Podcasts about lps

Part I: The Architecture of the Guest ExperienceLa Bottega Collective designs and produces the physical and sensory touchpoints of the luxury hotel stay, from bathroom formulations and textiles to amenities, gifting, and retail, working with 15,000 properties across 117 countries, from the world's most recognized hotel groups such as Aman and Four Seasons, to the finest independent properties such as Passalacqua and Il San Pietro di Positano. Tommaso Pacini, CEO of La Bottega Collective, argues that the guest experience is not a collection of amenities but a coherent sensory language, and that the hotels who understand this are the ones building something guests cannot find, replicate, or buy anywhere else.In Part I of this episode, Tommaso walks through how La Bottega Collective reads a property before designing a single touchpoint, why the choice between licensed and fully custom product programs is ultimately a question of time and conviction rather than budget, and how the most effective guest experience artifacts extend the emotional memory of a stay well beyond checkout.Thank you La Bottega Collective for making this episode possible. Learn more and get in touch with La Bottega Collective ⁠here⁠.Follow La Bottega Collective on Instagram ⁠here⁠.Part II: The Developer's Playbook: Building a €3B European Lifestyle & Luxury Hotel Portfolio with David ZisserEpisode starts at (17:22)David Zisser is the founder of Omnam, a €3 billion European hotel development and investment platform with a portfolio concentrated in lifestyle and luxury assets across Italy and key European markets. His recent projects include the Edition Lake Como, W Rome, which he credits with catalyzing what W Hotels internally called its 2.0 positioning, and the Hotel Bauer Venice, acquired out of a bankruptcy process in partnership with Mohari Hospitality and flagged with Rosewood. He is currently developing a proprietary hotel brand, with a Paris property featuring Pharrell Williams as creative director serving as its first expression.Omnam operates across the full development stack, from site identification and capital structuring through to brand selection, design intent, and operational oversight. Omnam's LPs include institutional investor Bain Capital, and Mohari Hospitality, with whom David has built a partnership centered on a shared conviction about where luxury hospitality is heading. Omnam has worked with several major third party operators, and that breadth of exposure now informs both its underwriting discipline and its decision to build its own brand from a position of genuine industry knowledge rather than ego.In this episode, Nadine sits down with David to explore what it really takes to build a multi-billion euro development platform in luxury hospitality, from navigating fundraising from institutional capital and large family offices to acquiring one of Venice's most storied hotels out of bankruptcy.INTERVIEW HIGHLIGHTSDavid's deal framework, and why any project where success is contingent on factors outside Omnam's control is a passHow the Hotel Bauer acquisition came together out of a bankruptcy process, with competing global bidders, layered political dynamics, and a timeline that tested everyone involvedUltra-luxury brand dilution and which operators are most exposed as generational wealth transfer acceleratesDavid's view on ADR stabilization, total in-hotel spend capture, and why the P&L conversation that matters most is not the one most investors are havingWhy David believes hotel operators should exit F&B operations, and what a properly aligned fee structure looks like from an owner's perspectiveThe tension at the center of building a scalable brand from a singular, heritage-driven flagship assetWhat David learned from managing institutional capitalLearn more about Omnam's portfolio ⁠here⁠.Follow Omnam on Instagram ⁠here⁠.

In this episode, Adam Torres interviews Ron Biscardi, Co-Founder & CEO of iConnections. Ron discusses the evolution of the iConnections platform, the importance of relationship-driven business building, and how technology is helping connect leading LPs and GPs within the alternative investment ecosystem. 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

Legendary venture capitalist Vinod Khosla joins Mukesh Bansal on SparX, for one of the most wide-ranging and provocative conversations on the future of technology, investing, and humanity. Vinod makes bold claims: AI will replace doctors within 5 years, colleges as we know them are obsolete, space-based data centers don't make sense, India's IT and BPO industry faces an existential threat - and yet, AI may be the greatest opportunity India has ever seen. And ultimately, AI will free humanity from servitude to survival.In this episode, Vinod shares his contrarian investment philosophy, including why he wrote a $50M check to OpenAI in 2019 when it had no product, no revenue, and no business plan — and why he sent an apology letter to his LPs along with it.

