157 episodes

Meet the people who allocate vast pools of capital and the processes they employ.

New episodes release on Monday's

Capital Allocators Ted Seides

    • Investing

Meet the people who allocate vast pools of capital and the processes they employ.

New episodes release on Monday's

    Doug Phillips – Middle of the Fairway at the University of Rochester (Capital Allocators, EP.123)

    Doug Phillips – Middle of the Fairway at the University of Rochester (Capital Allocators, EP.123)

    Doug Phillips is the CIO of the University of Rochester, where he has overseen the school’s $2.6 billion endowment for twenty years.  Doug’s two-decade tenure at Rochester constitutes only the back half of his work in the endowment world, as he previously managed Williams College’s endowment for fourteen years and started his career in the early eighties at Princeton.
    Our conversation covers the history of Rochester’s endowment, the University’s broad stakeholders, asset allocation, manager sourcing, research process, investment committee, assessment of past decisions, and efforts to be a good partner to managers.  We then dive into each asset class, touching on traditional equity, hedge funds, real assets, private equity and venture capital.
    Learn More
    Read the Transcript
    Subscribe to the Capital Allocators Blog or Monthly Mailing List
    Don't Subscribe, but Let Us Know Who You Are
    Write a review on iTunes
    Follow Ted on twitter at @tseides
    Review past episodes of the Podcast

    • 58 min
    Dan Rasmussen – Private Equity Risk and Public Equity Opportunity at Verdad Advisers (First Meeting, EP.15)

    Dan Rasmussen – Private Equity Risk and Public Equity Opportunity at Verdad Advisers (First Meeting, EP.15)

    Dan Rasmussen is the Founder and portfolio manager at Verdad Advisers, which he launched in 2014 to replicate the historical success of private equity in the public markets.  He’s an outspoken critic of the market’s enthusiasm for private equity, resulting from research he conducted in the business while working at Bain Capital.
    Our conversation covers Dan’s early education in the Socratic method, research into why private equity works, current risk in the private equity and private credit markets, and the launch of Verdad to find private equity-like outcomes in the public markets.  We then turn to Verdad, including key lessons upon shifting to public equity investing, stock screens, portfolio construction, position sizing and the competitive advantage of capacity constraints.  Lastly, we touch on Verdad’s written research and preparing a portfolio for a recession.
    If you like Dan’s thought process, you can sign up to receive his team’s weekly research at verdadcap.com/strategy.
    Learn More
    Read the Transcript
    Subscribe to the Capital Allocators Blog or Monthly Mailing List
    Don't Subscribe, but Let Us Know Who You Are
    Write a review on iTunes
    Follow Ted on twitter at @tseides
    Review past episodes of the Podcast

    • 1 hr 2 min
    SPECIAL ANNOUNCEMENT – CAPITAL ALLOCATORS LIVE!

    SPECIAL ANNOUNCEMENT – CAPITAL ALLOCATORS LIVE!

    I’m excited to announce Capital Allocators LIVE!, a live event that will take place in NYC on June 18th.

    I’ll host a series of live podcasts with Michael Mauboussin, Morgan Housel, Andre Perold, Atomic Habits author James Clear, and Annie Duke.

    You can hear us live and sit alongside a bunch of other past guests on the show as well.

    Founder’s Class Tickets and Golden Tickets are now available.

    Founder’s Class Members will receive a discounted price for the event and the same price for all future LIVE! events.  There are just 50 Founder’s Class Memberships available for those early birds catching the worm.

    Golden Tickets are also available, and those include the event and a special dinner afterwards with Annie, James, Morgan and me for those 25 Golden Ticket holders.

    Hop onto capitalallocatorspodcast.com and buy your tickets today!

    • 1 min
    James Aitken – Tour Around the World from a Small Island (Capital Allocators, EP.121)

    James Aitken – Tour Around the World from a Small Island (Capital Allocators, EP.121)

    James Aitken is the Founder and Managing Partner of Aitken Advisors, a one-man macroeconomic research boutique based in Wimbledon, England from where he pens his weekly “Notes from a Small Island” and consults approximately one hundred of the most influential pools of capital in the world.
    After a wildly popular show two years ago, James came back for another doozy. Our conversation covers the ESG tsunami and the impact fund flows will create on business economics, politics, and investments, the dynamics of Brexit and incumbent Investment opportunities, China’s evolving economic plan, and the tenuous plumbing of the US financial system.
    Learn More
    Read the Transcript
    Subscribe to the Capital Allocators Blog or Monthly Mailing List
    Don't Subscribe, but Let Us Know Who You Are
    Write a review on iTunes
    Follow Ted on twitter at @tseides
    Review past episodes of the Podcast

    • 1 hr 6 min
    Peter Kraus - Widening the Aperture on Alpha (First Meeting, EP.14)

    Peter Kraus - Widening the Aperture on Alpha (First Meeting, EP.14)

    Peter Kraus is the Chairman and CEO of Aperture Investors, a $5 billion asset manager he founded after a storied four-decade career on Wall Street, including heading the Investment Management Division at Goldman Sachs and serving as Chairman and CEO of AllianceBernstein. Throughout his career, Peter has been a vocal proponent of pay-for-performance compensation models and the need for trust between active managers and their clients.
    He ultimately decided that a successful culture of performance-linked fees that properly aligns the manager and client could only occur in a new firm built from scratch. He teamed up with Italian insurance company Generali to launch Aperture in 2018.
    Our conversation covers Peter’s career at Goldman Sachs and AllianceBernstein, the structural problem of incentives in the asset management industry, and Peter’s attempt to disrupt that structure. We then discuss his process for selecting managers on Aperture’s platform, including screening, due diligence, and the nuances in idea generation, track record, value system, and managing teams.
    Learn More
    Read the Transcript
    Subscribe to the Capital Allocators Blog or Monthly Mailing List
    Don't Subscribe, but Let Us Know Who You Are
    Write a review on iTunes
    Follow Ted on twitter at @tseides
    Review past episodes of the Podcast

    • 1 hr 14 min
    Ted Seides – A Rational Reminder (Capital Allocators, EP.121)

    Ted Seides – A Rational Reminder (Capital Allocators, EP.121)

    Last year, I appeared on the Rational Reminder podcast, a show hosted by Cameron Passmore and Ben Felix of PWL Capital, a terrific Ottawa, Canada-based wealth manager that focuses on low cost, passive investing.
    We discussed the depth of the institutional investment research process, hedge funds, alternatives for individuals, index fund investing around the world, lessons from the big Bet, and a few other fun topics.
    Cameron and Ben are thoughtful investors and offer high-quality content through their podcast.  I’d encourage you to have a listen.
    Please enjoy Cameron and Ben’s interview with me.
    Learn More
    Read the Transcript
    Subscribe to the Capital Allocators Blog or Monthly Mailing List
    Don't Subscribe, but Let Us Know Who You Are
    Write a review on iTunes
    Follow Ted on twitter at @tseides
    Review past episodes of the Podcast

    • 46 min

Top Podcasts In Investing

Listeners Also Subscribed To