Podcasts about capital markets

Bryan Pascoe, Chief Executive of ICMA, reflects on ICMA's role and priorities in the international capital markets.

(0:00) Intro(1:14) About the podcast sponsor: The American College of Governance Counsel(2:00) Start of interview(2:36) Erik's origin story(4:14) Discussing Foreign Private Issuers (FPIs): His article "SEC Revisits Foreign Private Issuer Eligibility" (June 2025)(16:45) The Rise of AI and Its Implications. Discussion on "AI Washing"(19:30) Distinguishing statutory mandates between the SEC, FTC, and DOJ on regulatory oversight of AI(20:40) The evolving crypto regulatory landscape "It's a pretty big sea change" "[Now it's] all about bright line rules (vs flexible standards) and trying to provide a lot more certainty to the market."(23:24) Cybersecurity Threats and Board Responsibilities. Two requirements from SEC: 1) public companies must disclose material cybersecurity incidents within four business days after determining that that incident was material, and 2) disclosure in a company's annual report about its risk management strategy and governance around cybersecurity. "The real focus is on the material cybersecurity incident reporting."(29:43) Current Trends in IPOs, SPACs and M&A (Liquidy Exits)(32:32) SEC Priorities in 2025 and beyond. "The SEC leadership has underscored a back-to-basics approach. What this means is focusing more on clear fraud and fraud that is scienter-based." "They're [also] going to emphasize much more quantitative materiality rather than qualitative materiality." "[This] is another example of how this SEC is focused on bright line rules." (36:51) SEC Enforcement in Private Markets *Mention of the Startup Litigation Digest.(40:31) The Shift from Delaware to Nevada, Texas, and Impact of Delaware's SB21.(48:08) Books that have greatly influenced his life:Against the Gods: The Remarkable Story of Risk, by Peter L. Bernstein (1996)A Random Walk Down Wall St, by Burton Malkiel (1973)The Sound and the Fury, by William Faulkner (1929)(48:54) His mentors(50:16) Quotes that he thinks of often or lives his life by.(50:48) An unusual habit or an absurd thing that he loves.(51:13) The living person he most admires.Erik Gerding is a Capital Markets partner at Freshfields advising on securities regulation, financial markets and corporate governance. Until the end of 2024, Erik served as the SEC's Director of the Division of Corporation Finance. You can follow Evan on social media at:X: @evanepsteinLinkedIn: https://www.linkedin.com/in/epsteinevan/ Substack: https://evanepstein.substack.com/__To support this podcast you can join as a subscriber of the Boardroom Governance Newsletter at https://evanepstein.substack.com/__Music/Soundtrack (found via Free Music Archive): Seeing The Future by Dexter Britain is licensed under a Attribution-Noncommercial-Share Alike 3.0 United States License

Big banks, big tech, and big questions about inflation. This week's earnings and economic data could shape the next move for markets and the Fed.Just a quick reminder, Capital Markets Quickie is brought to you by AMF Capital AG, Asset Management Frankfurt, your leading provider for individual investment solutions and mutual funds. Visit https://www.amf-capital.de for more information.>>> Make sure to check out my newsletter "Cela's Weekly Insights":https://endritcela.com/newsletter/>>> You can subscribe here to our YouTube Channel “MVP – Main Value Partners”:https://www.youtube.com/@MainValue>>> Visit my website for more information:http://www.endritcela.com>>> Follow me on LinkedIn:https://www.linkedin.com/in/endrit-cela/>>> Follow me on Instagram:https://www.instagram.com/endritcela_official/Disclaimer for "Capital Markets Quickie" Podcast:The views and opinions expressed on this podcast are based on information available at the time of recording and reflect the personal perspectives of the host. They do not represent the viewpoints of any other projects, cooperations, or affiliations the host may be involved in. "Capital Markets Quickie" does not offer financial advice. Before making any financial decisions, please conduct your own due diligence and consult with a financial advisor.

In this Mission Matters episode, ⁠Adam Torres⁠ interviews Emomotimi Agama, Director-General of Nigeria's Securities and Exchange Commission. They discuss Nigeria's new Investment and Securities Act of 2025, the importance of regulatory clarity, combating financial fraud, and preparing Nigeria's capital markets for the digital future. This interview is part of the Milken Global Conference coverage by Mission Matters. Big thanks to the ⁠⁠⁠⁠⁠⁠⁠⁠⁠Milken Institute⁠⁠⁠⁠⁠⁠⁠⁠⁠ for inviting us to cover the conference. Follow Adam on Instagram at ⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.instagram.com/askadamtorres/⁠⁠⁠⁠⁠⁠⁠⁠⁠ for up to date information on book releases and tour schedule. Apply to be a guest on our podcast: ⁠⁠⁠⁠⁠⁠⁠⁠⁠https://missionmatters.lpages.co/podcastguest/⁠⁠⁠⁠⁠⁠⁠⁠⁠ Visit our website: ⁠⁠⁠⁠⁠⁠⁠⁠⁠https://missionmatters.com/⁠⁠⁠⁠⁠⁠⁠⁠⁠More FREE content from Mission Matters here: ⁠⁠⁠⁠⁠⁠⁠⁠⁠https://linktr.ee/missionmattersmedia⁠⁠ Learn more about your ad choices. Visit podcastchoices.com/adchoices

In this Mission Matters episode, Adam Torres interviews Emomotimi Agama, Director-General of Nigeria's Securities and Exchange Commission. They discuss Nigeria's new Investment and Securities Act of 2025, the importance of regulatory clarity, combating financial fraud, and preparing Nigeria's capital markets for the digital future. This interview is part of the Milken Global Conference coverage by Mission Matters. Big thanks to the ⁠⁠⁠⁠⁠⁠⁠⁠Milken Institute⁠⁠⁠⁠⁠⁠⁠⁠ for inviting us to cover the conference. Follow Adam on Instagram at ⁠⁠⁠⁠⁠⁠⁠⁠https://www.instagram.com/askadamtorres/⁠⁠⁠⁠⁠⁠⁠⁠ for up to date information on book releases and tour schedule. Apply to be a guest on our podcast: ⁠⁠⁠⁠⁠⁠⁠⁠https://missionmatters.lpages.co/podcastguest/⁠⁠⁠⁠⁠⁠⁠⁠ Visit our website: ⁠⁠⁠⁠⁠⁠⁠⁠https://missionmatters.com/⁠⁠⁠⁠⁠⁠⁠⁠More FREE content from Mission Matters here: ⁠⁠⁠⁠⁠⁠⁠⁠https://linktr.ee/missionmattersmedia⁠ Learn more about your ad choices. Visit podcastchoices.com/adchoices

Markets pulled back from Thursday's highs as Trump escalated tariff threats, this time targeting Canada. But strong moves from Nvidia and Bitcoin kept some risk appetite alive.Just a quick reminder, Capital Markets Quickie is brought to you by AMF Capital AG, Asset Management Frankfurt, your leading provider for individual investment solutions and mutual funds. Visit https://www.amf-capital.de for more information.>>> Make sure to check out my newsletter "Cela's Weekly Insights":https://endritcela.com/newsletter/>>> You can subscribe here to our YouTube Channel “MVP – Main Value Partners”:https://www.youtube.com/@MainValue>>> Visit my website for more information:http://www.endritcela.com>>> Follow me on LinkedIn:https://www.linkedin.com/in/endrit-cela/>>> Follow me on Instagram:https://www.instagram.com/endritcela_official/Disclaimer for "Capital Markets Quickie" Podcast:The views and opinions expressed on this podcast are based on information available at the time of recording and reflect the personal perspectives of the host. They do not represent the viewpoints of any other projects, cooperations, or affiliations the host may be involved in. "Capital Markets Quickie" does not offer financial advice. Before making any financial decisions, please conduct your own due diligence and consult with a financial advisor.

