Podcast appearances and mentions of david nowak

Welcome back to the Alt Goes Mainstream podcast.Today's episode unpacks how to build a private equity firm within one of the largest and most unique investment platforms in private markets.We sat down in Brookfield Asset Management's Brookfield Place office in downtown NY with David Nowak, the President of Brookfield's Private Equity Group. David and I dove into a conversation about the private equity industry, Brookfield's approach to private equity, and how the firm's culture and DNA shapes how they work with portfolio companies and LPs.David has overall responsibility for the Private Equity Group's North American business. He also serves as Chief Executive Officer of Brookfield Private Equity Fund. He joined Brookfield in 2011. He holds a MBA degree from Duke University, where he graduated as a Fuqua Scholar, and a Bachelor of Laws degree from the University of Western Ontario.David and I had a fascinating conversation about private equity and the Brookfield platform. We covered:How Brookfield's owner-operator alignment informs how they approach private equity investing and their partnerships with portfolio companies.How the industry has gone from “roll your dice private equity to roll up your sleeves private equity.”Why and how the firm has a “blue collar work ethic.”The firm's flat structure and a culture of collective effort, humility, and “earning your seat.”Why Brookfield's private equity business focuses on complex carve outs.Why it's important for investors to “think like an operator.”How the firm approaches value creation and the importance of understanding value creation levers even before making an investment.How Brookfield's broader platform provides the private equity business with insights and subject matter expertise.The story behind Brookfield's Westinghouse investment.What it means to look for “unloved businesses.”Why private equity is an apprenticeship business and how AI might impact the next generation of private equity leaders.Thanks David for sharing your expertise, wisdom, and passion for private equity and company and culture-building.Show Notes00:00 Cold Open00:51 A Message from our Sponsor, Ultimus01:48 Welcome to Alt Goes Mainstream and David Nowak03:30 Brookfield Culture is We Not I04:48 Leadership Succession and Humility06:22 Earn Your Seat Mindset06:30 Owner Operator Alignment08:23 Maax Bath Case Study09:34 Roll Up Your Sleeves Private Equity11:31 Operators on the Team12:06 Secondments Train Investors12:53 Underwriting with Reality Checks13:58 Platform Advantage and Insights16:46 How Collaboration Actually Works18:56 Long Term Patient Capital21:07 Value Creation Playbook24:38 Contrarian Deals and Valuation Nuance27:41 Underwriting Operating Change27:55 Fixable vs Hard Problems29:16 Winning Management Buy In30:00 Early Wins and Focus30:25 Humility on the Ground31:06 Listening in Founder Talks32:09 Stretching Young Leaders33:23 Flat Structure Decision Table34:24 Scaling Without Losing Culture35:06 Open Space and Mobility35:50 Cross Office Deal Teams37:20 Fund Size and Return Pressure38:23 Shift to Quality Businesses39:25 Good Business or Cheap40:13 Risk First Capital Protection41:50 Graphite Electrode Auction Win43:45 Diligence - Then Move Fast48:14 Curiosity Apprenticeship and AIA Word from Our Sponsor, UltimusThis episode of Alt Goes Mainstream is brought to you by Ultimus, the full-service fund administrator and transfer agent powering asset managers in private and public markets. As alts go mainstream, you need real expertise to handle complex fund structures, connect with key distribution partners, and handle sophisticated compliance, reporting, and transparency demands.That's Ultimus: high-tech, high-touch solutions for over 450 clients and 2,500 funds with $775B in assets under administration. Backed by an expert team of over 1,200 employees, they place client service at the core of their business, helping you navigate complexity during your fund structuring or launch and then supporting you through every stage of growth. Whether you're already in the market or thinking about entering private wealth, you can trust their team's deep expertise in retail alternatives to help you reach your goals.Learn more at ultimusfundsolutions.com or email info@ultimusfundsolutions.com.We thank Ultimus for their support of alts going mainstream.Editing and post-production work for this episode was provided by The Podcast Consultant.

Trees are more than decoration — they're living economic assets, with measurable costs and benefits for cities and neighborhoods. Zachary Crockett takes a walk on the shady side of the street. SOURCES:Geoffrey Donovan, owner of Ash & Elm Consulting.Jana Dilley, urban forester for the city of Seattle.Kathleen Wolf, social scientist, former researcher at the University of Washington. RESOURCES:"Extreme Heat Is Worse For Low-Income, Nonwhite Americans, A New Study Shows," by Deepa Shivaram (NPR, 2021)."US Urban Forest Statistics, Values, and Projections," by David Nowak and Eric Greenfield (Journal of Forestry, 2018)."The role of trees in urban stormwater management," by Adam Berland, Sheri Shiflett, William Shuster, Ahjond Garmestani, Haynes Goddard, Dustin Herrmann, and Matthew Hopton (Landscape and Urban Planning, 2017)."Urban trees and the risk of poor birth outcomes," by Geoffrey Donovan, Yvonne Michael, David Butry, Amy Sullivan, and John Chase (Health & Place, 2011)."Calculating the Green in Green: What's an Urban Tree Worth?," by Gail Wells (Science Findings, 2010)."The Effect of Trees on Crime in Portland, Oregon," by Geoffrey Donovan and Jeffrey Prestemon (Environment and Behavior, 2010). EXTRAS:i-Tree Tools. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

