Today, I am pleased to welcome Ross Butler, a podcaster, strategy consultant and author and the host of Fund Shack, a leading private capital channel. Ross also advises private capital firms on their go-to-market and communications strategies and ethical policies. He has been a business journalist, Editor of Real Deals, and has won Private Equity journalist of the year three times. He was Director of Communications at Invest Europe and has worked with various listed private capital firms on their public market outreach.

Our conversation today is about private capital markets. Ross shares his observations on why private markets work well, delving into their history, distinguishing economics, and unique workings.

Private equity often gets a bad rap due to its perceived short-term profit focus, high-risk debt loading, and negative effect on companies and workers. But that’s not the full picture of private capital. Ross shares his view of the social impact of private markets and their importance for the long-term health of the economy and society.

Ross provides a practical context for the current state of private markets and explains the causes of the “indigestion”, as he puts it, that is afflicting private markets. He describes some of the niche tools and unique deal structures that allow private investors and fund managers to be innovative and create value in excess of what public markets can achieve.

Enjoy this instructive conversation with a leading commentator and observer of global private capital markets.