This is a free preview of a paid episode. To hear more, visit andrewsullivan.substack.comEd is the US national editor and columnist at the Financial Times. Before that, he was the FT's Washington Bureau chief, the South Asia bureau chief, Capital Markets editor, and Philippines correspondent. During the Clinton administration, he was the speechwriter for Larry Summers. The author of many books, his latest is Zbig: The Life and Times of Brzezinski, America's Great Power Prophet.For two clips of our convo — on how China played Trump on rare minerals, and Europe's bind over Russian energy — head to our YouTube page.Other topics: growing up in West Sussex near my hometown; the international appeal of English boarding schools; the gerontocracy of the USSR; Ed making a beeline to the Berlin Wall as it fell; Fukuyama's The End of History; Brzezinski's The Grand Failure — of Communism; enthusiasm for free markets after the Cold War; George Kennan warning against Ukraine independence; HW Bush and the Persian Gulf; climate change and migration; a population boom in Africa; W Bush tolerating autocracy in the war on terrorism; Trump tearing up his own NAFTA deal; the resurgence of US isolationism; the collapsing security umbrella in Europe leading to more self-reliance; Germany's flagging economy; the China threat; Taiwan's chips; TACO on tariffs; the clean energy cuts in OBBBA; the abundance agenda; national debt and Bowles-Simpson; the overrated Tony Blair; Liz Truss' “epic Dunning-Kruger”; Boris killing the Tory Party; the surprising success of Mark Carney; Biden's mediocrity; Bernie's appeal; and the Rest catching up with the West.Browse the Dishcast archive for an episode you might enjoy (the first 102 are free in their entirety — subscribe to get everything else). Coming up: Tara Zahra on the revolt against globalization after WWI, Scott Anderson on the Iranian Revolution, Shannon Minter debating trans issues, Thomas Mallon on the AIDS crisis, and Johann Hari turning the tables to interview me. Please send any guest recs, dissents, and other comments to dish@andrewsullivan.com.

In this episode, Joey Romero sits down with Andrew Falde, Senior Vice President of Capital Markets at DBL Capital, to unpack the inner workings of the DBL Capital Fund. Andrew discusses the fund's purpose, strategic approach, and regulatory compliance. He also shares insights on today's capital raising environment, current and future market trends, and how DBL handles investor liquidity and waterfall distribution. Whether you're a passive investor or fund manager, this episode offers valuable takeaways on navigating capital markets with clarity and confidence. Andrew Falde is the Senior Vice President of Capital Markets, whose extensive background spans Wall Street, private equity funds, and institutional investment groups. With over $300 million in real estate transactions under his belt, Andrew brings a deep understanding of deal structuring, capital raising, and long-term value creation. In this episode, he shares valuable insights into navigating today's capital markets, building scalable investment strategies, and aligning finance with real estate growth.In this episode:Joey Romero introduces Andrew Falde, Senior Vice President of Capital Markets at DBL Capital.DBL Capital Fund Overview: The purpose and mission behind the DBL Capital Fund.Fund Strategy & Compliance: Discussion on the fund's investment strategy and how it aligns with SEC regulations.Insights into the current real estate and capital markets, along with future expectations.Capital Raising Challenges: Andrew shares the biggest obstacles when raising capital in today's environment.Investor Liquidity & Distributions: Explanation of liquidity options and how waterfall distributions are structured for investors.The Norris Group originates and services loans in California and Florida under California DRE License 01219911, Florida Mortgage Lender License 1577, and NMLS License 1623669.  For more information on hard money lending, go www.thenorrisgroup.com and click the Hard Money tab.Video LinkRadio Show

Are you building your budget—or defending your assumptions?In this episode of Corporate Finance Explained, we explore how cognitive bias quietly influences financial decisions in forecasting, capital planning, and corporate strategy.Whether you're in FP&A, M&A, or treasury, understanding behavioral finance can help you avoid critical missteps caused by overconfidence, anchoring, or groupthink.

Stocks rose again Thursday, with fresh highs across the board. Nvidia held above four trillion, bitcoin broke new ground, and Trump kept up the tariff pressure.Just a quick reminder, Capital Markets Quickie is brought to you by AMF Capital AG, Asset Management Frankfurt, your leading provider for individual investment solutions and mutual funds. Visit https://www.amf-capital.de for more information.>>> Make sure to check out my newsletter "Cela's Weekly Insights":https://endritcela.com/newsletter/>>> You can subscribe here to our YouTube Channel “MVP – Main Value Partners”:https://www.youtube.com/@MainValue>>> Visit my website for more information:http://www.endritcela.com>>> Follow me on LinkedIn:https://www.linkedin.com/in/endrit-cela/>>> Follow me on Instagram:https://www.instagram.com/endritcela_official/Disclaimer for "Capital Markets Quickie" Podcast:The views and opinions expressed on this podcast are based on information available at the time of recording and reflect the personal perspectives of the host. They do not represent the viewpoints of any other projects, cooperations, or affiliations the host may be involved in. "Capital Markets Quickie" does not offer financial advice. Before making any financial decisions, please conduct your own due diligence and consult with a financial advisor.

A regular speaker at the FS Club, EU Regulatory Expert David Doyle is back to give a new year update on the EU financial services regulatory agenda.He will be covering some of the most contentious and game-changing pieces of EU legislation in the financial services space, notably:Digital Operational Resilience Act - are we adequately covered in the financial services space?Reducing the reporting and disclosure requirements linked to ESG and sustainabilityNew EU orientation; the EU Savings and Investment UnionSpeaker:Dr David Doyle is known across Europe as a leading expert on EU financial services regulation and long-standing speaker at the Financial Services Club. A former diplomat with over 20 years of service on mainland Europe at bilateral and multilateral level, he now acts as an EU Policy Advisor between Brussels and London, specialising in regulatory developments in banking, fund management and insurance.He is a member of the Executive Board of the joint MEP-EU industry advocacy body, The Kangaroo Group at the European Parliament, holds a seat on the Board of Directors of the Genesis Initiative at Westminster that promotes entrepreneurship and SME policy, as well as being active in the Transatlantic Business Council on Capital Markets and the Conference Board Corporate Governance Council.

Send us a text◆ Stellar conditions for issuers across the bond market ◆ How bond issuance will pan out over the rest of the year ◆ Dedollarisation discussedThe relatively few issuers that took advantage of the primary market this week were well rewarded. US tariffs were kicked down the road once more meaning low volatility and so investors were happy to chase what deals they could find.But is the market about to quieten down for the summer just when it seems there could not be a better time to issue bonds? We look at the arguments for and against and take the pulse of primary across SSAs, FIG, covered bonds, corporate bonds and emerging markets.And we don't just think about when issuance will resume in size but also what the market will look like in the future with dedollarisation a growing topic for investors and issuers alike.