New York City’s skyline is dominated by tall skyscrapers—but there’s a surprising amount of forest in the city known as a concrete jungle. Tree canopy actually covers about 20% of the city. In fact, woodlands are one of the few natural resources the city has. Reporter Clarisa Diaz, in collaboration with John Upton from Climate Central, shares how the city’s green spaces, both large and small, are needed to create an urban forest ecosystem in the face of climate change. Plus, forester David Nowak talks about the science behind planting an urban forest, and how to determine the value of a tree. Plus, while all eyes are currently on the COVID-19 pandemic, the coronavirus isn’t the only disease circulating the world. Lockdowns have hindered access to medical care, and supply chains for both tests and medications have been disrupted. With countries allocating limited public health resources to battle COVID-19, longstanding public health threats like tuberculosis, malaria, and HIV/AIDS may be at risk of resurging. However, there is also hopeful news for communities facing HIV/AIDS. Last week, a study published in the journal Nature examined 64 unusual people who seem to be able to naturally keep HIV at bay. Researchers investigated what makes these so-called ‘elite controllers’ able to manage their infections. They now think powerful T cells—a type of white blood cell which helps regulate the immune system—may hold a clue to these cases. Furthermore, earlier in the summer, a trial of a long-lasting injectable drug to prevent HIV infection was found to be at least as protective as the existing “pre-exposure prophylaxis,” or PrEP drug, which must be taken daily. Health and science reporters Apoorva Mandavilli of the New York Times and Jon Cohen of Science join Ira to discuss recent HIV/AIDS developments, and to reflect on 40 years of AIDS research. 

Alan and Ekaterina are joined in studio by former World #5 Anna Chakvetadze to talk tennis, life changes and post-sports career. On the phone, Leitrim man and Producer/Host of @Team33 Raf Diallo shares his disappointment of Ireland's performances, while David Nowak calls from Switzerland to let us know Alan owes him coffee, and a dirty secret of a famous Moscow-based sports journalist!

We enter a better kind of urban jungle on this episode all about the science and economics of trees in cities -- way more interesting than you might think at first. Yep, there's a big economic argument for more trees in our cityscapes. Our guests here apply scientifically backed dollars-and-cents appraisals to the trees that line our streets or green our downtowns. And they discuss tools you can access to tally such values where you live. And, yes, we also discuss the much-harder-to-quantify relationship that humans and trees have shared since the dawn of man -- and what that means for city neighborhoods lacking in greenery. A lot to think about -- and surely a few surprises -- in the episode. Show notes: Greg McPherson - http://www.fs.fed.us/psw/programs/uesd/staff/gmcpherson/ Report, "Structure, function and value of street trees in California, USA" -http://www.fs.fed.us/psw/publications/mcpherson/psw_2016_mcpherson004.pdf David Nowak - http://www.nrs.fs.fed.us/people/dnowak iTree - http://www.itreetools.org Adam Dale - https://adamgdale.org Report, "Forecasting the Effects of Heat and Pests on Urban Trees: Impervious Surface Thresholds and the 'Pace-to-Plant' Technique" - http://ecoipm.org/wp-content/uploads/2016/05/Dale_2016_Arb.pdf Jill Jonnes, "Urban Forests: A Natural History of Trees and People in the American Cityscape" - http://jilljonnes.com UPI story, "Tree growth slows as cities heat up" - http://www.upi.com/Science_News/2016/10/05/Tree-growth-slows-as-cities-heat-up/2081475676027/ Report, "Urban warming reduces aboveground carbon storage" -http://rspb.royalsocietypublishing.org/content/283/1840/20161574 OpenTreeMap - https://www.opentreemap.org City of Raleigh Urban Forestry Division - http://www.raleighnc.gov/community/content/ParksRec/Articles/Programs/UrbanForestry/UFDivision.html NEWS AND REPORTS SINCE THIS EPISODE'S AIRING: New report, 11/16, "Selecting Trees to Grow in Cities" - http://www.srs.fs.usda.gov/compass/ CityLab article, "The Big Green Payoff From Bigger Urban Forests" -http://www.citylab.com/design/2016/10/the-big-green-payoff-from-bigger-urban-forests/505913/ Smithsonian.com, "Why Public Health Researchers Are Looking to Urban Trees" - http://www.smithsonianmag.com/science-nature/why-public-health-researchers-are-looking-urban-trees-180960985/?no-ist Governing article, "Phoenix's Ambitious Plan to Beat the Desert Heat" -http://www.governing.com/topics/transportation-infrastructure/gov-phoenix-shade.html

The urban forest often goes unnoticed but it has a big impact on quality of life. Also often overlooked is the use of wood as a source of home heating and power production. The show features David Nowak of the U.S. Forest Service and Dr. Timothy Volk.