Families are increasingly expressing a desire to invest in private equity opportunities on an individual, deal-by-deal basis. Club deals, which are quickly becoming the preferred vehicle of investment for families, offer more flexibility than traditional blind-pool funds, which require a long-term financial commitment and limited control. Given their relative complexity and novelty, club deals require…
Unpacking Private Equity: Characteristics & implications by asset class The term private equity is often treated as a catchall, used interchangeably to describe a broad variety of investments. Such loose use of the phrase fails to capture the range of nuanced business ownership strategies it refers to and risks branding an entire asset class with…
“Playing to Your Strengths: Strategic Deal Sourcing” explains the importance of effectively sourcing high quality deals in order to maximize return potential. While quality of fit is extremely important, returns are amplified when combined with securing deal flow in a proprietary manner (i.e. deals with lower levels of competition). In order to find investment opportunities…
Rules-based investing: A “how to guide” for targeting & assessing direct investment opportunities In previous whitepapers, we have discussed how family offices and high-net worth individuals should limit their direct investments to opportunities (e.g. industry, asset class, etc.) where they exhibit a comparative advantage. In sticking to their proverbial ‘sweet spot’ investors are more likely…
Direct investing: A pathway to family stewardship This whitepaper is intended for the family steward. It is meant for the investor who seeks to actively manage their wealth with the aspiration of providing future generations with not only continued economic success, but also a framework for personal and professional development. If that is you, then…