Today's guest is Chris Hyzy. Chris is Managing Director and Chief Investment Officer supporting Bank of America Private Bank and Merrill Lynch (within Bank of America Corporation). He leads investment strategy, asset allocation, equity and fixed income management, due diligence, and wealth planning guidance.   Previously, he was CIO and Chief Investment Strategist for the Private Bank at Bank of America. Before that, he held senior investment roles at Citigroup Private Bank, including CIO for Latin America and chair of the Global Investment Themes Committee. He also led investment strategy teams at Merrill earlier in his career.   Chris holds a bachelor's degree in business from Villanova University and an MBA in finance from NYU's Stern School of Business. He serves on Villanova's board of trustees and has held other advisory and nonprofit investment roles.   In today's episode, we discussed:   · Chris shared his early career story, which began at Merrill in 1991, learning about finance after being cut from the baseball team at Villanova & focusing instead on investing. · Discussion of Chris's experience coaching sports (football, basketball) and keeping his competitive edge outside of work, noting his national championship softball team. · Chris described the BofA Chief Investment Office (CIO) structure, highlighting manager due diligence, thought leadership, portfolio management, & wealth structuring. · Emphasis on encouraging team members to pursue the CFA designation (worth noting he was a CFA candidate before he pursued his MBA at NYU) · Discussed the balance of absolutes vs. probabilities in market forecasting, including the importance of scenario planning, with their current base case being a “soft patch” rather than an imminent recession, referencing the resilience of the consumer and job market. · Exploration of valuations, equity allocations, and continuing opportunities in global markets & alternative assets as a diversifier. · Chris spoke about the evolving office market in commercial real estate, seeing “slow burn” adjustments and repositioning as potential outcomes. · Final thoughts touched on best practices for young professionals: keys being curious, prepared, & disciplined. · Chris named Babe Ruth and Lou Gehrig as two historical figures he would want to interview if the tables were turned & he were the host of the Investors First Podcast.   Today's hosts are Steve Curley, CFA (Co-Managing Principal at 55 North Private Wealth) & co-host Steven Rogers, CFA (VP, Capital Markets at Hillpointe).   Please enjoy the episode. You can follow us on Twitter & LinkedIn or at investorsfirstpodcast.com

In this episode, we sat down at Permissionless with Felipe and Noah from Theia to cover crypto's macro environment, stablecoin market dynamics, and the evolution of onchain interest rates. We also explore fixed-rate lending demand, crypto equities, tokenized assets, transparency frameworks, and trends in TradFi's onchain activity. Thanks for tuning in! As always, remember this podcast is for informational purposes only, and any views expressed by anyone on the show are solely their opinions, not financial advice. -- Bitcoin DeFi is heating up on Aptos, the BTCFi growth chain with nearly $400M in BTC assets supported by a secure, fast, and affordable MVM environment. Aptos users can acquire, hold, and earn attractive BTCFi yields via Echo aBTC and OKX xBTC, without typical bridge risks and high fees.  Explore BTC yield opportunities on Aptos via OKX Earn and Aptos-native platforms https://web3.okx.com/earn/activity/xbtc-aptos  -- Accelerate your app development on Algorand with AlgoKit 3.0—now with native TypeScript and Python support, visual debugging, and seamless testing. Build, test, and deploy smarter with tools designed for speed and simplicity. Start building with AlgoKit today: https://algorand.co/algokit?utm_source=blockworkspodcast&utm_medium=banner&utm_campaign=algokit3&utm_id=algokit3&utm_term=algokit3 -- Follow Felipe: https://x.com/TheiaResearch Follow Noah: https://x.com/TraderNoah Follow Dan: https://x.com/smyyguy Follow Ryan: https://x.com/_ryanrconnor Follow Blockworks Research: https://x.com/blockworksres Subscribe on YouTube: https://bit.ly/3foDS38 Subscribe on Apple: https://apple.co/3SNhUEt Subscribe on Spotify: https://spoti.fi/3NlP1hA Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/ Join the 0xResearch Telegram group: https://t.me/+z0H6y2bS-dllODVh -- Timestamps: (0:00) Introduction (1:59) Macro Outlook (7:59) Demand For Fixed-Rate Lending (10:07) Aptos Ad (10:29) Crypto Equities (17:31) Do We Need Equities Onchain? (26:17) Aptos Ad (26:50) Should Crypto Companies IPO Onchain? (33:22) Disclosure & Transparency (43:26) Algorand Ad (44:01) TradFi's Onchain Activity -- Check out Blockworks Research today! Research, data, governance, tokenomics, and models – now, all in one place Blockworks Research: https://www.blockworksresearch.com/ Free Daily Newsletter: https://blockworks.co/newsletter -- Disclaimer: Nothing said on 0xResearch is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Boccaccio, Danny, and our guests may hold positions in the companies, funds, or projects discussed.

Expanding into emerging markets? Finance teams face a whole new level of risk and opportunity. In this episode of Corporate Finance Explained, we reveal how multinational companies manage currency risk, political instability, and regulatory complexity when operating in fast-growing economies.Learn how Tesla structured its China expansion, how Coca-Cola hedges naira risk in Nigeria, and how Unilever handles pricing and compliance in India.

Stocks bounced back Wednesday as Nvidia hit a historic milestone and the Nasdaq closed at a new record. Tariff threats continued, but investors stayed focused on AI and rate-cut hopes.Just a quick reminder, Capital Markets Quickie is brought to you by AMF Capital AG, Asset Management Frankfurt, your leading provider for individual investment solutions and mutual funds. Visit https://www.amf-capital.de for more information.>>> Make sure to check out my newsletter "Cela's Weekly Insights":https://endritcela.com/newsletter/>>> You can subscribe here to our YouTube Channel “MVP – Main Value Partners”:https://www.youtube.com/@MainValue>>> Visit my website for more information:http://www.endritcela.com>>> Follow me on LinkedIn:https://www.linkedin.com/in/endrit-cela/>>> Follow me on Instagram:https://www.instagram.com/endritcela_official/Disclaimer for "Capital Markets Quickie" Podcast:The views and opinions expressed on this podcast are based on information available at the time of recording and reflect the personal perspectives of the host. They do not represent the viewpoints of any other projects, cooperations, or affiliations the host may be involved in. "Capital Markets Quickie" does not offer financial advice. Before making any financial decisions, please conduct your own due diligence and consult with a financial advisor.

Markets stayed mostly in the red as Trump dug in on tariffs and set a hard August deadline. Copper jumped, pharma slipped, and Prime Day failed to lift Amazon shares.Just a quick reminder, Capital Markets Quickie is brought to you by AMF Capital AG, Asset Management Frankfurt, your leading provider for individual investment solutions and mutual funds. Visit https://www.amf-capital.de for more information.>>> Make sure to check out my newsletter "Cela's Weekly Insights":https://endritcela.com/newsletter/>>> You can subscribe here to our YouTube Channel “MVP – Main Value Partners”:https://www.youtube.com/@MainValue>>> Visit my website for more information:http://www.endritcela.com>>> Follow me on LinkedIn:https://www.linkedin.com/in/endrit-cela/>>> Follow me on Instagram:https://www.instagram.com/endritcela_official/Disclaimer for "Capital Markets Quickie" Podcast:The views and opinions expressed on this podcast are based on information available at the time of recording and reflect the personal perspectives of the host. They do not represent the viewpoints of any other projects, cooperations, or affiliations the host may be involved in. "Capital Markets Quickie" does not offer financial advice. Before making any financial decisions, please conduct your own due diligence and consult with a financial advisor.

