VC10X - What is Special Situation Investing? - Greg Ho, President, Spring Mountain Capital

Greg Ho is the President & Head of Social Impact at Spring Mountain Capital ($1.6B AUM). Greg formerly spent 16 years at McKinsey, where he helped expand the firm into 30+ new countries and oversaw the launch of its $20B investment arm as CFO. In 2001, Greg founded SMC alongside Launny Steffens, and later its social impact arm, the West Harlem Innovation Network.

Links: 

⭐ Sponsored by Podcast10x - Podcasting agency for VCs - https://podcast10x.com

Spring Mountain Capital website - https://www.springmountaincapital.com/

Greg Ho on LinkedIn - https://www.linkedin.com/in/gregory-ho-68126215

🎙️ Hosted by Prashant Choubey

Follow Prashant on LinkedIn - https://www.linkedin.com/in/choubeysahab

In this episode we talk about - 

- Greg's story and how you got into investing?

- The story of McKinsey’s expansion into over 30 new countries

- What is Special Situation Investing?

- What key qualities he looks for when selecting asset managers?

& lots more

Timestamps:

(00:00) Introduction

(03:13) Greg's journey into investing

(04:26) McKinsey's global expansion strategy

(07:20) Founding McKinsey's investment office

(09:47) Founding of Spring Mountain Capital

(11:43) What is special situation investing?

(13:46) Examples of special situation investing

(17:31) Explaining investment strategy to limited partners

(20:49) Focus on social impact investing

(25:25) Investing in underrepresented communities

(29:07) Opportunity zone investing and tax benefits(

32:04) How to evaluate fund managers

(34:33) Current market trends and opportunities

(39:22) Impact of new administration on investment strategy

(40:49) Biggest learning in investing - importance of diverse teams

(41:54) Rapid fire round covering investment details

For sponsorship or guest appearance requests, write to prashantchoubey3@gmail.com

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