Capital Allocators – Inside the Institutional Investment Industry

Magnus Grimeland, CEO and founder of Antler and co-founder of Zalora, dives into his remarkable journey from a rural Norwegian farm to spearheading a global startup platform. He discusses the rigorous selection process for early-stage entrepreneurs and the essential traits of successful founders, such as resilience and grit. Magnus also shares insights on the innovative strategies Antler employs to support entrepreneurs and the importance of personal growth in investment success, all while emphasizing the need for a values-driven approach to business.

Brad Jacobs, a career CEO and founder of Jacobs Private Equity, shares his expertise on leadership and management. He discusses his successful roll-up strategy that created seven multibillion-dollar companies and the importance of measurable goals. Brad delves into effective delegation, crafting engaging 'electric meetings,' and leveraging M&A opportunities. He also reflects on the intersection of meditation and entrepreneurship, highlighting its role in enhancing creativity and decision-making. His insights offer a valuable playbook for aspiring leaders.

Ron Biscardi, CEO of iConnections, talks about the massive Global Alts conference, the top capital introduction event in the industry. He highlights the staggering 15,000 one-on-one meetings that happen there, showcasing collaboration over competition. Ron dives into how iConnections enhances networking through technology and organized events, backed by major sponsors like Goldman Sachs. He also shares insights on emerging venture capital trends and the upcoming transition to a new venue in Miami, promising an even better experience for attendees.

Sanjay Ayer, a portfolio manager at WCM Investment Management, guides the firm's research with a unique investment mindset. He delves into self-discovery and the balance of confidence and doubt in decision-making. The discussion covers the importance of feedback loops and structured time management for continuous improvement. Ayer emphasizes team dynamics over individual goals to enhance performance and shares his journey towards appreciating the role of culture in driving success. Listeners can expect inspiring insights and valuable lessons from his professional growth.

Paul Black, co-founder of WCM Investment Management, and Mike Trigg, portfolio manager at the same firm, dive deep into transforming a struggling financial company into a $100 billion giant. They discuss the pivotal role of culture, innovative hiring practices, and the need for truth-telling in fostering a supportive workplace. The conversation highlights balancing care with accountability, leadership transitions, and the importance of cultural fit. They also reflect on personal growth, mentorship, and the commitment necessary for long-term success.

Mike Trigg, a partner and portfolio manager at WCM, shares insights from his journey in investment management. He recounts the near demise of WCM and its remarkable resurgence, focusing on the firm's innovative approach to analyzing competitive advantages and corporate culture. Trigg emphasizes the complexities of valuing growth companies, advocating for qualitative assessments over traditional models. Listeners also hear personal reflections from Trigg about hobbies that foster mental clarity, along with lessons on wisdom and relationships.

Paul Black, Co-CEO and portfolio manager at WCM Investment Management, shares his journey from a small boutique to managing $26 billion in global equities. He discusses the art of identifying growth stocks, emphasizing the importance of company culture and competitive advantages. Paul delves into lessons learned from past mistakes, navigating financial challenges, and the contrast between growth and value investing. He also highlights resilience and disciplined decision-making, while reflecting on the importance of work-life balance in today’s fast-paced environment.

Raphael Arndt, the CEO of Australia's Future Fund and former CIO, discusses the transformation of investment strategies post-COVID. He shares insights on redefining portfolio construction through innovative approaches, emphasizing adaptability amid changing market conditions. The conversation delves into the significance of a collaborative organizational culture and the vital role of transparency and diversity in achieving investment goals. Arndt reflects on lessons in personal growth, highlighting the importance of flexibility and open-mindedness in navigating today's financial landscape.

Raphael Arndt, the Chief Investment Officer of Australia's Future Fund, shares his journey from engineering to leading a AU$145 billion sovereign wealth fund. He discusses the nuances of modern portfolio management, emphasizing a one team, one portfolio approach. The conversation delves into investment strategies, particularly the differentiation between skill and market factors. Arndt highlights the importance of flexibility in decision-making, as well as the impact of global trends, such as China's growth, on investment opportunities. His insights on team dynamics and risk management reveal a sophisticated approach to institutional investing.

Chad Summe and Mike Veith, Partners at eGateway Capital, share insights from their unique paths to establishing a firm that focuses on enabling digital supply chains. They discuss unconventional career transitions, emphasizing leadership and collaboration learned through experiences at Procter & Gamble and Merrill Lynch. The duo highlights their investment strategies in growth-stage technologies, the importance of regional connections, and overcoming challenges faced by emerging managers in the evolving investment landscape.