In this episode of PwC's Risk & Regulation Rundown podcast series, host Tessa Norman is joined by Mark Batten, PwC UK Banking and Capital Markets (BCM) Leader, and Conor MacManus, Director in PwC UK's Regulatory Insights team, to explore the emerging trends impacting the banking and capital markets landscape. From navigating macroeconomic and geopolitical pressures, to responding to evolving regulatory and consumer expectations, our guests discuss the structural and strategic shifts shaping the future of the BCM sector, and share perspectives on how the sector can boost the UK's mission of economic growth.We also unpack the impact of changing competition dynamics, industry consolidation, and rapid technological transformation - including AI adoption and digital banking - and consider how firms can evolve their business and operating models to remain competitive and thrive amid continued transformation across the sector. Subscribe to the regular series here: https://www.pwc.co.uk/industries/financial-services/risk-and-regulation-rundown-podcast.html

In this episode of the Sustainable Finance Guernsey podcast, host Rosie Allsopp speaks with Claire Dorrian, Head of Sustainable Finance, Capital Markets and Post Trade at the London Stock Exchange Group, about the evolving landscape of sustainability reporting. They discuss the increasing regulatory requirements, the importance of sustainability data for investors, and how companies can leverage reporting to drive business value.Read the latest LSEG sustainability reports hereConnect with Claire on LinkedIn hereConnect with LSEG on LinkedIn hereConnect with Guernsey Finance on LinkedIn

Dave McClure, founder of Practical Venture Capital and co-founder of 500 Startups, dives deep into the growing role of secondaries in venture capital. Dave explains how today's longer startup cycles and liquidity droughts have created opportunities (and confusion) around secondary markets. He breaks down what secondaries actually are, how Practical VC operates, and key trends shaking up the system. With his trademark candor, Dave also shares hard truths for both founders and VCs navigating this next chapter of private markets.In this episode, you'll learn:[03:55] Dave's journey to becoming an investor[06:30] The early evolution of accelerators and why “lots of little bets” took off[09:50] How cloud, open source, and low CAC changed the startup funding game[12:49] Why startup liquidity timelines have doubled—and what that means for founders and LPs[14:56] What secondaries really are (hint: not just one thing)[19:31] Does venture's illiquidity attract the right kind of investors—or just the most patient?[22:06] The discipline of public markets vs. the opacity of private ones[26:37] What Practical VC looks for in a secondary opportunity (and the $50M–$100M revenue rule)[29:14] How Dave screens funds and companies for possible exits[33:37] What's exciting (and worrying) about secondaries, stablecoins, and emerging marketsThe nonprofit organization Dave is passionate about: New StoryAbout Dave McClureDave McClure is the founder of Practical Venture Capital, a firm focused on liquidity through venture secondaries. Previously, he co-founded 500 Startups, one of the world's most active early-stage venture funds. A PayPal alumni and self-described nerd turned investor, Dave has worked across engineering, marketing, and venture roles, investing in hundreds of startups globally. He's known for his honest insights and bold bets on opportunities before they're ‘cool'.About Practical Venture CapitalPractical Venture Capital is a Silicon Valley-based VC secondary firm providing liquidity to GPs, LPs, and founders through targeted secondary investments. Specializing in fund-level and company-level secondaries, Practical VC aims to shorten the venture capital time horizon by backing mature, revenue-generating companies with clear exit paths. The firm focuses on portfolios nearing liquidity and brings a flexible, creative approach to valuation, pricing, and structure.Subscribe to our podcast and stay tuned for our next episode.

The House of Medici, which ruled over Florence for much of the Renaissance period, established a political dynasty with influence built on successful ventures in commerce and banking. The Medicis predated the concept of geoeconomic power, or governments' ability to wield economic might to achieve geopolitical and economic goals. Today, soft power might be giving way to intensifying competition between great powers. Government leaders are increasingly focused on solidifying economic security through trade leverage, tariffs, sanctions and other measures. As a result, potential new investment risks and opportunities are emerging. This episode of The Outthinking Investor discusses how investors can measure their portfolio's exposure to geoeconomic shifts, which economies and sectors could benefit amid a realignment in supply chains, whether the US dollar can maintain its global dominance, and investment strategies that could potentially mitigate risk and capitalize on new opportunities. Our guests are: Matteo Maggiori, finance professor at the Stanford Graduate School of Business Joseph Nye, political scientist and former Dean of Harvard University's Kennedy School of Government Mehill Marku, Lead Geopolitical Analyst at PGIM Do you have any comments, suggestions, or topics you would like us to cover? Email us at thought.leadership@pgim.com, or fill out our survey at PGIM.com/podcast/outthinking-investor. To hear more from PGIM, tune into Speaking of Alternatives, available on Spotify, Apple, Amazon Music, and other podcast platforms. Explore our entire collection of podcasts at PGIM.com.

Behind the Course: Economic Analysis for FP&A – New from CFIIn this episode of What's New at CFI on FinPod, we walk through our latest course release: Economic Analysis for FP&A, co-authored by instructors Mimi Hu and Meeyeon Park. Designed to bridge the gap between academic theory and real-world finance, this course helps learners understand how FP&A teams drive strategic decisions—using scenario analysis, economic trends, and business partnering to influence the direction of a company.Whether you're just starting out or stepping into leadership in FP&A, this episode offers key insights into how the course was built to support you. From practical retail-based examples to the importance of data storytelling and executive-ready presentation skills, Mimi and Meeyeon reflect on the lessons they wish they'd had earlier in their careers—and how this course now delivers them to you.

Markets pulled back from record highs as Trump reignited tariff threats. Tech stocks slid, and investors braced for a volatile July.Just a quick reminder, Capital Markets Quickie is brought to you by AMF Capital AG, Asset Management Frankfurt, your leading provider for individual investment solutions and mutual funds. Visit https://www.amf-capital.de for more information.>>> Make sure to check out my newsletter "Cela's Weekly Insights":https://endritcela.com/newsletter/>>> You can subscribe here to our YouTube Channel “MVP – Main Value Partners”:https://www.youtube.com/@MainValue>>> Visit my website for more information:http://www.endritcela.com>>> Follow me on LinkedIn:https://www.linkedin.com/in/endrit-cela/>>> Follow me on Instagram:https://www.instagram.com/endritcela_official/Disclaimer for "Capital Markets Quickie" Podcast:The views and opinions expressed on this podcast are based on information available at the time of recording and reflect the personal perspectives of the host. They do not represent the viewpoints of any other projects, cooperations, or affiliations the host may be involved in. "Capital Markets Quickie" does not offer financial advice. Before making any financial decisions, please conduct your own due diligence and consult with a financial advisor.

