Jack Fornaciari

What's the fast river in alts? Listen to the latest Alt Goes Mainstream podcast with Mercer's Gregg Sommer & CAIS' Neil Blundell to hear how they are helping advisors approach private markets. Gregg, Neil, and I had a fascinating discussion about how the wealth channel can approach alternatives and how they can think about both diligence and customization. We covered: * The case for alternatives. * How advisors currently approach alternatives and how they can think about it differently going forward. * How to think about portfolio construction that includes alternatives. * How alts can help advisors differentiate their practice and attract clients. * Following the fast river in a career and why alternatives are “the fast river.” * The meaning of “structure over strategy.” * The rise in popularity of evergreen funds. Thanks Gregg and Neil for sharing your thoughts and expertise on private markets. Thanks to our sponsor, Ultimus Fund Solutions, for making this episode possible. https://lnkd.in/eBtyw6Fm

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PitchBook Q3 2024 Breakdown showing Add-ons, Carveouts & Divestitures are leading the way to 2024E being 22.5% higher than 2023 in deal value. While that estimate would be below 2022 it's a great first step in the right direction . . . #privateequity E78 #privatecredit

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If you think portfolio risk management is just about diversification, think again. This article sheds light on some surprising strategies that challenge common perceptions. Here are some thought-provoking takeaways: - Did you know that reducing the number of investments in a portfolio can sometimes actually decrease risks? It's all about strategic selection. - Contrary to popular belief, actively managing risk doesn't necessarily mean more frequent trading. In fact, a hands-off approach can be a smart move. - One of the key points discussed is the importance of understanding the correlation between investments, a factor often overlooked in risk management strategies. - Asymmetric risk and the role it plays in portfolio management is explored, offering a fresh perspective on balancing risk and return. - Ever considered tail risk hedging? This article dives into this lesser-known strategy that can enhance risk management effectiveness. Share your thoughts and feelings on these unconventional risk management strategies. https://lnkd.in/ecgSpH93

Honored to be published in Thesis Driven on how to bridge public and private real estate assets.

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I'm looking forward to Opalesque's workshop next week where I will be discussing how to maximize results from cap intro and webinar events. Session 1: Thursday Aug. 22nd 11 am ET 1. Don A. Steinbrugge, CFA: Maximizing results from cap intro and webinar events 2. Chris Addy FCA CFA: How not to fail at operational due diligence 3. Matthias Knab: Getting visibility for your firm & strategy in a crowded market Session 2: Thursday Aug. 29th 11 am ET 4. Rebecca Meijlink: Succeeding in cross-border and cross-culture asset raising 5. Paul Das: Institutionalizing your firm with painless IT systems and processes 6. Linus Nilsson: Database marketing & how to pass allocator screens. Register for the free workshop here: https://lnkd.in/dPQtnsqu

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🔑 Insider Tip for SHPE Convention Job Seekers! Did you know that 90% of T. Rowe Price interview slots are filled before we even get onsite? If you want to land interviews and job offers at #SHPE, here’s what you need to do: 1️⃣ Upload your #resume to the #SHPE resume database. 2️⃣ Check your email and respond promptly to interview invites. 3️⃣ Complete all #application steps with each company. Many candidates miss out simply because they don't follow these easy steps. Get ahead by being prepared—this is how you secure interviews before the convention starts! 💼✨ 💼 Why T. Rowe Price #LeadandGrow: Take charge of your career with leadership and growth opportunities. #BeYourself: Thrive in a diverse, inclusive, and supportive culture. #DriveInnovation: Contribute your fresh ideas to a firm that values forward thinking. #FlexibleWork: Enjoy flexible work arrangements that support your balance. #CareerTips #SHPE2024 #JobSearch #InterviewSuccess #DiversityHiring #AFROTECH2024 #ExperiencedProfessionals #SWE #SoftwareEngineers #ProductManagers #UX #DataAnalyst

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Marathon Asset Management is pleased to announce the reset of Marathon CLO 2020-15. The reset reinstated the CLO's reinvestment period for another five years and upsized into a $462 Million structure. The fact that a CLO manager has the ability to lower its liability cost via refinancing, while also extending maturities through a reset is one more factor while CLO Equity is viewed as a compelling investment opportunity. Resets and refinancings have the potential to add additional cash-flow that accrues to the CLO Equity.

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My colleagues at BIP Capital work hard to meet the private market investing needs of HNWIs and the RIAs who serve them. The potential for compounding returns is a critical consideration, so we've put together a short, straightforward explanation of what they are and how they work. We also want to help our clients understand how evergreen funds like the BIP Ventures Evergreen BDC encourage compounding returns. Because they offer patient capital and reinvestment opportunities, evergreen funds can move high-performing portfolio startups to optimal outcomes. That's good for investors who are willing to take a longer view. If you want to get the inside knowledge on this important topic, check out our "Expert Guide to Compounding Returns with Evergreen Funds." https://lnkd.in/efXAbibV BONUS: If you're an RIA, join us for a brief informational session tomorrow (June 11th) at 2:00 pm EST. You'll get useful information from some of the most seasoned, intelligent authorities in private market investing. Mark Flickinger Phil Davidson #CompoundingReturns #EvergreenFunds #WealthManagement #LongTermInvestment #PrivateEquity #HNWIs #FamilyOffices #RIAs #BIPCapital #BIPVentures 📣 BTW, webinar seats close EOD today, so grab yours now. (Shhhhh.... if you miss it, DM me and I'll be glad to help you out.) https://hubs.ly/Q02B7zL40

