SHEUMACK GMA’s Post

🎄 So timely, right under my tree, my second post on Private Equity performance published on the Portfolio for the Future! blog of CAIA Association. Thanks to the whole CAIA content team! Timely and about time or, in financial terms, duration, which explains how much money is made on a given capital and a given time horizon with Private Funds. A totally different perspective, risk-neutral and time-weighted, paving the way for a more transparent and integrated consideration of private market in the overall portfolio allocation of all investors. A modular and rigorous methodology, matching the outcomes of actual allocations to funds in return terms, over any time horizon. Because a miscalculation of a few basis points compounded over a few years make a sizeable difference for all investors. No one likes an illusion, on their own money! 💰 Enjoy the read and Happy Holydays! #privatemarkets #privateequity #performance #timeweighting #duration #DARC XTAL Markets XTAL Strategies

Time to rethink private market performance metrics? Massimiliano Saccone, CFA, Founder and CEO at XTAL Strategies believes so. He writes that while we've accepted IRR as the go-to metric for private market performance, it's time to question if we're missing the bigger picture: https://bit.ly/3BMHgQz Read the insights now! #PrivateEquity #InvestmentMetrics #PortfolioManagement

As we start the second quarter, we believe private markets are reopening - creating a window of opportunity for sponsors and issuers to take advantage of renewed access to capital. Stifel is proud to present its monthly Private Capital Markets Report. This publication features a summary of recent deal activity, notable placements, and our outlook for future activity. Click below for more, or contact stifelpcmgroup@stifel.com to get in touch with us. #privatecapitalmarkets ##sponsors #issuers #dealactivity

Andrew Goumas, a Manager out of our NA Investments Practice, recently sat down with Ted Wright, VP of Sales at Verity, to discuss some of the research management challenges facing our fixed income clients to understand the key factors an investment manager should consider when thinking about a Research Management System (RMS). See some of the key takeaways below! For the full discussion, read more here: https://lnkd.in/eCfDwaWw #AlphaFMC #AssetManagement #DigitalTransformation #InvestmentManagement #InvestmentTechnology #Research #ResearchManagement #ResearchManagementSystem #RMS

24% of all funds in the interval and tender offer fund market are subject to income incentive or performance fees. Breaking down the funds: Credit funds make up 81% (26 funds) of funds charging income incentive fees. Venture / Private Equity and Specialty funds account for 61% (17 funds) of funds charging total return or net profit fees. The research team at XA Investments LLC is pleased to share with you our XAI Interval Fund Daily Observations. For more information on the interval fund market and to read our full quarterly report on non-listed CEFs, please visit the CEF Market Research page (link below) of XAI’s website and click 'Subscribe' for access to XAI’s online research portal and pricing info. The industry leading report provides actionable insights and consolidated data, including market statistics, IPOs, recent fund filings, sponsor data, and market overview. #IntervalFunds #TenderOfferFunds #XAIConsulting https://lnkd.in/eVxmcaVC

Earlier this fall, MIIIX (Praxis Impact Bond Fund) reached $1 billion in assets. Thank you for your support. As the impact bond market continues to grow, we’re optimistic about the role of impact bonds in a stewardship investing framework. Learn more: https://lnkd.in/e2g75ZG5 #PostiveImpactBonds #FaithBasedInvesting #RealImpact

📊 The key to maximising ROI isn’t just instinct; it’s data. At VPI, we use comprehensive property metrics to inform every decision, from purchase price and cash flow analysis to forecasting equity growth and refinancing potential. By leveraging real-time data, we empower investors to make informed choices that align with their financial goals. Data-driven investments reduce risk and enhance profitability. With metrics in hand, investors can confidently navigate market shifts and optimise their strategies for consistent growth. Interested in data-backed investment strategies? Connect with us and make each property count. #FinanceTips #InvestmentOpportunities #UKRealEstate #PassiveIncome

As CFRA Research anticipated, 3M announced a dividend cut in its Q1 earnings release, ending its status as a dividend aristocrat. Our thematic research titled "3M: Is a Dividend Cut Imminent?" published earlier in April argued that this outcome was likely as 3M works to address its multi-billion dollar litigation settlements. Our thematic research tackles top-of-mind trends and questions among the investment community.