Why are corporations turning to Bitcoin as a strategic asset—and how will Bitcoin treasury companies reshape the financial system over the next 20 years?In episode 7 of the Bitcoin for Corporations, host Pierre Rochard sits down with Jesse Myers, Bitcoin Strategy Advisor at UTXO Management (a sister company of Bitcoin Magazine), to break down the emerging playbook behind Bitcoin treasury companies like MicroStrategy, MetaPlanet, and Smarter Web. From intelligent leverage to the rise of perpetual preferreds, Jesse shares why these firms may soon rival sovereigns in BTC holdings—and why institutional capital is now pouring in.Whether you're a corporate CFO, a macro investor, or a Bitcoiner curious about the next big shift in capital markets, this deep-dive unpacks how Bitcoin-native financial infrastructure is being built in real time.⭐ This episode of the Bitcoin for Corporations Show is sponsored by Ledn, a leading provider of Bitcoin-backed loans.

The latest episode of the Nomad Futurist podcast features Chris Moon, Managing Director at DigitalBridge, offering a thoughtful exploration of the evolving landscape of digital infrastructure finance alongside the personal journey that brought him to the forefront of this dynamic sector. Chris opens the conversation with a clear mission, one shared by co-hosts Nabeel Mahmood and Phillip Koblence: to inspire the next generation by demystifying the path into digital infrastructure. Chris' story stands out as a compelling blueprint for those whose careers may not follow a linear path. He reflects on his current role and the distinct market position of DigitalBridge: “We are the only infrastructure debt fund focused only on digital infrastructure. And we do this with a team of eight of us.... go[ing] out and provid[ing] capital to these businesses that need it to get to the next level.” Chris explains that DigitalBridge's investment strategy is centered on the middle market — companies that are too large for venture capital but not yet ready for public markets or securitization. These businesses, often operating in data centers, fiber networks, and cell towers, require highly specialized and flexible capital to support key phases of growth. As he puts it: “In the middle market, you've got a lot of businesses that have the risk profile of mission-critical infrastructure, yet you can still get the yield that is typically associated with corporate loans. So, that's the risk-return mismatch we're looking for.” The conversation also explores Chris' unconventional career path. Initially aiming for a completely different profession, he shares how a pivot early on led him toward finance and infrastructure — underscoring the value of remaining open to unexpected opportunities: “I initially was an education major when I went to college. I thought I was going to be a History Teacher. That was what I really wanted to do. And then, you know, very candidly, I found out within the first year what a History Teacher makes and realized that just wasn't for me.” Throughout the episode, Chris offers valuable insight into both the technical and human aspects of the digital infrastructure world. His journey — from aspiring Educator to Managing Director of a specialized infrastructure debt fund — highlights the importance of adaptability, subject matter expertise, and seizing opportunities in a rapidly evolving industry. To learn more about Chris Moon's work and insights, connect with him on LinkedIn.

Markets enter the week at record highs as the U.S. tariff deadline looms and Fed minutes take center stage. Prime Day and early earnings offer key insights into consumer strength.Just a quick reminder, Capital Markets Quickie is brought to you by AMF Capital AG, Asset Management Frankfurt, your leading provider for individual investment solutions and mutual funds. Visit https://www.amf-capital.de for more information.>>> Make sure to check out my newsletter "Cela's Weekly Insights":https://endritcela.com/newsletter/>>> You can subscribe here to our YouTube Channel “MVP – Main Value Partners”:https://www.youtube.com/@MainValue>>> Visit my website for more information:http://www.endritcela.com>>> Follow me on LinkedIn:https://www.linkedin.com/in/endrit-cela/>>> Follow me on Instagram:https://www.instagram.com/endritcela_official/Disclaimer for "Capital Markets Quickie" Podcast:The views and opinions expressed on this podcast are based on information available at the time of recording and reflect the personal perspectives of the host. They do not represent the viewpoints of any other projects, cooperations, or affiliations the host may be involved in. "Capital Markets Quickie" does not offer financial advice. Before making any financial decisions, please conduct your own due diligence and consult with a financial advisor.

Is corporate finance about maximizing shareholder value, or should companies focus on broader stakeholder interests? In this episode of Corporate Finance Explained, we explore the evolving debate between shareholder primacy and stakeholder capitalism—and what it means for finance professionals today.Whether you work in financial planning, strategy, or corporate development, this episode provides practical takeaways to help you align financial strategy with long-term value creation.

Markets hit fresh highs after a hot jobs report surprised Wall Street. But the strong data cooled off expectations for a quick Fed rate cut.Just a quick reminder, Capital Markets Quickie is brought to you by AMF Capital AG, Asset Management Frankfurt, your leading provider for individual investment solutions and mutual funds. Visit https://www.amf-capital.de for more information.>>> Make sure to check out my newsletter "Cela's Weekly Insights":https://endritcela.com/newsletter/>>> You can subscribe here to our YouTube Channel “MVP – Main Value Partners”:https://www.youtube.com/@MainValue>>> Visit my website for more information:http://www.endritcela.com>>> Follow me on LinkedIn:https://www.linkedin.com/in/endrit-cela/>>> Follow me on Instagram:https://www.instagram.com/endritcela_official/Disclaimer for "Capital Markets Quickie" Podcast:The views and opinions expressed on this podcast are based on information available at the time of recording and reflect the personal perspectives of the host. They do not represent the viewpoints of any other projects, cooperations, or affiliations the host may be involved in. "Capital Markets Quickie" does not offer financial advice. Before making any financial decisions, please conduct your own due diligence and consult with a financial advisor.

So far, 2025 has been a year of sharp policy shifts and heightened macroeconomic uncertainty. With volatility becoming the new normal, how can investors stay grounded? In this episode of The Bid, host Oscar Pulido welcomes back Glenn Purves, Global Head of Macro at the BlackRock Investment Institute, to break down the firm's 2025 Midyear Outlook.They explore why the long-term economic picture has become less predictable, how mega forces like AI and geopolitical fragmentation are reshaping global economic markets, and what “investing in the here and now” really means. From the role of private capital in funding infrastructure and energy to the balance between strategic and tactical asset allocation, Glenn shares how investors can find opportunity amid uncertainty in the economy—and what risks investors should watch for in the second half of the year.Sources: 2025 Midyear Outlook, BlackRock Investment InstituteKey moments in this episode:00:00 Introduction to 2025 Market Volatility01:55 Introducing the Investment Midyear Outlook02:46 Geopolitical Fragmentation and Mega Forces03:48 3 Investment Themes In 202505:10 Navigating Uncertainty and Risk08:47 The Role of AI and Energy in Investments13:19 Geopolitical Landscape and Trade Policies16:49 Conclusion and Key Takeaways19:30 Summer Series on The Bid

This episode features CII General Counsel Jeff Mahoney covering the top 10 important events affecting institutional investors from June 3-30, 2025.

Why do big companies collapse? And how can corporate finance professionals spot the warning signs before it's too late?In this episode of Corporate Finance Explained, we explore the most common causes of corporate bankruptcy and financial distress, backed by case studies of Lehman Brothers, Toys “R” Us, WeWork, and more.Learn how finance teams use metrics like interest coverage, working capital trends, and debt ratios to assess risk, and how FP&A and treasury roles are critical in crisis management.

