Dakota Live! Podcast

Kevin Khang, Head of Active and Alternatives Research and Andy Reed, Head of Investor Behavior at Vanguard sit down to discuss a variety of topics ranging from the fundamentals of behavioral economics to how artificial intelligence is expected to play a role in both research and application. Along the way, Kevin and Andy touch on active and passive management solutions, liquid alternatives, how insights are generated for external value, and how Vanguard sets their priorities and manager research process. The Vanguard Group, Inc. is an American registered investment advisor based in Malvern, Pennsylvania, with approximately $7.7 trillion in global assets under management, as of April 2023. It is the largest provider of mutual funds and the second-largest provider of exchange-traded funds in the world. Join us in this interesting and insightful conversation to help you better understand the gap between what investors should do and what they actually do.

Nisha Atre of Old City Investment Partners shares her over twenty years of asset allocation and sales experience in this informative discussion on how she has navigated her successful career in asset management.  Along the way, Nisha guides our listeners through Old City’s approach to offering specialized investment solutions for their clients.  Founded in 2006, Old City identifies high-quality alternative investment sponsors for a growing investor base of families and institutions. Nisha shares her experiences distributing alternatives and how specialist strategies fit into a broader asset allocation model. Join Nisha and Robert as they discuss changes in the industry, and how best to position your investment strategies with investors for the years ahead.

Melvin Lindsey, CFA, Founder and Managing Partner of the Nile Capital Group joins us on the Dakota Live! Podcast to share his more than thirty years of experience in business development and manager selection. Mel shares advice and the attributes he and his team look to identify when investing in asset management businesses. Throughout this informative conversation, Mel shares the approach he developed from his success at Julius Baer Investment Management through the formation and launch of Nile Capital nearly a decade ago. By relying on the pillars of talent, innovation, diversity, economies of scale, and speed, which Mel and his colleagues describe as the TIDES, Nile Capital continues to source and stake innovative performance-driven asset management companies. Be sure to catch this masterclass in investment sales and emerging manager development.

Doug Hanly, Chief Investment Officer for the Louisiana State Police Retirement System (LSPRS) joins us at Dakota Live! to take us through his experience as the first CIO of the LSPRS. The Louisiana State Police Retirement System is a qualified pension and retirement plan created to provide retirement benefits for Louisiana state police officers and their beneficiaries. Currently, the LSPRS serves over 1,000 active members and over 1200 retired/survivor members. With over $1 billion in assets, LSPRS’ primary goal is to safeguard and manage the funds it holds in trust so that future benefits are guaranteed and protected. Over the course of our conversation, Doug shares how virtues such as courage, strength of voice, and vulnerability have benefited him as it relates to career and investment decisions. Along the way, Doug shares the building blocks he looks for when looking for asset managers as part of his manager research process.

Venus Phillips, Managing Director of the Kresge Foundation joins us at Dakota Live! to share her insights and experience in manager selection and asset allocation. Over the course of our conversation, Venus takes us on her career journey and shares with us those who have influenced over the years. The Kresge Foundation is a philanthropic private foundation with over $4 billion in assets. The foundation works to expand opportunities in America's cities through grantmaking and investing in arts and culture, education, environment, health, human services, and community development efforts. Venus is responsible for evaluating investment opportunities and investment managers across all asset classes and geographies for the foundation’s endowment. Join us as Venus shares what the power of authentic leadership means to her and the importance of mission-oriented work. Be sure to stay tuned until the end of the conversation, where Venus answers questions and shares advice to students at Drexel University in Philadelphia.

Gildas Quinquis, Chief Investment Officer for the Boston-based Windrose Advisors, takes us through his nearly thirty-year career in investment management, describing how he approaches the current landscape for his clients and where he is finding areas of opportunity. Gildas oversees investment strategy, asset allocation, and manager selection at this independent boutique wealth management firm that delivers sophisticated, customized investment advice to a select group of families, foundations, and endowments. Founded in 2009 by Boston-area entrepreneurs and experienced institutional investment professionals, the firm has grown to approximately $4 billion in assets under advisement. Gildas shares his team’s process to manager sourcing, due diligence, selection, and how they consider investment decisions. Watch and listen as Gildas shares his professional mission that helps him foster an environment of innovation and growth.

Adam Landau is a Partner and Co-Market Leader for the Pennsylvania office of Cerity Partners. He is also a member of the firm's Investment Committee. Cerity Partners LLC is a Registered Investment Advisor serving high-net-worth individuals and their families, businesses and their employees, and nonprofit organizations with approximately $62 billion in assets.In this special edition episode, Adam takes the Dakota Live! team through Cerity's approach to risk management, the firm’s manager research and underwriting process, and what a potential client partnership looks like with their firm. Join us as we come to better understand Cerity Partners and their allocation to various asset classes and investment strategies in the changing intermediary landscape.

William Yung, Partner, and Director of Private Markets at Angeles Investments takes us on his career journey from wealth management to investment manager research for one of the financial industry’s innovative leaders in OCIO and investment consulting. With over seventeen years of investment experience, William is responsible for conducting research in private capital and real asset strategies for the firm. Join us as William takes our listeners through the firm’s approach to manager research and selection. Along the way, we learn more about William and the personal and professional impact of his family’s journey to the United States from China. Globally recognized for their positive impact on their clients and industry, Angeles Investments is a multi-asset investment firm, providing sophisticated, customized investment solutions to institutional and private wealth clients. Founded in 2001, the firm oversees approximately $6.4 billion in discretionary relationships, as well as $33.3 billion in consulting relationships.  Angeles is an independent, 100% employee-owned firm with over 40% of clients being with the firm for more than 10 years. A great achievement in today’s industry. Tune in as we come to better understand how this unique organization approaches investment opportunities.

Laura Esposito of Rockefeller Capital Management shares her nearly twenty-five years of client service and sales experience in this informative discussion on how she has navigated her successful career in asset management.  Along the way, Laura guides our listeners through the firm’s approach to providing service and investment solutions for their clients regardless of market conditions.  Rockefeller Capital Management was established in 2018 as a leading independent financial advisory firm. Originally founded in 1882 as the family office of John D. Rockefeller, the firm has evolved to offer strategic advice to ultra- and high-net-worth individuals and families, institutions, and corporations.  The firm is responsible for over $100 billion in client assets, as of March 31, 2023, and has over 1100 employees in 44 locations across the United States and London. Join us in the room as we come to better understand how this historic organization approaches investment opportunities.

Angela Miller-May, Chief Investment Officer for the Illinois Municipal Retirement Fund joins us at Dakota Live! for a special discussion on how she found her start in the investment management industry and what lessons she has carried forward now leading the $49.5 billion pension fund that services a membership of over 178,000 active members, 262,000 inactive members, 138,000 retired members and over 3,000 employers for Illinois. In our discussion Angela provides insight into strategic portfolio construction, manager selection and due diligence, and how she leads a team of investment professionals to meet IMRF’s investment goals. Tune into this insightful and informative episode and learn why Angela continues to be recognized by the industry as one of its top investors.