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In 2013, Lori Torres felt an undeniable spark when she conceived the idea for Parcel Pending, a smart locker solution designed to tackle the package crisis in apartment buildings. Despite being the primary breadwinner in her family with a thriving real estate career, she took a monumental risk. She left her secure job, sold the family’s cherished home, and even persuaded her mother to risk her property for a loan. Within a year of these sacrifices, Lori had developed her first smart lockers. Her innovation soon caught on, with her lockers becoming a key solution for property management companies and residents. By the end of 2014, Lori’s commitment had not only secured her first major order but also attracted investors, setting the stage for tremendous growth. Within six years, Parcel Pending was sold for $100 million, turning her mother’s loan into a $1 million return and ensuring her family's future. Lori’s story highlights a key lesson for anyone seeking investors: truly committing to your vision can make a world of difference. By investing your own resources and security, you show investors just how dedicated you are to your idea. When you put everything on the line, it not only proves your commitment but also makes a strong case to potential backers. If you’re all in, it’s far easier to convince others to believe in your dream, and it could be the turning point in making it a reality. Are you prepared to go all in on your entrepreneurial dreams? Grab a copy of my book, “Thinking Bigger”, at the link below to read my personal experience chasing my dream and the advice I would share to anyone starting today. https://lnkd.in/dZpQYX6D #Entrepreneurship #WomenInBusiness #Startups #Investment #ThinkBigger

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How does a brand distinguish itself in an increasingly crowded market? This question was thoughtfully explored in a recent podcast featuring Eric Bandholz, founder of Beardbrand. He emphasizes that success isn't merely about revenue; it's about forging authentic connections with your customers. Bandholz champions storytelling as a vital tool for independent brands, allowing them to resonate deeply with their audience—something big retailers often overlook. Moreover, he shares insights from his journey, highlighting the balance between business growth and maintaining personal freedom. Both ambition and values shape a company's path—harnessing authentic experiences rather than succumbing to growth for growth's sake. Given the current economic climate, understanding these concepts becomes even more crucial for entrepreneurs and investors alike. As we navigate through opportunities and challenges, reflecting on the cultural aspects of business can provide a vital edge. What strategies have you implemented in your business to connect with your audience on a deeper level? #Entrepreneurship #BrandStrategy #CustomerEngagement #Storytelling #FinancialConsulting #Beardbrand https://lnkd.in/gVTF6-_X

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Everyone I speak with in the solutions industry agrees that the current solutions evaluation and search approach is sub-optimal. My partner Ravi Venkataraman, CFA is leading Chestnut's work toward a holistic investment solutions evaluation framework that will better serve investors and all industry participants. Ravi gives a good overview of our new framework in the clip below, and there are tons of great stories and details in the full podcast (replay link in the post below). #investmentsolutions #OCIO #assetmanagement #institutionalinvestors #investmentconsultants #wealthsolutions

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Great insights for institutional and individual investors alike.

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It's interesting to see how valuation trends have shifted, especially the decline in up rounds this year. This data is crucial for founders and investors to set realistic expectations in a tougher fundraising climate. Understanding these trends can really help in planning for the future! 👏

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There is no escaping Ozempic and Wegovy. Diabetes and obesity drugs are global phenomena. They've won over the rich and famous, generated billions in sales, and blown open a new market for weight-loss drugs, which Goldman Sachs estimates will reach $100 billion annually by 2030. Investors are closely eyeing the potential implications of obesity medications on the food industry, despite the early stages of their widespread adoption. Thus, investors are closely tracking these developments, anticipating how shifts in consumer behavior driven by pharmaceutical interventions could reshape market dynamics and present challenges and opportunities in future years. Learn more in our latest insight: https://lnkd.in/eM36Rb5w #ozempic #wegovy #marketrends #privateinvesting #alternativeinvesting #hedgefunds #biotech #pharma #innovation For registered investment advisors only. IMPORTANT DISCLOSURE: https://lnkd.in/e3VJtU2Q

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In PE, when you buy a company you're in business with the founders & the management team even though the PE firm owns the company. Success is a function of collaborative partnership & teamwork. PE firms that have this partnership philosophy are well positioned on the path to achieve top decile IRR. #pe #privateequity

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A thoughtful look at a timely topic in our current valuation and debt cycle.

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Having a Cars and Capital event tomorrow in Southern California with Oren Klaff. If you want to join message me. https://lnkd.in/gDQ4D39u Oren Klaff Bridger Pennington #InvestorEvent #FamilyOffice #InvestmentOpportunity #CarlsbadEvent #PrivateEquity #WealthManagement #InvestmentConference #CapitalRaising #NetworkingEvent #IndustryLeaders #FinancialGrowth #InvestorsMeetup #WealthBuilding #BusinessGrowth #InvestmentForum

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Unfortunately, as human beings, we are prone to behavioral tendencies and mental shortcuts that don’t always work in our favor. When we see or hear information—especially if it comes across as alarming—we may fixate on it in counterproductive ways. For instance, how information is presented can have a bigger impact on how we feel about it than the facts themselves. This framing bias is what convinces you to see a glass as half full or half empty. In this case, seeing a 1,000-point drop in a market index might lead you to panic and sell investments, or at least feel nervous about sitting tight. It might help your emotional and fiscal well-being to remember that “big” point drop is also a much smaller 2.6% decline. So, what’s an investor to do? First, recognize the role your emotions play in processing this kind of information. When you encounter what seems like a scary statistic, ask yourself whether it’s actually that scary. Is the stat giving you all the information you need? Is it presented out of context or hiding anything? Is it being used to sensationalize a story to snag your valuable attention? If so, it may pay to be suspicious of it. Read the full article here for more. https://buff.ly/47siX5H #financialplanning #investing #Denver

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