Stocks rallied to fresh highs as optimism over trade deals grew, but weak labor data raised bets on a Fed rate cut. All eyes now turn to the upcoming jobs report and Trump's healthcare-heavy budget bill.Just a quick reminder, Capital Markets Quickie is brought to you by AMF Capital AG, Asset Management Frankfurt, your leading provider for individual investment solutions and mutual funds. Visit https://www.amf-capital.de for more information.>>> Make sure to check out my newsletter "Cela's Weekly Insights":https://endritcela.com/newsletter/>>> You can subscribe here to our YouTube Channel “MVP – Main Value Partners”:https://www.youtube.com/@MainValue>>> Visit my website for more information:http://www.endritcela.com>>> Follow me on LinkedIn:https://www.linkedin.com/in/endrit-cela/>>> Follow me on Instagram:https://www.instagram.com/endritcela_official/Disclaimer for "Capital Markets Quickie" Podcast:The views and opinions expressed on this podcast are based on information available at the time of recording and reflect the personal perspectives of the host. They do not represent the viewpoints of any other projects, cooperations, or affiliations the host may be involved in. "Capital Markets Quickie" does not offer financial advice. Before making any financial decisions, please conduct your own due diligence and consult with a financial advisor.

In this episode of The Sound of Economics, host Rebecca Christie discusses how common financial-services supervision could jumpstart the EU single market with Bruegel's Nicolas Véron and Enrico Letta, former Italian prime minister and author of the EU's flagship single-market report. They talk about ways to boost the European Securities and Markets Authority, the current regulator, and move away from national silos by putting ESMA offices in every member state. They also discuss how better capital markets would make the EU more competitive and lead to a stronger and safer European economy. Relevant research: Letta, E. (2024) "Much more than a market - Speed, Security, Solidarity", Report Véron, N. (2025) "Breaking the deadlock: a single supervisor to unshackle Europe's capital markets union", Blueprint, Bruegel

U.S. stocks split directions as Trump's budget bill squeezes through the Senate and investors eye Fed signals. Tech took a hit, but healthcare helped the Dow climb.Just a quick reminder, Capital Markets Quickie is brought to you by AMF Capital AG, Asset Management Frankfurt, your leading provider for individual investment solutions and mutual funds. Visit https://www.amf-capital.de for more information.>>> Make sure to check out my newsletter "Cela's Weekly Insights":https://endritcela.com/newsletter/>>> You can subscribe here to our YouTube Channel “MVP – Main Value Partners”:https://www.youtube.com/@MainValue>>> Visit my website for more information:http://www.endritcela.com>>> Follow me on LinkedIn:https://www.linkedin.com/in/endrit-cela/>>> Follow me on Instagram:https://www.instagram.com/endritcela_official/Disclaimer for "Capital Markets Quickie" Podcast:The views and opinions expressed on this podcast are based on information available at the time of recording and reflect the personal perspectives of the host. They do not represent the viewpoints of any other projects, cooperations, or affiliations the host may be involved in. "Capital Markets Quickie" does not offer financial advice. Before making any financial decisions, please conduct your own due diligence and consult with a financial advisor.

Is corporate finance about maximizing shareholder value, or should companies focus on broader stakeholder interests? In this episode of Corporate Finance Explained, we explore the evolving debate between shareholder primacy and stakeholder capitalism—and what it means for finance professionals today.Whether you work in financial planning, strategy, or corporate development, this episode provides practical takeaways to help you align financial strategy with long-term value creation.

Stocks edged higher on Monday as trade tensions eased and tech rallied. Hopes for a rate cut and fresh trade deals added momentum ahead of a holiday-shortened week.Just a quick reminder, Capital Markets Quickie is brought to you by AMF Capital AG, Asset Management Frankfurt, your leading provider for individual investment solutions and mutual funds. Visit https://www.amf-capital.de for more information.>>> Make sure to check out my newsletter "Cela's Weekly Insights":https://endritcela.com/newsletter/>>> You can subscribe here to our YouTube Channel “MVP – Main Value Partners”:https://www.youtube.com/@MainValue>>> Visit my website for more information:http://www.endritcela.com>>> Follow me on LinkedIn:https://www.linkedin.com/in/endrit-cela/>>> Follow me on Instagram:https://www.instagram.com/endritcela_official/Disclaimer for "Capital Markets Quickie" Podcast:The views and opinions expressed on this podcast are based on information available at the time of recording and reflect the personal perspectives of the host. They do not represent the viewpoints of any other projects, cooperations, or affiliations the host may be involved in. "Capital Markets Quickie" does not offer financial advice. Before making any financial decisions, please conduct your own due diligence and consult with a financial advisor.

We kickoff with a macro capital markets 1H'25 lookback and 2H'25 look ahead, dig in on how industrial software has gone from “relative obscurity” +15 years ago to now one of the biggest sectors in software today, discuss how the exit environment for industrial innovation is shaping up going into the fall and which sectors are showing the most green shoots,  and finally search for the signal from the noise when it comes to AI's impact on industrials. 

President Trump's tax deadline looms while markets eye a possible Gaza ceasefire. Inflation data and U.S. job numbers add to a packed short week ahead of Independence Day.Just a quick reminder, Capital Markets Quickie is brought to you by AMF Capital AG, Asset Management Frankfurt, your leading provider for individual investment solutions and mutual funds. Visit https://www.amf-capital.de for more information.>>> Make sure to check out my newsletter "Cela's Weekly Insights":https://endritcela.com/newsletter/>>> You can subscribe here to our YouTube Channel “MVP – Main Value Partners”:https://www.youtube.com/@MainValue>>> Visit my website for more information:http://www.endritcela.com>>> Follow me on LinkedIn:https://www.linkedin.com/in/endrit-cela/>>> Follow me on Instagram:https://www.instagram.com/endritcela_official/Disclaimer for "Capital Markets Quickie" Podcast:The views and opinions expressed on this podcast are based on information available at the time of recording and reflect the personal perspectives of the host. They do not represent the viewpoints of any other projects, cooperations, or affiliations the host may be involved in. "Capital Markets Quickie" does not offer financial advice. Before making any financial decisions, please conduct your own due diligence and consult with a financial advisor.

In a recent BlackRock survey of registered voters, more than 75% of retirees said they wished they had saved more money for retirement. And with the recent passage of the SECURE 2.0 Act now in effect, opening up new opportunities for savers, investors are considering how to save and build wealth for the future. Shoring up emergency savings is protective of retirement savings, according to research by The BlackRock Foundation. So how can investors ensure they're pulling all the levers at their disposal to retire on their own terms?Rob Crothers, Head of U.S. Retirement for BlackRock, will discuss the current state of the retirement landscape and help us unpack a toolkit for retirement savers that's been proposed by the Bipartisan Policy Center and how investors and employers can plan for the future.Key moments in this episode:00:00 Introduction: The Importance of Saving for Retirement00:17 Exploring the SECURE 2.0 Act and Retirement Universals02:01 Current Retirement Landscape and Policy Changes04:06 BlackRock's D.C. Retirement Summit and Key Recommendations06:28 Mechanisms for Better Saving Behavior11:40 Encouraging Early Financial Education14:24 Market Volatility and Long-Term Saving Strategies16:50 Actionable Retirement Considerations18:18 Conclusion and Upcoming TopicsCheck out this playlist on investing for retirement here: https://open.spotify.com/playlist/08Fx1iZaBwLclqpswIbjUq

How do companies decide between paying dividends and reinvesting profits? In this episode of Corporate Finance Explained, we break down the key considerations behind corporate dividend policy and why it's such a powerful tool for shaping investor sentiment and long-term strategy.

