Our Vice President of Product Management, Adam Hoit, recently participated in a panel of emerging Private Equity Managers at the PartnerConnect Midwest event here in Chicago on June 26-27, an event marred by inclement weather at O’Hare, which resulted in lower than usual attendance. In case you were one of those diverted to a neighboring airport, we thought we’d recap Adam’s insights captured from his panel session, titled, “Don't Neglect the Back Office: Step-by-Step Instructions on How to Set Up the Critical Functions of Your New Firm.”
We’re back with our “Big Ideas from BUC” series – we didn’t want anyone to miss out on the insights from BUC 2018 just because they couldn’t be physically present. Today, we’re sharing the big ideas that came out of our panel, “The Burning Issues Facing Pension Investment Professionals Today,” featuring portfolio executives from both public and corporate plan sponsors.
In its 11th year, Partner Connect Midwest brings together LP’s and GP’s for a unique industry event. In addition to one-on-one meetings between allocators and private equity managers, you can take advantage of the many thought leadership panels and networking opportunities to build relationships.
We’re fresh out of BUC (“Backstop User Conference”) 2018, and we’re overflowing with insights, information, and big ideas. In case you went BUC-less in 2018, we’re summarizing the key takeaways from our industry luminary-stacked panels. Today, we’re starting with “Behind the Curtain: How Institutional Asset Owners Really Select Their Managers.” If you’re a manager that wants to take a deep-dive into how allocators pick their horses, you’ll want to take a look at these insights, straight from the mouths of renowned Funds of Funds and investment consultants (Horsley Bridge Partners, Alternative Investment Group, Protégé Partners, and Strategic Investment Group).
Nobody disqualifies a manager on fees alone.
By Ken Akoundi
“In the middle of the journey of our life I found myself within a dark woods where the straight way was lost.” ― Dante Alighieri, Inferno
If an institutional investment professional were to be guided through Hell (a la Dante’s Inferno), he would pass by five circles of torment … all of which would contain colleagues frantically checking calendars and clocks, desperate to get through to-do lists that grow faster than items can be checked off. Time is indeed a valuable commodity, and the lack of it can be hell on earth.