Dans cet épisode, je reçois Dimitri Fotopoulos, partenaire chez Weinberg Capital Partners, pour une discussion autour des fonds de continuation en private equity : comment fonctionnent-ils, pourquoi sont-ils mal compris, et dans quels cas permettent-ils de prolonger la création de valeur d'un actif Leveraged Buy-Out (LBO) au-delà de la durée classique d'un fonds?Nous avons parlé :Du dilemme central du gestionnaire LBO : devoir céder un actif performant à contre-coeur uniquement parce que le fonds arrive à maturité, même quand la relation avec le management est excellente et que le potentiel de création de valeur n'est pas encore pleinement capturéDu principal préjugé sur les fonds de continuation, perçus comme un outil pour recycler des actifs qui peinent à trouver acheteur, alors que dans les faits, seuls les meilleurs actifs LBO peuvent se prêter à cet exercice sur le marché secondaireDu processus concret de mise en place d'un fonds de continuation : mandat d'une banque conseil spécialisée comme Lazard, due diligence complète avec book de valorisation, trois phases successives avec les lead investors du secondaire, les LPs existants et la syndicationDu double due diligence spécifique au marché secondaire : les investisseurs analysent autant le track record de l'équipe de gestion sur 10 à 20 ans que la qualité intrinsèque de l'actif lui-mêmeDe la structure de frais adaptée au format fonds de continuation, proche du co-investissement : environ 1% de management fees et 10% de carried interest, contre les 2% et 20% d'un fonds LBO classique diversifiéDes chiffres du marché secondaire en France : 12 milliards d'euros de transactions secondaires au total, dont 7 milliards attribués aux seuls fonds de continuation en 2025, selon le premier rapport France Invest publié sur le sujetDe la démocratisation du private equity auprès du wealth management, que Weinberg Capital Partners adresse via une équipe dédiée, avec la conviction que rendre cette classe d'actifs accessible est vertueux à condition de maintenir des garde-fous réglementaires rigoureux conformes aux exigences de l'AMFUn épisode technique mais très accessible, qui démystifie un outil encore mal compris et souvent mal jugé - et qui montre comment la contrainte structurelle d'un fonds peut devenir un levier de création de valeur supplémentaire.Recommandation de Dimitri : “Pour les succès des armes de la France" de Pierre de VilliersLiens utilesDimitri Fotopoulos: https://www.linkedin.com/in/dimitri-fotopoulos-9033583/ Weinberg Capital Partners: http://www.weinbergcapital.comFinscale est aussi disponible sur YouTube: https://www.youtube.com/@finscale.***************************Finscale est bien plus qu'un podcast. Cet épisode est produit et animé par Solenne Niedercorn, fondatrice de Finscale.

How can passive investors distinguish trustworthy real estate operators from those who simply know how to market themselves? In this episode of the Real Estate Investor Podcast, host Gary Lipsky sits down with Pat Zingarella, CEO of Invest Clearly, a public directory and review platform for private real estate investments. In their conversation, Pat explains how his experience working for a fraudulent real estate investor showed him the need for greater transparency across the industry. He shares how Invest Clearly verifies that reviewers have invested with the sponsors they evaluate, why communication breakdowns remain the most common investor complaint, and how verified reviews can help responsible GPs stand apart. Gary and Pat also discuss the importance of evaluating the operator before the deal, reporting unsuccessful investments honestly, and the LPs' responsibility to conduct proper due diligence. Tune in to explore the changing capital-raising environment, the growing cost of converting prospective investors, and why more leads cannot replace trust, with Pat Zingarella.Key Points From This Episode:Background about Pat and why he founded Invest Clearly.Learn how verified reviews help strong operators stand out.Discover why communication matters more than a perfect record.Find out what makes Invest Clearly stand out from other companies.Hear how sponsors should address poor-performing deals.Uncover the sponsor red flags investors often overlook.Understand why LPs must take ownership of due diligence.Explore what Pat is planning next for Invest Clearly.Get insights into how transparency fosters trust with investors.Unpack why and how investor conversion has changed.Links Mentioned in Today's Episode:Pat Zingarella on LinkedInPat Zingarella EmailInvest ClearlyAsset Management Mastery Facebook Group Invest SmartBreak of Day Capital Break of Day Capital InstagramBreak of Day Capital YouTubeGary Lipsky on LinkedIn

Investors must face reality: A new report argues that a decade of disclosure targets and stewardship has failed to drive real-world decarbonisation, because technology development and government policy – not investor pressure – are the primary determinants of how quickly economies transition.Private markets have real advantages – but clear limits: A sponsors' greater agency over portfolio companies gives private markets a genuine edge, but fiduciary duties mean no manager can pursue climate goals unless it is in the interests of their LPs or consistent with a specific mandate.Policy engagement is the under-used lever: Private markets managers – closer than most to what makes a project financeable – are well placed to tell governments what conditions will attract private capital, and that expertise could be deployed more deliberately, and more often.Links:https://www.fmg.ac.uk/sites/default/files/2026-05/What-Can-Investors-Do-About-Climate-Change_final.pdfhttps://www.edf.org/https://www.lse.ac.uk/global-school-of-sustainabilityhttps://collaborate.unpri.org/group/761/abouthttps://www.bain.com/how-we-help/private-markets-decarbonization-roadmap/

Omar Morales is a top South Florida real estate broker specializing in land and multifamily asset deals that move hundreds of millions and reshape neighborhoods. In this episode◾️How incentive structures drove overleveraged investors to ruin in 2021 and 2022◾️Why parts of Miami's rental market are a bloodbath for owners but a goldmine for renters◾️Where the nation's largest multifamily funds are deploying capital right now◾️The “land play” hidden inside suburban office buildings◾️Why a West Palm Beach multifamily deal just got 37 offers◾️What Omar is quietly building through Miami Dealmakersa content flywheel he believes will be his biggest long-term assetIf you want to understand how real money moves through South Florida real estate, this is the episode you can't miss.◾️ Timestamp00:00 Miami real estate in 2026 where things stand 03:47 How cheap capital destroyed investors in 2021–2022 08:20 The herd mentality that wrecked multifamily deals 10:48 Omar's path from analyst to top South Florida broker 14:56 Why parts of Miami's rental market are a bloodbath right now 19:20 The affordable housing crisis and where people are actually moving 22:42 The hidden land play inside suburban office buildings 28:50 What the biggest multifamily funds are buying right now 32:59 Why contrarian investing is hard to sell to LPs 36:15 How Omar thinks about wealth, risk, and brokerage vs. investing 39:47 Miami Dealmakers building a content flywheel as leverage 47:04 The future of Miami as a city 47:12 What Omar is building next