With fewer transactions to measure, what's happening in real estate capital markets, and what's next? Kev Zoryan (Arselle Investments) joins Richard K. Green (USC Lusk Center for Real Estate) to explore the state of capital markets and how today's environment is reshaping investment strategy. Zoryan shares his path from private equity to launching his own firm addressing the succession gap he sees in real estate organizations.  Highlights include: - Why matching capital to strategy is more critical than ever - How return metrics have evolved and what to prioritize - Where the US stands as a priority for global capital amid uncertainty - What refinancing challenges may still loom for commercial real estate More: http://lusk.usc.edu/perspectives

Warmer days are on the horizon, and while many of us are planning our next vacation spots, others are looking back at the half year and recalibrating their portfolios for what lies ahead. What happened to markets in the first half of the year? What can we expect as we move into the year's final stretch? Tune in to our new podcast episode as our Co-Chief Investment Strategists Kevin Headland and Macan Nia discuss the opportunities and risks affecting the global economy, including U.S. tariff policy, decelerations in global manufacturing, and the role of corporate earnings as a potential driver of market performance. Will the chaos and unpredictability witnessed during the first six months of 2025 prevail in the months ahead? Listen in to our episode for all this and more. Intended for Investment Professionals, investors should connect with their financial advisor for more information

Why do companies spin off parts of their business, and how does it create shareholder value?In this episode of Corporate Finance Explained, we explore the core strategies behind corporate restructuring, including spin-offs, carve-outs, and divestitures.

It has been said that personal growth is the cornerstone of effective leadership. That may be to the fact that personal growth and leadership are so intertwined. Zach Springer, partner and head of Capital Markets for RPM Living, discusses the importance of the leader and personal growth. Turning total strangers in an apartment community into neighbors who know and care for one another takes a blend of science and art. Bailey Gibbs shares how she uses data and resident preferences from her four communities to plan events that foster meaningful connections. She also highlights how adding personalized care and kindness is the finishing touch that makes it all come together. It's a winning formula.  

In this episode of What's New at CFI on FinPod, we spotlight CFI's new course “Forecasting Techniques” with expert instructor Duncan McKeen. If you've ever wanted a clear breakdown of how forecasting actually works inside a company, this conversation walks through the course's learning objectives with practical context, examples, and insights into corporate best practices.From aligning forecasts with strategic goals to performing variance analysis and improving forecast accuracy over time, Duncan outlines what finance teams need to know. Whether you're in FP&A, business planning, or building your forecasting skills to support better decision-making, this episode breaks it down clearly and effectively.

Season 3, Episode 3: Tommy Lee, Global Head of Capital Markets at Trammell Crow Company, joins No Cap podcast for a deep dive into the return of institutional capital—and what it signals for commercial real estate in 2025. Under Lee's leadership, Trammell Crow has raised and deployed over $22 billion since 2018, fueling large-scale development across major U.S. markets. In this episode, he breaks down how global capital is reentering the space, what risks are being mispriced, and why some deals just don't pencil—no matter how they look on paper. We discuss: – The return of institutional investors and what it means for deal flow – Execution risk and capital stack dynamics in today's market – Why distressed deals might not be the opportunity everyone thinks – The illusion of “risk-free” Treasuries and potential cracks in the system Thomas doesn't hold back—and his perspective offers rare insight into how one of the industry's top players is navigating the current CRE landscape. TOPICS 00:00 – Introduction 05:00 – CRE Pipeline Activity and Investor Sentiment 10:00 – Managing Relationships and Finding Real Opportunity 15:00 – Office Skepticism and Repositioning Challenges 20:02 – What the Capital Markets Team Is Seeing Nationwide 25:00 – Risk, Return, and Raising Capital in Today's Climate 30:00 – Creative Structuring and Non-Traditional Capital 35:00 – What LPs Care About in 2025 40:00 – Regional Plays, Execution Risk, and Exit Timing 45:00 – What Makes a Deal Worth Saying No To 50:00 – Advice for the Next Generation of Real Estate Leaders Shoutout to our sponsor, InvestNext. One platform to raise and manage capital for real estate investment. For more episodes of No Cap by CRE Daily visit https://www.credaily.com/podcast/ Watch this episode on YouTube: https://www.youtube.com/@NoCapCREDaily About No Cap Podcast Commercial real estate is a $20 trillion industry and a force that shapes America's economic fabric and culture. No Cap by CRE Daily is the commercial real estate podcast that gives you an unfiltered ”No Cap” look into the industry's biggest trends and the money game behind them. Each week co-hosts Jack Stone and Alex Gornik break down the latest headlines with some of the most influential and entertaining figures in commercial real estate. About CRE Daily  CRE Daily is a digital media company covering the business of commercial real estate. Our mission is to empower professionals with the knowledge they need to make smarter decisions and do more business. We do this through our flagship newsletter (CRE Daily) which is read by 65,000+ investors, developers, brokers, and business leaders across the country. Our smart brevity format combined with need-to-know trends has made us one of the fastest growing media brands in commercial real estate.

The global investment environment is full of uncertainty — from inflation, growth dynamics, to policy shifts and geopolitical tensions. Investors are seeking clarity and ways to unlock more consistent investment outcomes during a period of unpredictable conditions. Innovations in data analytics and technology are helping investors better understand markets not just in during turbulent times, but in everyday decision making. But is AI the answer to consistent investment performance, and how can human judgment have the potential to create more resilient investment results? Enter systematic investing, that blends human insight and machine learning to pursue consistent alpha in volatile markets through disciplined processes, alternative data, and continuous innovation.Ronald Kahn, Global Head of Systematic Investment Research at BlackRock, has played a foundational role in shaping the field of quantitative investing over the past few decades. He joins host Oscar Pulido to talk about what it means to pursue consistent alpha in today's markets, how data and technology have evolved investors' expectations and how systematic investing continues to deliver potential in uncertain conditions.Key moments in this episode:00:00 Investment Uncertainty in 202502:23 Pursuing Consistent Alpha in Volatile Markets04:02 The Role of Data and Technology04:26 Alternative Data in Action07:53 Systematic Investing and Technology12:44 Human and Machine Collaboration16:07 Considerations for Individual Investors18:47 Conclusion and Next Episode PreviewCheck out the full series covering tariffs and market volatility on The Bid: https://open.spotify.com/playlist/3iiZbbNz3eI08zXGZ4n3LI?si=TNiOrYRoSxyXVsbwsBs68Q

