With record levels of dry powder, and a larger number private equity firms competing for deals, private capital markets have become increasingly efficient. In this session, we discussed whether there is still value to be had and if so, where and how families can access it.
The United States presidential election season has certainly been emotionally charged and, in many ways, unlike any we’ve seen in recent history. For many, Hillary Clinton represents the continuation of Democratic policies currently in place under the Obama administration. Donald Trump, on the other hand, represents the potential for a shift in policy. Both now turn their attention to a series of debates, where each candidate will provide voters with more detail about key elements of their plan.
As has been the case for several years, the actions of central banks dominate the investment landscape. In the years following the financial crisis, extraordinary monetary policies from central banks around the world, including our own Federal Reserve (Fed), have had an outsized impact on most asset classes. And now, as we say farewell to another summer, we see that the situation has not changed. There is increasing anxiety about prospective interest rate hikes and the possible impacts on equity and fixed income markets.
Performance results over the past ten years make a strong case for higher allocations to private investments. Investors concerned with earning a return on their portfolios that will support their spending needs should look closely at the results and investment policies of this group and consider crossing the “15% frontier” in their own portfolios. Families in particular, are well positioned to take advantage of private investments.
Families pursue impact investing for a variety of reasons, including as a way to engage younger family members in the broader philanthropic and investment activities of a family to foster continuity in the stewardship of assets across generations. Before incorporating impact investments into their portfolios, families should define the overall contextual framework for their impact investments that focus on purpose, priorities, and principles.
Now that school is back in session, it’s important for students to take stock of what they know as they embrace a new year of learning. It’s also a good time for investors to assess the events of the summer and make sure they are well-positioned for the future. In Jeff Mortimer’s latest Investment Update he reviews the events of the summer and discusses uncertainties related to Brexit, central bank policy actions and the upcoming U.S. presidential election in order to better prepare investors for what may lie ahead.
Constance Freedman has invested in more than 40 technology companies and helped bring them to market by partnering with over 300 executives and corporations. Based on her extensive experience, Constance will lead an interactive dialogue highlighting venture strategies of several of the SaaS-based technologies in digital media, fintech, business services, big data and B2B investment in which she engages.
The water industry is among the world’s largest and most essential, yet water industry economics remain under-appreciated and largely misunderstood by most investors. Water Asset Management's public and private equity water experience provides insights into an industry with exceptional long term growth drivers and pricing power. The discussion will focus on public and private equity investment opportunities in water companies and assets that provide returns, solutions and impact.
The Rohatyn Group is a leading, specialized asset management firm focused exclusively on investing in emerging markets. It is Nick Rohatyn’s belief that successful investment outcomes in emerging markets require experienced, talented individuals utilizing local sources of insight and information.
As family members, office executives and advisors work to instill an entrepreneurial mindset in their family's ventures, it's critical for them to understand the phases startups go through. They also need to understand the best practices to refine and evaluate their ventures at each stage. This allows everyone upfront to be aligned about what leaders in the startup should be focused on and how to quantifiably measure their success. Sean's case based research resulting in his recently published first book, The Science of Growth, provides just such a framework for families.