Justin Pollack, Managing Director at PineBridge Investments, sits down with David Weisburd to discuss PineBridge’s investment thesis. They also breakdown the secondary markets, discuss the structural differences between private equity & public market investing, and ways to analyze spinouts. (0:00) Introduction to Justin Pollack's investment philosophy and Pine Bridge Investments (3:07) Growth and advantages of private equity (4:39) Secondary market insights and opaqueness as a feature (10:26) Differentiation and structural tools in secondary buying (15:33) Downside protection and gamification of IRR in secondary investments (19:12) Fund of funds, emerging managers, and fund size impacts (22:47) Competitive dynamics, large check advantages, and fees (26:18) Venture strategy and evaluating spinouts from top firms (29:16) Manager evaluations and personality traits for success (32:34) Diversity, evolution in private equity, and closing remarks