What changed, what didn't, and what does it all mean for investors today? Twelve months ago, Paul Fiorilla of Yardi Matrix shared a cautiously optimistic outlook on multifamily real estate despite rising interest rates. Now, in June 2025, he returns to assess how that outlook held up. In this episode, Paul and host Jeannette Friedrich take a data-driven look at the key shifts in market fundamentals, capital flows, rent dynamics, and global headwinds, and what these mean for the road ahead. Key Takeaways: - Multifamily demand remained strong through 2024 but is expected to moderate due to slowing job growth, reduced immigration, and corporate return-to-office mandates - Interest rates have not declined as anticipated, keeping refinancing difficult and limiting transaction volume across the market - Distress exists but remains isolated, with capital still available for loan workouts, preferred equity, and mezzanine solutions - Sunbelt markets continue to experience rent softness due to oversupply, even as new construction slows significantly - Renewal rents are outperforming asking rents, reinforcing the value of tenant retention over new lease growth assumptions - Conservative underwriting is critical, particularly in assuming flat or modest rent growth and avoiding reliance on overly optimistic projections - Investors should prioritize experienced sponsors with strong balance sheets and a track record of navigating challenging environments - Geopolitical shifts, including trade policy and U.S. retrenchment from global leadership, introduce new macroeconomic risks that may influence capital flows and inflation Timestamps 00:00 Introduction and Guest Reintroduction 01:22 Market Overview and Risk Assessment 02:19 Property Fundamentals and Demand Drivers 05:49 Capital Markets and Financing Challenges 15:30 Regional Market Insights and Rent Growth 23:57 Geopolitical Risks and Future Outlook Are you REady2Scale Your Multifamily Investments? Learn more about growing your wealth, strengthening your portfolio, and scaling to the next level at www.bluelake-capital.com. Credits Producer: Blue Lake Capital Strategist: Syed Mahmood Editor: Emma Walker Opening music: Pomplamoose *

In this episode, Natalie Brunell chats with Dylan Leclair, Director of Bitcoin Strategy at Metaplanet. What you'll learn: Why Metaplanet transitioned away from hotels to a Bitcoin-first strategy   Tax advantages for Bitcoin equities based in Japan Why Metaplanet has been issuing strike warrants Metaplanet's 555 Million Plan How Michael Saylor is "fixing" the capital markets What are Strategy's $STRF, $STRK, and $STRD instruments? Why Dylan is bullish on $SMLR and other corporate Bitcoin treasuries ---- Coin Stories is powered by Bitwise. Bitwise has over $10B in client assets, 32 investment products, and a team of 100+ employees across the U.S. and Europe, all solely focused on Bitcoin and digital assets since 2017. Learn more at https://www.bitwiseinvestments.com  ---- Coin Stories is also powered by Bitdeer Technologies Group (NASDAQ: BTDR) is a publicly-traded leader in Bitcoin mining and high-performance computing. Learn more at https://www.bitdeer.com  ---- Natalie's Bitcoin Product and Event Links: Secure your Bitcoin with collaborative custody and set up your inheritance plan with Casa: https://www.casa.io/natalie  Block's Bitkey Cold Storage Wallet was named to TIME's prestigious Best Inventions of 2024 in the category of Privacy & Security. Get 20% off using code STORIES at https://bitkey.world   Master your Bitcoin self-custody with 1-on-1 help and gain peace of mind with the help of The Bitcoin Way: https://www.thebitcoinway.com/natalie  For easy, low-cost, instant Bitcoin payments, I use Speed Lightning Wallet. Get 5000 sats when you download using this link and promo code COINSTORIES10: https://www.speed.app/sweepstakes-promocode/  Safely self-custody your Bitcoin with Coinkite and the ColdCard Wallet. Get 5% off: https://store.coinkite.com/promo/COINSTORIES  River is where I DCA weekly and buy Bitcoin with the lowest fees in the industry: https://partner.river.com/natalie   Earn 2-4% back in Bitcoin on all your purchases with the orange Gemini Bitcoin credit card: https://www.gemini.com/natalie   Bitcoin 2026 will be here before you know it. Get 10% off Early Bird passes using the code HODL: https://tickets.b.tc/event/bitcoin-2026?promoCodeTask=apply&promoCodeInput= Protect yourself from SIM Swaps that can hack your accounts and steal your Bitcoin. Join America's most secure mobile service, trusted by CEOs, VIPs and top corporations: https://www.efani.com/natalie   Your Bitcoin oasis awaits at Camp Nakamoto: A retreat for Bitcoiners, by Bitcoiners. Code HODL for discounted passes: https://massadoptionbtc.ticketspice.com/camp-nakamoto      ---- This podcast is for educational purposes and should not be construed as official investment advice. ---- VALUE FOR VALUE — SUPPORT NATALIE'S SHOWS Strike ID https://strike.me/coinstoriesnat/ Cash App $CoinStories #money #Bitcoin #investing

My guest today is Bill Gurley. Bill was the general partner at Benchmark Capital. He joins me for his sixth time on Invest Like the Best with his most comprehensive market analysis yet, examining the realities reshaping venture capital. Bill tackles the uncomfortable math underlying today's venture returns, with companies staying private for far longer. He also walks through why no one—from GPs to LPs to founders—has proper incentives to mark assets accurately, creating a system-wide coordination problem. And, we dig into the investment implications of AI as a platform shift, ranging from evaluating AI revenue quality to international competitive dynamics. Bill offers crucial perspective on playing the game both as it exists today and as it may evolve. Please enjoy my conversation with Bill Gurley. For the full show notes, transcript, and links to mentioned content, check out the episode page⁠⁠⁠⁠ here.⁠⁠⁠⁠ ----- This episode is brought to you by⁠⁠⁠⁠ Ramp⁠⁠⁠⁠. Ramp's mission is to help companies manage their spend in a way that reduces expenses and frees up time for teams to work on more valuable projects. Go to⁠⁠⁠⁠ Ramp.com/invest⁠⁠⁠⁠ to sign up for free and get a $250 welcome bonus. – This episode is brought to you by⁠⁠⁠⁠⁠ Ridgeline⁠⁠⁠⁠⁠. Ridgeline has built a complete, real-time, modern operating system for investment managers. It handles trading, portfolio management, compliance, customer reporting, and much more through an all-in-one real-time cloud platform. Head to⁠⁠⁠⁠⁠ ridgelineapps.com⁠⁠⁠⁠⁠ to learn more about the platform. –  This episode is brought to you by⁠⁠⁠⁠⁠ Arcana. Arcana is the world's most advanced portfolio intelligence platform, trusted by institutional investors managing trillions in AUM — including market neutral, long-short, long-only, and capital allocators. Arcana enables portfolio managers, risk teams, analysts, and CIOs to drill into exposures and idio, construct optimal portfolios, and decompose performance at incredible granularity. Visit arcana.io to request a demo and learn more. ----- Editing and post-production work for this episode was provided by The Podcast Consultant (⁠⁠⁠⁠https://thepodcastconsultant.com⁠⁠⁠⁠). Show Notes: (00:00:00) Welcome to Invest Like the Best (00:05:23) State of the Union: Venture Capital Edition (00:07:58) The Rise of Mega VC Funds (00:09:38) Zombie Unicorns: The Overvalued Giants (00:17:29) The IPO and M&A Market Stalemate (00:24:08) The AI Wave and Its Impact (00:26:03) Private Markets and LP Liquidity Issues (00:29:57) The Future of Capital Markets (00:37:49) Advice for Founders in a Changing Landscape (00:39:27) The High-Stakes Game of Capital Battles (00:41:35) AI: The New General Purpose Technology (00:42:57) Challenges and Opportunities in AI Revenue Models (00:44:37) The Role of Founders in the AI Revolution (00:46:44) The Impact of Time and Liquidity on Venture Capital (00:50:35) Navigating the Future of Venture Capital (00:58:45) International Dynamics in the AI Race (01:13:58) Advice for Founders in the AI Era