sit down with Danielle Poli, Co-Portfolio Manager of Global Credit at Oaktree, to explore how she manages a $20 billion portfolio within a $223 billion firm. Danielle shares how focusing on core income, rigorous underwriting, and a flexible toolkit allows her team to navigate compl
E328: Why Most Funds Get Rejected in the First Five Minutes
What if the best venture returns come from managers no one else can access?
In this episode, I sit down with Jorge Felippe, CEO of Almulla, a Dubai-based single family office, to explore how he builds high-conviction private markets portfolios while managing a multi-generational family and complex governance. Jorge shares why alignment, patience, and process matter more than flashy deals, and ho
E327: $7B CIO: The Right Way to Invest in Emerging Markets
What if emerging markets aren’t a trap, but most investors just approach them wrong?
In this episode, I sit down with Robert Koenigsberger, Founder and CIO of Gramercy, to explore how he has built a $7 billion emerging markets platform by focusing on high conviction, structured private credit, and long-term partnerships. After nearly four decades in emerging markets, Robert has pioneered strateg
E326: What Happens When AI Starts Replacing Analysts?
Will AI soon write investment memos, analyze deals, and run workflows inside investment firms?
In this episode, I speak with Chaz, founder of Model ML, about the rise of agentic AI and how investment firms are beginning to automate complex workflows across private markets. Chaz explains how Model ML originally started as an internal tool built inside his family office to manage investments more e
E325: Inside the $100B Continuation Vehicle Boom
What if the most compelling private equity opportunities aren’t brand-new deals, but the ones other investors have already “vetted” and are leaving on the table?
In this episode, I sit down with Michael Woolhouse, Head of Continuation Vehicles at TPG Capital, to explore how he approaches the rapidly growing single asset continuation vehicle (CV) market—a space where sponsors can roll their most
E324: How The University of Cambridge Built Their Privates Portfolio
What does it take to build a world-class private equity portfolio for an 800-year-old institution?
In this episode, I sit down with Sam Sturge, Head of Private Equity at the University of Cambridge endowment, to discuss how he rebuilt the program with a mandate to generate inflation plus 5% returns for generations. Before joining Cambridge, Sam worked at Morgan Stanley and Partners Capital, and
E323: How Billionaires Build Their Portfolios
What changes when wealth stops being about building and starts being about preserving?
In this episode, I sit down with Jonathan Dane, CIO and Founder of Defiant Capital, to explore how family offices think about portfolio construction after a major liquidity event. Drawing on his experience at Goldman Sachs and Jefferies, Jonathan explains why independent advice matters and how families navigat
E322: How $70 Billion Gets Allocated During Market Chaos
What if one of the most overlooked $700 billion pools of capital in the U.S. is quietly shaping private markets?
In this episode, I sit down with Jennifer Mink, President of Investment Performance Services, an investment consulting firm overseeing roughly $70 billion in assets under advisement, to discuss how Taft-Hartley pension plans approach long-term investing. Jennifer shares how IPS design
E321: Why Most LPs Have No Idea What’s in Their Portfolio
Why are private markets still managed in spreadsheets when hundreds of billions of dollars are at stake?
In this episode, I sit down with Ryan Eisenman, Co-Founder and CEO of Arch, a platform supporting more than 550 clients and over $405 billion in alternative assets. Arch is building an operating system for private markets that helps investors manage the operational complexity of alternatives
E320: Why Institutional Capital Avoids the Best Returns
What if the best private equity opportunities are the ones no one else is set up to pursue?
In this episode, I sit down with Jeff Collins, Founder and Managing Partner of Cloverlay, to explore how he built a $2 billion firm by going where capital isn’t. After 14 years at Morgan Stanley Investment Management, Jeff spun out to focus on what he calls “uncorrelated private assets” - niche, often over
E319: GP Stakes Investing: Liquidity, Alignment, and the Real Risk
Why would an LP invest in the GP instead of the fund… and what problem is GP stakes really solving?
In this episode, I sit down with Todd Owens, Managing Partner of Cantilever Group, to unpack the world of GP stakes. Todd explains what investors are actually buying when they take a minority stake in an alternative asset manager, why liquidity risk is the central challenge, and how structural inn
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