Practical analysis for investment professionals

Alternative Investments


The Private Capital Wealth Equation, Part 2: The Economics Variable

The performance of alternative asset managers is encapsulated in the formula: Wealth = Controls + Economics. Here, we outline the economics component of the equation.

Book Review: Asset Allocation

William Kinlaw, Mark Kritzman, and David Turkington offer advice on a wide range of asset allocation topics, backing up their recommendations with solid quantitative analysis.

The Private Capital Wealth Equation, Part 1: The Controls Variable

Private capital fund managers have developed tools to reduce risk while protecting or even boosting their returns.

Higher Interest Rates: Some Hedge Fund Strategies May Benefit

Rising interest rates will provide a tailwind to three hedge fund strategies, in particular.

Drowning in the Private Equity Pool

What's most surprising about aggregated private market performance calculations? How deeply flawed they are.

Alternative Investments: Predictable Uncertainty in Private Markets

While analytical judgment is considered universal in science, in finance investment decisions are derived from mental heuristics.

Private Equity: Market Saturation Spawns Runaway Dealmaking

Private equity is settling into a rent-extracting, self-dealing trade.

2022 US Wealth Management Outlook: All Aboard the Crypto Train?

Almost three quarters of HNWIs worldwide have expressed confidence in crypto.

The S-Curve: Bending the J-Curve in Private Equity

The J-curve narrative in private equity (PE) investments deserves a quiet obsolescence.

Women and Investing: Six Questions Answered

How have women changed their investing habits since the pandemic went global?