This week on the Sifted Podcast, host John Thornhill is joined by Anu Adebajo, former Atomico partner and, as of February this year, CEO of the Newton Venture Program.Launched in 2020 by VC firm Phoenix Court and London Business School, the educational programme aims to train new generations of VC talent — whether they are experienced investors or simply exploring new career paths.Anu began her career in Sheffield in 2012, where she joined a fund and later went into the British Business Bank. After nearly five years, she moved to the LP side, where she personally deployed over £365m into funds, before moving to Atomico where she led its fund of funds strategy.The pair discuss what LPs want from Europe's VCs now, how far away a Newton Venture's fund might be and the dangers of Europe's re-emerging “boys' club mentality”.Sign up to Sifted's daily newsletter here: https://sifted.eu/newslettersRead John's article about the needs for reinventing VC: https://sifted.eu/articles/vc-needs-to-reinvent-itselfFind out more about Newton Venture Program here: https://newtonprogram.vc/This podcast was brought to you by HSBC Innovation Banking.

Two roughs boys escape the high school tyranny of panty-masked Principal Montoya and form overachieving garage rock band Twin Peaks. Wild Onion is one of a handful of solid LPs they put out in a half-decade span before disappearing.

En su andadura en solitario Sergi Carbonell, cofundador de Txarango, apuesta por la sensibilidad, la introspección y la reflexión colectiva. Ha creado un emocionante repertorio a lo largo de este nuevo viaje en solitario: los LPs “Refugi” (2023) y “Amorosa Bondat” (2025) y el EP “Crisàlide” (2024). Ha conseguido conectar con un público exigente, gracias a sus emocionantes canciones llenas de poesía y crecimiento personal. Su música no pretende ser flor de un día, sino un paisaje que se extiende infinitamente en el horizonte. En concierto se presenta en formato bandautor y lo presenta por diversos escenarios, grandes y pequeños, de nuestro país.Escuchar audio

In this Community Roundtable, Chris Lopez sits down with PassivePockets members Pascal Wagner, Adam Cranmer, and Christy Burakovsky for a candid investor-to-investor conversation on how they're allocating capital right now and what would make them change course. Pascal frames the dilemma many LPs are feeling: with risk-free rates near 5% and major macro signals flashing red (record debt loads, expensive public markets, and uncertainty around where rates settle), does it still make sense to allocate to interest-rate-sensitive commercial real estate? He shares how he's thinking about portfolio construction with fresh liquidity and why he's prioritizing stable income and downside protection before chasing upside. Adam and Christy offer counterweights: where fear can create opportunity, why liquidity matters, and how they're approaching “safer” yield today (short-duration debt funds, notes, treasuries) while keeping dry powder for dislocated assets. The conversation also explores where each of them sees asymmetric opportunity: distressed commercial, non-performing loan strategies, medical office, assisted living tailwinds, and long-term fixed-rate debt structures that avoid the five-to-seven-year refinance trap. Key Takeaways Why some LPs are pausing syndication allocations and leaning into cash/T-bills and what would change their mind The “income-first” portfolio approach: build stable cash flow, then take higher-upside bets Where investors are hunting opportunity: distress, NPLs, office dislocation, medical office, and long-term fixed-rate debt plays Why HUD-style long-term amortizing debt can change the risk profile of a deal dramatically Mezz vs. leveraged first-lien funds: the real differentiator is control of the underlying collateral The underrated skill in 2026: staying liquid enough to act when the “no-brainer” window opens Disclaimer The content of this podcast is for informational purposes only. All host and participant opinions are their own. Investment in any asset, real estate included, involves risk, so use your best judgment and consult with qualified advisors before investing. You should only risk capital you can afford to lose. Past performance is not indicative of future results. This podcast may contain paid advertisements or other promotional materials for real estate investment advisers, investment funds, and investment opportunities, which should not be interpreted as a recommendation, endorsement, or testimonial by PassivePockets, LLC or any of its affiliates. Viewers must conduct their own due diligence and consider their own financial situations before engaging with any advertised offerings, products, or services. PassivePockets, LLC disclaims all liability for direct, indirect, consequential, or other damages arising out of reliance on information and advertisements presented in this podcast.

