Capital Allocators – Inside the Institutional Investment Industry

Michael Sidgmore, Co-Founder of Broadhaven Ventures and creator of the Alt Goes Mainstream podcast, shares insights into the booming world of alternative investments. He discusses how traditional and private wealth channels are merging to meet changing investor demand. Sidgmore delves into the evolution of private markets, innovative strategies in wealth management, and the increasing appeal of evergreen structures. He highlights the crucial role of technology and brand identity in shaping the future of finance and how these shifts are impacting both investors and the industry at large.

Rodrigo Bitar, Co-founder of 3B1 Partners, delves into navigating investment opportunities in Latin America, focusing on overlooked assets in complex markets like Venezuela. He shares insights on the strategic growth in Venezuela's pharmaceutical sector and the evolving landscape amid economic challenges. Bitar emphasizes the importance of patience, local partnerships, and effective negotiation strategies in volatile environments. He also touches on the benefits of the dollar's adoption in stabilizing markets, opening paths for potential investors.

Rodrigo Bitar, Co-Founder and Managing Partner of 3B1 Partners, shares insights on investing in Venezuela, a region often overlooked due to its political climate. He highlights the potential for significant rewards despite rampant sanctions and economic woes. Bitar discusses the resilience of family-owned businesses and the strategic approaches necessary for successful investments. The conversation also delves into the possible recovery of Venezuela's economy, the impact of global energy shifts, and the optimistic outlook for critical industries.

Small managers face unique challenges in raising capital, primarily because investors are hesitant to commit. The conversation delves into the strategies these managers can adopt to prove their worth, emphasizing self-awareness and thorough preparation. Networking emerges as a critical tool in breaking down barriers. The insights offered highlight essential resources and tactics that can tilt the scales in their favor, making the path to investment a bit smoother.

Ben Forman, Founder and Managing Partner of ParaFi Capital, discusses the evolution of blockchain technology and its profound impact on digital assets. He highlights the industry's 'Lehman moment' and the rise of stablecoins as a transformative force. Ben dives into the intricacies of prediction markets, the intersection of AI and blockchain, and changing dynamics in lending. With insights into ParaFi’s innovative strategies, he shares his long-term vision for connecting traditional finance with the digital future.

Ben Forman, Founder and Managing Partner of ParaFi Capital, shares his journey from traditional finance to the fast-paced world of decentralized finance (DeFi). He explores the complexities of underwriting tokens as a new asset class and discusses engagement with DeFi protocols. The conversation covers risks and opportunities in DeFi, including lending, borrowing, and capital allocation strategies. Ben also touches on the role of permissioned DeFi in bridging regulatory compliance and innovation, along with valuable life lessons from chess that resonate in investing.

Join James Aitken, founder of Aitken Advisors, Louis-Vincent Gave, co-founder of Gavekal Research, and Marko Papic, chief strategist at BCA Research, as they dive into the complexities of geopolitical uncertainty impacting global investments. They discuss the changing dynamics of the bond market and the decline of U.S. exceptionalism amidst rising international markets. Insights on adjusting investment strategies in response to currency fluctuations and the risks tied to structured products reveal the need for a nuanced approach in a rapidly evolving landscape.

Louis-Vincent Gave, Founding Partner and CEO of GaveKal, delves into the macroeconomic fallout of Western sanctions following Russia's invasion of Ukraine. He discusses the freezing of assets and its implications for energy prices and military spending. Gave also addresses how these geopolitical shifts may affect China's ambitions, emphasizing the need for unique investment strategies in emerging markets. His insights reflect a deep understanding of global economics shaped by his rich background in research and macro trends.

Marko Papic, Chief Strategist at Clocktower Group and author of "Geopolitical Alpha," provides a fresh, data-driven approach to investing by analyzing geopolitical events. He shares insights on the impacts of the upcoming U.S. Presidential election on markets, emphasizing the importance of recognizing political constraints over preferences. Marko also discusses the rise of ESG investing, the political landscape of private equity, and the potential of emerging markets amidst global shifts. His passion for basketball intertwines with career lessons on finding one’s unique niche.

James Aitken, Founder and Managing Partner of Aitken Advisors, shares his expert insights from the world of macroeconomic consultancy. He reflects on his experience during the Global Financial Crisis and the intricate role of central banks. Aitken challenges market assumptions about interest rates and emphasizes the importance of disciplined investing. He explores global financial complexities, particularly in China and Europe, and discusses the necessity of adapting strategies amidst evolving market conditions. Aitken also highlights the value of continuous learning and self-awareness in investment.