All Episodes
Displaying 1 - 20 of 51 in total
Building Your Family Office Strategy
How to build a systematic strategy for family office capital — from ideal profiles to earning your first reference.
The Due Diligence They Don't Tell You About
The informal due diligence family offices conduct — the investigations you never see that determine outcomes.
When Not to Take Family Office Money
Situations where declining family office capital is the right decision — time horizon, governance, and values misalignment.
The Network Effect of Family Capital
Why one family office relationship can unlock access to dozens more — the power of trusted referral networks.
Alignment Beyond Economics
Why family office alignment extends beyond GP commitment and carry — values, time horizon, and exit philosophy.
Why Family Offices Accept Lower Returns for Longer Duration
Why sophisticated families accept lower annual returns for longer compounding — terminal wealth vs. IRR.
The Quiet Power of Co-Investment Rights
Why family offices prize co-investment rights — optionality and governance value beyond economics.
Information Rights as Governance Tools
How family offices use information rights as governance mechanisms — transparency that changes manager behavior.
Why Boredom Is a Feature, Not a Bug
Why sophisticated family offices embrace boredom in their portfolios — predictability as a multi-generational advantage.
The Autonomy Premium: Why Families Divide Assets to Stay Together
Why sophisticated families proactively divide assets to preserve relationships — autonomy as a conflict prevention tool.
Market Losses vs. Mistake Losses: A Critical Distinction
How family offices distinguish between market losses and mistake losses — and why this shapes their seemingly contradictory risk appetite.
The Predictability Premium
Why your reputation for doing what you say compounds faster than returns — and how predictability becomes a core competitive advantage.
Why Dry Powder Is a Weapon, Not a Waste
Why family offices treat cash reserves as a strategic weapon for dislocations rather than a drag on returns.
The Relationship Bet: Why First Deals Are Auditions
Why family offices treat initial investments as auditions for decades-long relationships — the first deal isn't the point, it's the test.
Why Governance Is a Leading Indicator
Why family offices treat governance as a leading indicator of investment success — governance problems precede financial problems by years.
The Rise of the Single-LP Fund
Single-LP funds — also called funds of one or separately managed accounts — are becoming a preferred structure for sophisticated allocators.
What Insurance Company Allocators Actually Measure
Insurance company investment teams live in a different analytical world — their metrics reflect regulatory environments and liability-driven mandates.
Why Secondaries Are Reshaping LP Portfolios
The secondary market for private fund interests has exploded, with transaction volume exceeding $100 billion annually.
How Japanese Institutional Capital Actually Moves
Japan's institutional investors collectively manage over $4 trillion — yet Japanese allocations to private markets remain well below global peers.
The Math Behind Fund-of-Funds Fee Structures
Fund-of-funds charge fees on top of underlying manager fees. Understanding the math explains why it persists and what it means for managers.