David Zhou, co-founder of The Side Letter and host of Superclusters, shares lessons from his journey as a founder, venture investor, LP, and educator. He explains how sophisticated limited partners evaluate venture funds, why consistent decision-making frameworks matter, and how emerging managers can stand out in an increasingly crowded market. David discusses common mistakes new LPs make, the metrics that matter when evaluating venture performance, and why successful investors develop discipline around both entering and exiting investments. He also shares practical advice for fund managers seeking LP support, emphasizing the importance of understanding investor motivations before ever making a pitch. In this episode, you'll learn: [02:35] How David accidentally became an entrepreneur and investor [03:42] Why venture capital appeals to people who love imagining the future [06:52] The story behind Superclusters and educating emerging LPs [11:21] Common mistakes first-time LPs make when evaluating funds [15:25] Why investors need consistent frameworks instead of chasing excitement [23:04] Which venture fund metrics actually matter and when [30:24] The three disciplines every great fund manager needs [32:25] Why the first LP meeting should never be a pitch [35:22] How to identify and build a unique competitive advantage [39:57] Understanding the motivations behind different types of LPs [44:03] How The Side Letter helps LPs make better investment decisions The nonprofit organization David is passionate about: Friends of Children with Special Needs About David Zhou David Zhou is the co-founder of The Side Letter, a platform that helps limited partners source, evaluate, and understand venture capital funds. He is also the host of Superclusters, a podcast focused on helping emerging LPs learn from experienced investors and better navigate the venture capital ecosystem. Before becoming an LP and venture ecosystem educator, David was a founder and venture investor. Through his writing, investing, and podcasting, he has become a respected voice on venture fund evaluation, LP decision-making, and emerging manager investing. About The Side Letter The Side Letter is a platform built to help limited partners make more informed venture capital investment decisions. The company provides LPs with tools, research, data, and educational resources designed to improve fund sourcing, diligence, and portfolio construction. By helping investors access better information and stronger evaluation frameworks, The Side Letter aims to reduce information asymmetry within the venture capital ecosystem and empower a new generation of sophisticated LPs. Subscribe to our podcast and stay tuned for our next episode.

In "Is Organized Tech Destroying the Small Logistics Entrepreneur" Joe Lynch and Nicholas Antoine, Co-Founder, Co-CEO, and Managing Partner of Red Arts Capital, discuss how mid-market logistics companies can leverage emerging automation and strategic "moats" to successfully survive and compete against tech-heavy enterprise giants. About Nick Antoine Nicholas Antoine is the Co-Founder, Co-CEO, and Managing Partner of Red Arts Capital, a private equity firm he co-founded in 2015 - at age 26 - to invest exclusively in supply chain and logistics businesses. A Princeton graduate, Nick began his career as an equity research analyst at Princeton Global Asset Management before joining Ariel Investments in Chicago, where he served as Chief of Staff to the Chairman and CEO of the $17 billion asset manager. At Red Arts, he leads fundraising, research, and investment thesis development, building one of the few Black-founded and -led PE firms in the country and one of the top-performing, ranked #7 on Bloomberg's 2025 Best-Performing U.S. Buyout Funds. Nick is a member of YPO and a board trustee of The Studio Museum in Harlem and WTTW (PBS Chicago). About Red Arts Capital Red Arts Capital is a Chicago-based private equity firm focused exclusively on partnering with North American supply chain and logistics businesses. Founded in 2015 by Nick Antoine and Chad Strader, Red Arts is a 100% Black-owned firm investing across the "supply chain economy" - freight, transportation, warehousing, contract packaging, and related middle-market companies with strong growth potential. In 2023, the firm closed its latest fund oversubscribed at $270M, above its $225M target, backed by institutional LPs including Prudential Financial, the University of Chicago's Office of Investments, and funds managed by Neuberger Berman. Red Arts pairs a sector-focused thesis with a belief that diversity drives performance - women represent roughly half the firm. Key Takeaways: Is Organized Tech Destroying the Small Logistics Entrepreneur In "Is Organized Tech Destroying the Small Logistics Entrepreneur" Joe Lynch and Nicholas Antoine, Co-Founder, Co-CEO, and Managing Partner of Red Arts Capital, discuss how mid-market logistics companies can leverage emerging automation and strategic "moats" to successfully survive and compete against tech-heavy enterprise giants. Firm Profile & Focus: Founded in 2015, Red Arts Capital is a 100% Black-owned, Chicago-based private equity firm that focuses exclusively on North American supply chain, logistics, and middle-market infrastructure businesses. Target Investment Profile: Unlike venture capital firms that hunt for speculative "hockey stick" growth, Red Arts invests $50M to $100M+ into established, profitable middle-market companies (typically family-owned with $100M to $500M in revenue) to provide liquidity and operational scaling. Strong Institutional Backing: Validating their sector-focused thesis, the firm closed its 2023 fund oversubscribed at $270M (surpassing its $225M target) backed by premier LPs like Prudential Financial and the University of Chicago. The Concept of "Organized Tech": Nick defines "organized technology" as a modern third form of power alongside organized people and organized capital. Large enterprise players use their scale and massive resources to deploy tech—and partner with startups for free trials—giving them a distinct, systemic advantage. An Opportunity, Not a Death Sentence: Organized tech is not inherently destroying small logistics entrepreneurs; rather, the risk lies in a lack of adaptability. Because AI and automated tools are becoming rapidly commoditized and affordable, small business survival depends on an entrepreneurial willingness to experiment. Building Defensive "Moats": To avoid competing strictly on commoditized pricing, successful logistics companies must build defensible moats. This includes high-touch customer service, strong cultural values that lower driver turnover, or geographic asset density (like uniquely zoned cross-dock terminals) that competitors cannot easily replicate. Outsized Returns from Small Tech Investments: Technology adoption doesn't require a massive overhaul to significantly impact the bottom line. In one LTL case study, Red Arts introduced a simple automated software tool to capture missed, manual accessorial charges, plugging a major revenue leak and yielding massive profit returns. Learn More About Is Organized Tech Destroying the Small Logistics Entrepreneur Nicholas Antoine | Linkedin Red Arts Capital | Linkedin Red Arts Capital Bloomberg executive profile Investing in Supply Chain Solutions with Nick Antoine of Red Arts Capital | Impact Podcast Black Professionals in PE & Finance spotlight | McGuireWoods Fund close coverage | $270M, Business Wire Organized Technology: A New Power Defining The American Dream | Forbes The Logistics of Logistics Podcast If you enjoy the podcast, please leave a positive review, subscribe, and share it with your friends and colleagues. The Logistics of Logistics Podcast: Google, Apple, Castbox, Spotify, Stitcher, PlayerFM, Tunein, Podbean, Owltail, Libsyn, Overcast Check out The Logistics of Logistics on Youtube