𝐄𝐅𝐅𝐈𝐂𝐈𝐄𝐍𝐓 𝐂𝐀𝐏𝐈𝐓𝐀𝐋 𝐂𝐄𝐋𝐄𝐁𝐑𝐀𝐓𝐄𝐒 𝐀 𝐐𝐔𝐀𝐑𝐓𝐄𝐑 𝐂𝐄𝐍𝐓𝐔𝐑𝐘 𝐎𝐅 𝐈𝐍𝐍𝐎𝐕𝐀𝐓𝐈𝐎𝐍 𝐀𝐍𝐃 𝐒𝐄𝐑𝐕𝐈𝐂𝐄 𝗙𝗿𝗼𝗺 𝘀𝗺𝗮𝗹𝗹 𝗯𝗲𝗴𝗶𝗻𝗻𝗶𝗻𝗴𝘀, 𝗘𝗳𝗳𝗶𝗰𝗶𝗲𝗻𝘁 𝗵𝗮𝘀 𝗴𝗿𝗼𝘄𝗻 𝘁𝗼 𝗯𝗲𝗰𝗼𝗺𝗲 𝗮 𝗹𝗲𝗮𝗱𝗶𝗻𝗴 𝗽𝗿𝗼𝘃𝗶𝗱𝗲𝗿 𝗼𝗳 𝗺𝘂𝗹𝘁𝗶-𝗺𝗮𝗻𝗮𝗴𝗲𝗿 𝗖𝗧𝗔 𝗽𝗼𝗿𝘁𝗳𝗼𝗹𝗶𝗼𝘀 𝗳𝗼𝗿 𝗶𝗻𝘃𝗲𝘀𝘁𝗼𝗿𝘀 𝗮𝗿𝗼𝘂𝗻𝗱 𝘁𝗵𝗲 𝘄𝗼𝗿𝗹𝗱. In 1999 Ernest Jaffarian collaborated with a group of experienced industry veterans to start a firm to maximize the unique benefits of Managed Futures. 25 years later, it has grown to be a leading provider of managed futures solutions to both global institutions and high net worth individuals.   “When I started my career there weren’t a lot of investors who understood the benefits of managed futures. But I dreamed of a day when every institutional investor would have access to quality CTA funds. It is rewarding to see the growing institutional understanding of the role of managed futures in a diversified portfolio. The ‘dream’ is becoming reality,” said Ernest, Founder & Chairman of Efficient.   Efficient started with a very clear sense of mission - a passion for serving clients with excellence and care, creating meaningful growth opportunities for staff and their families, and growing a team that lives its core values. Chad Martinson, CEO/CIO, stated “My hope is that what has shaped Efficient for the last 25 years will be true when Efficient turns 50 – and we are so fortunate to have an experienced and passionate team of leaders who are determined to see this happen.”   Building on its history of providing innovative solutions for institutional investors, Efficient is now broadening its offerings to include wealth management clients and high net worth individuals. Ernest believes that “Managed Futures is such an important part of every portfolio. It is so satisfying for me to see our investors range from the most sophisticated institutions in the world to everyday individuals who live next door”. As a reflection of his commitment to the industry, Ernest serves as a Board Member of the NFA and a member of the Executive Committee and is widely recognized as one of the “founding fathers” of the industry.   About Efficient: Efficient Capital Management®, LLC (Efficient) exists to maximize the unique benefits of Managed Futures for institutions and individuals around the world. Efficient is a leading provider of multi-manager solutions and is registered with the Commodity Futures Trading Commission as a commodity pool operator and the Securities Exchange Commission as an investment adviser.  #investing #multimanager #alternativeinvestments

Great insight