Get my new book: https://bronsonequity.com/fireyourselfDownload my new special report - How to Use Inflation to Your Advantage - www.bronsonequity.com/inflationJoin host Bronson Hill for this special webinar replay from The 2026 Passive Investors Summit on the Mailbox Money Show. In this expert panel, Bronson is joined by four seasoned operators and investors sharing real talk on navigating the current multifamily market, capital deployment, due diligence, cash flow strategies, and emerging opportunities amid economic shifts.Panelists:Tyson Cobb (Timberview Capital) – orthopedic surgeon turned investor, focused on building physician networks and strong deal flow.Param Baladandapani (Generational Wealth MD) – retired radiologist and mentor helping physicians achieve financial freedom through real estate.Mike Morawski – 30-year real estate veteran with a focus on southeast multifamily and market cycle timing.Aleksey Chernobelskiy (GP LP Match) – founder connecting LPs with high-quality GPs and providing deal flow transparency.The panel discusses everything from vetting operators and conservative underwriting to AI applications in real estate, tax strategies, and why disciplined, long-term investors are well-positioned for the next cycle.TIMESTAMPS0:43 - Episode Overview | Wealth Forum2:01 - Host and Panelist Introductions3:48 - Current Market Overview: Threats, Opportunities, and LP Capital Trends5:01 - Panelist Backgrounds10:00 - Investor Psychology, Market Cycles, and Recovering from Losses15:54 - Deal Diligence and Vetting Lessons from Recent Years21:33 - Poll Results and Wire Fraud Warning22:36 - Bronson's Deal Evaluation Framework (Market > Operator > Deal)23:44 - Importance of Cash Flow in Today's Market28:34 - Broader Opportunities, Risks, and Geopolitical Factors (Oil, Baby Boomers, Senior Housing)32:33 - AI's Impact on Real Estate, Jobs, and Investor Tools41:41 - Personal Investments Outside Core Business (Precious Metals, Crypto, Asset Allocation)46:50 - Q&A: Spotting Operators with Realistic Projections51:42 - Lightning Round: Is This Like 2008 in Multifamily?52:01 - Panelist Contact Info and Closing RemarksConnect with the Guests:Tyson CobbWebsite: timberviewcapital.comMobile: 563-209-8488Email: tyson@timberviewcapital.comParam BaladandapaniWebsite: gwcapital.comPassive Investment Due Diligence Resource: gwcapital.com/guideMike MorawskiLinkedIn: https://www.linkedin.com/company/mikemorawski2Instagram: @mike.morawski.54Email: mike@mikemorawski.comAleksey ChernobelskiyWebsite: gplpmatch.comEmail: aleksey@gplpmatch.com#MultifamilyInvesting#PassiveIncome#RealEstateDueDiligence#CashFlowStrategies#WealthBuilding

DJ Jesse Luscious dives into great new LPs by The Dwarves, The Aggrolites, Seven Crowns, The Rumours, & The Real McKenzies, plus new tracks from Ynes, Makes My Blood Dance, & Cheeks, classics from 45 Grave, NOFX, Fermin Muguruza, AC/DC, Adolescents, JJ And The A's, Rollins Band, Electrocute, The Vaxxines, Kicked In The Teeth, Rose Tattoo, The Sweet, Suede Razors, Chubby And The Gang, Sweet Baby, The Vandals, Candy Now, Fea, & Agent Orange. He also reveals this week's Luscious Listener's Choice!  Rumours- It's Not Me (It's You) (edit) Rumours- Bloodstains Agent Orange- Everything Turns Grey Cheeks- Danger Squeeze Adolescents- Kids Of The Black Hole 45 Grave- Evil Vandals- Urban Struggle Real McKenzies- Read A Book NOFX- Shower Days Suede Razors- Anchors Aweigh Chubby And The Gang- All Along The Uxbridge Road Dwarves- Hey Melania Dwarves- Bad Drugs Candy Now- New Dawn Ynes- What Was It All For? Fea- Pelo Suelto Sweet Baby- There's This Girl Sweet- AC/DC AC/DC- TNT Rose Tattoo- Juice On The Loose Seven Crowns- Acts Of Mindless Kindness Kicked In The Teeth- Lights Out In Suburbia JJ And The A's- Head In A Vat Vaxxines- Whiskey Business Aggrolites- 3L Atlas Aggrolites- Super Atomic Fermin Muguruza- Sarri, Sarri (feat. Itzar Ituño) (Live Madrid 15-2-25) Makes My Blood Dance- Time And A Place Electrocute- Jet Set Boy Rollins Band- Move Right In

Na ponta da agulha é um projeto que objetiva revisitar grandes discos da nossa cultura Gaúcha e “Gaucha”. Produzido em 2021, passeia por LPs, CDs e gravações basilares da nossa história discográfica, enaltecendo a importância desses fonogramas na formação cultural do Sul do Mundo. Na Ponta da Agulha – Produção e apresentação de Leôncio Severo e colaboração de Guga Carrera faz parte do arquivo de programas da Radiosul.net

Follow me @samirkaji for my thoughts on the venture market, with a focus on the continued evolution of the VC landscape.Welcome back to another episode of Venture Unlocked, the podcast that takes you behind the scenes of the business of venture capital.In this episode, I'm joined by three deep tech investors and friends of the show, Nate Williams, Sunil Nagaraj, and Guy Perelmuter, for a roundtable on the state of deep tech and the changing venture landscape. We dig into what deep tech really means today, why it's suddenly attracting so much capital, and how economics, government tailwinds, and AI as a “killer app” have pulled these once niche technologies into the mainstream. We also explore the growing concentration of capital in a handful of hyperscale winners, the tension between consensus vs. non-consensus investing, and what all of this means for emerging managers, LPs, and founders operating at the zero-to-one stage.Thanks for listening to another episode of Venture Unlocked. I hope you enjoyed this conversation with Nate, Sunil, and Guy. If you'd like to get Venture Unlocked content straight to your inbox, go to ventureunlocked.substack.com and sign up, or head over to Apple Podcasts or Spotify and subscribe. Thanks again for listening.Nate Williams is the Founder and Managing Partner of DeepTech seed firm UNION (Union Labs, Union Peak VC funds) and formerly served as an Entrepreneur-in-Residence (EIR) at Kleiner Perkins focusing on vertical “Physical AI” opportunities across Climate/Resilience, PropTech, and Mobility. Nate has made over 40 early-stage investments, including Urban Sky, Butlr, Antimatter (acquired by Databricks), Proxy (acquired by Oura), Ruby Robotics (acquired by Intuitive Surgical) and Klue (acquired by Medtronic). Before transitioning to full-time VC, Nate built a track record as a hands-on operator with senior leadership roles across startup, growth, and turnaround stages, culminating in successful exits for 4Home (to Motorola, 2010), Motorola Mobility (to Google, 2012), Motorola Home (to ARRIS, 2013), and August Home (to Assa Abloy, 2017). Earlier in his career, Nate was an Analyst in the Digital Home Group at Intel Corp. Nate holds an MBA from UCLA Anderson School of Management and a Bachelor's degree in Comms from the University of Connecticut.Sunil Nagaraj is the Founder and Managing Partner of Ubiquity Ventures, a seed-stage venture firm investing in “software beyond the screen,” including robotics, AI, industrial automation, and frontier technologies. Prior to founding Ubiquity, Sunil spent over a decade at Bessemer Venture Partners, where he invested in companies across cloud computing, developer tools, and emerging technologies. He is widely recognized for his early conviction in deep tech and infrastructure-driven innovation before it became mainstream in venture capital.Guy Perelmuter is the Founder and Managing Partner of GRIDS Capital, a venture firm focused on deep tech, AI, and advanced industrial technologies. With a background spanning engineering, technology, and investing, Guy has built his career around backing highly technical founders tackling complex global problems. He is known for his insights into the convergence of AI, infrastructure, and industrial transformation, as well as his emphasis on technical depth and long-term value creation in venture investing.Timestamps:Topics in this conversation include:* Definition of Deep Tech by Technical Prowess and Advanced Engineering (2:51)* Hardcore Technology, Difficulty to Build, and Hardware Misconceptions (3:51)* Drivers Of Deep Tech Tailwinds: Maturing Technologies and Government Push (6:12)* Excess Investor Interest After SpaceX and Other Breakout Successes (9:18)* Historical Analogy to Electrification and AI as New Infrastructure Layer (14:43)* Need For Specialized Deep Tech Expertise and New VC Org Structures (19:36)* Schizophrenic Risk-on Behavior and King-making of Consensus Winners (22:08)* Why Normal M and A and IPO Outcomes Still Matter For Smaller Funds (26:53)* Fund Proliferation, New Managers, and What Will Prove Transient (28:49)* Access Capital, Hollywood-ization of Venture, and Coming Bust Risks (33:34)* Consensus Growth Obsession, 10x Expectations, and Metric Distortions (38:02)* How Seed Managers Adapt and Curate Downstream Capital for Portfolios (41:01)* Founder-led Investor Selection and Power Shifting To Specialist Seed GPs (44:53)* Myths About VC Impact, Trend Surfing, and Overstated GP Influence (48:18)* Final Thoughts and Takeaways (53:11)Follow me @SamirKaji and give me your insights and questions with the hashtag #ventureunlocked. If you'd like to be considered as a guest or have someone you'd like to hear from (GP or LP), drop me a direct message on X. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit ventureunlocked.substack.com

Alex Russ is the Head of Americas for Evercore's Private Funds Group. He advises PE sponsors on fundraising strategy, LP positioning, and market navigation, with a focus on helping managers differentiate themselves in an increasingly competitive capital environment. Hilary LaBrash is a Managing Director in Evercore's Private Funds Group, where she works closely with emerging and established managers on fundraising preparation, messaging, and investor strategy. Topics:Fundraising Environment in 2026First Close Strategy & Fund Sizing360 Feedback & LP Pre-WiringWhat Differentiates a GPEmerging Manager Playbook...and so much more.Top TakeawaysYou only get one first impression with LPs. Alex and Hilary emphasized that many Emerging Managers rush into market before the story, team, or positioning is fully ready. In a crowded fundraising environment, LPs rarely “reset” their perception later. If you show up to that first meeting half-prepared, LPs may start questioning readiness, infrastructure, and execution.LPs care about organizational health more than most GPs realize. Alex and Hilary talked about how the best firms create long-term alignment by promoting talent internally, evolving economics as the firm grows, and giving younger partners real opportunity over time. When firms fail to do that, spinouts often follow. For LPs, team stability and incentive alignment are strong indicators of whether a manager can execute consistently across multiple fund cycles.“Founder-friendly” is no longer a differentiator. Many firms use the same buzzwords — proprietary sourcing, operational value-add, founder relationships — making it harder for LPs to tell managers apart. What stands out today is a repeatable process: why you win deals, when you deploy operational resources, how you make decisions, and what specifically makes a company a fit for your strategy.About EvercoreEvercore is one of the world's leading independent investment banking advisory firms, with $5+ trillion in announced transactions since founding. Their Private Funds Group works with PE, infrastructure, real estate, and private credit managers on fundraising strategy, positioning, and LP engagement—across institutional investors worldwide.Investors & Operators is brought to you by 51 Labs51 Labs is a marketing agency for the lower middle market. We offer full-service digital marketing for PE, portfolio companies, IB, VC, hedge funds.Brand Identity, Marketing Strategy, Marketing & AGM Video, LinkedIn Strategy & Execution, Web Design & Development, CRM Support & more400+ videos100+ projects#1 content creator on LinkedIn in the lower middle market

In this 100th episode of Swimming with Alligators, Earnest and Alexa dive into how emerging managers and VCs can truly differentiate in a world where everyone shows the same logos and track records. They unpack why LPs increasingly care about who actually sourced and led deals, why personal differentiation matters more than over-explaining strategy, and how consumer investing is quietly coming back into favor. They explore the limits of “AI strategies” that are more theater than edge, the shifting career paths for 30–40-something VCs, and whether the popular barbell approach to venture (tiny funds + megafunds) still fits a rapidly changing market. They also discuss how diligence is evolving, why moats now look more like trust, data, and distribution than pure tech, and what a wave of large IPOs could mean for angels, new funds, and early-stage competition. Highlights from this week's conversation include: Celebrating 100 Episodes and DDQ Format (0:33)   Differentiation in Fund Decks and Shared Logo Problem (2:12) Why Sourced vs Led Matters and Back-Channel Relationships (3:56) Overemphasis on Strategy vs True Differentiation and Team Cohesion (6:25) Pressure to Go Public, Headaches of Being Public, and Lawsuit Risk (10:14) OpenAI, Anthropic, SpaceX, and Logic of If They Do It, We Have to Do It (12:26) Enterprise VCs Moving into Consumer and Founders Rethinking Moats (14:11) Distribution, Brand, Trust, and Proprietary Data as Defensible Moats (16:25) Google, Personal Data, and Unseen Costs of Using LLMs (18:15) LPs Asking About AI Strategy and Congruent Use of AI Tools (20:44) Start ,Bench, Cut, Trade, and Suspend for 30s and 40s VCs (24:46) Allocators Following a Barbell Approach and Conventional Wisdom (27:11) LPs Diligencing Firm Strategy, Hiring, and Seed Creep at Large Funds (34:56) Audience Q&A Segment Introduction and Contact Information (37:13) Tinkering, Experimenting with Workflows, and Evaluating AI Tool Impact (39:07) Durability of Business Models, Trust, Distribution, and Manufactured Momentum (41:02) Post-IPO Talent Leaving, Mafias, and Angel-Backed New Founders (44:11) Closing Reflections on 100 Episodes and Looking Ahead to the Future (46:24) Swimming with Allocators is a podcast that dives into the intriguing world of Venture Capital from an LP (Limited Partner) perspective. Hosts Alexa Binns and Earnest Sweat are seasoned professionals who have donned various hats in the VC ecosystem. Each episode, we explore where the future opportunities lie in the VC landscape with insights from top LPs on their investment strategies and industry experts shedding light on emerging trends and technologies.  The information provided on this podcast does not, and is not intended to, constitute legal advice; instead, all information, content, and materials available on this podcast are for general informational purposes only. Learn more about your ad choices. Visit megaphone.fm/adchoices

In the third episode of PEI Group's Commitment Issues podcast miniseries, Joana Rocha Scaff of Neuberger Berman and Alexis Maskell of BC Partners unwrap the competitive world of private equity co-investments. Over the past few years, such deals have become an expected feature of a GP's offering, with both investors and managers honing their approaches accordingly. As a very hands-on co-investor, Neuberger Berman looks to “re-underwrite” the asset alongside the GP, Scaff says. She highlights some of the issues that commonly crop up during the process, pointing to bugbears such as GPs going back on promises made or co-investments being pulled into continuation vehicles. For his part, Maskell outlines why he wants to see a variety of sophistication levels among LPs participating in co-investments, including what he likes – and prefers not – to see from clients, and how both sides can work together most effectively.

Not all chronic cough, globus, or voice changes are due to reflux, so how do you distinguish laryngopharyngeal symptoms (LPS) from true laryngopharyngeal reflux disease (LPRD)? In this episode of the BackTable ENT & Allergy podcast, Dr. Ashley Agan interviews laryngologist Dr. Inna Husain about how nuanced diagnostic definitions and a careful clinical approach can improve patient outcomes and avoid both under- and overdiagnosis. Together, they discuss the differences between GERD and LPRD, review the importance of detailed patient histories, endoscopic findings, and the evolving role of biomarkers like pepsin. --- Get the BackTable apphttps://www.backtable.com/app --- Timestamps 00:00 - Introduction02:14 - LPS Versus LPR Basics06:34 - GERD Versus LPRD11:28 - Clinic Workup and Scoping18:02 - San Diego Consensus Debate24:14 - Testing Over Empiric PPIs31:45 - Managing Proven Reflux34:59 - Stroboscopy Before Surgery36:10 - Pepsin Therapies and Tests39:54 - What Counts as Abnormal Reflux44:24 - Tapering Off PPIs Safely50:12 - Long Term Plan and Dietitians55:39 - GLP One Drugs and Reflux57:34 - Menopause Rhinitis and Hormones01:00:09 - Final Pearl For ENTs --- More about this episode They outline contemporary workup strategies, including the San Diego Consensus on Bravo testing, 24-hour pH impedance, and alternatives for negative reflux testing. The conversation covers management strategies, from selective PPIs and lifestyle tailoring to emerging therapies and the impact of GLP-1 drugs, helping ENT specialists refine their approach to complex laryngopharyngeal complaints. --- Resources San Diego Consensus for LPS and LPRD:https://doi.org/10.14309/ajg.0000000000003482 Dr. Inna Husainhttps://innahusainmd.com/ --- BackTable ENT & Allergy is the go-to podcast for otolaryngologists, allergists, and head and neck surgeons. Download the free BackTable app to get early access to new episodes, cases, and courses curated by physicians in your specialty. ► https://www.backtable.com/app

What does it take for a professional snowboarder, six X Games appearances, gold and silver medals, fifteen years on tour, to land in real estate? For Dan Brisse, the answer was watching the guys five and ten years ahead of him lose their houses, their cars, and worse.That was the wake-up call. While most of his peers spent every pay raise on the biggest house they could buy, Dan was reading books and buying apartments. By the time his snowboarding career ended, he had 70-some units already producing passive income.Today Dan co-leads Granite Towers Equity Group, a 3,300-unit multifamily portfolio focused on Dallas-Fort Worth, Nashville, and select Minnesota submarkets. The playbook is disciplined: newer assets (1985 and up), 140 to 300 units, $20 to $40 million purchase price, 95%+ occupancy submarkets with real pent-up demand. Eighty-twenty split with LPs. Sixty-five to seventy-five percent loan-to-value, fixed rate, non-recourse. CapEx raised liquid up front, so the bank cannot force a bad spend.What you'll hear:The chairlift moment that reframed every financial decision Dan has made sinceWhy 78% of pro athletes are broke within three years of retirement and the side-hustle move he made to avoid joining themThe Cleburne, Texas case study: $6.75M acquisition, $2.1M LP raise, full-cycle returnsA second case study where interior upgrades and water conservation drove a 1.8x equity multiple in two yearsWhy Dan believes we are in a generational buying window with multifamily trading at 30-40% discounts versus 2021-22 peaksHis sharpest definition of wealth, and why "rich" and "wealthy" aren't the same thingLearn more about Granite Towers Equity Group: https://www.granitetowersequitygroup.com/contact-usElevista - Speed as a Service™Elevista Connect is the first AI-powered lead conversion system built for real estate investors.

Ørsted closes its European offshore sale to CIP and weighs a $1 billion exit from the US market. Plus MingYang commissions a 20 MW offshore turbine, and ZF’s plain bearings log 36 GW with no measurable wear. Sign up now for Uptime Tech News, our weekly newsletter on all things wind technology. This episode is sponsored by Weather Guard Lightning Tech. Learn more about Weather Guard’s StrikeTape Wind Turbine LPS retrofit. Follow the show on YouTube, Linkedin and visit Weather Guard on the web. And subscribe to Rosemary’s “Engineering with Rosie” YouTube channel here. Have a question we can answer on the show? Email us! [00:00:00] The Uptime Wind Energy podcast, brought to you by StrikeTape, protecting thousands of wind turbines from lightning damage worldwide. Visit StrikeTape.com. And now, your hosts Allen Hall: Welcome to the Uptime Wind Energy podcast. I’m your host for today, Allen Hall, along with Matthew Stead, Rosemary Barnes, and Yolanda Padron. If you’re going to be in Houston for Clean Power 2026, mark Wednesday, June 3rd on your calendar. The Australian American Chamber of Commerce, Texas is hosting an invitation-only panel and networking reception with cocktails from 6:00 to 8:00 PM at the Houston Club, and I’ll be moderating. We’re bringing together Australian and US wind energy experts to compare notes on how two markets handle O&M, lightning risks, blade inspections, remote monitoring, and where operational gaps [00:01:00] are. The evening also marks the North American commercial launch of EOLOGIX-PING’s satellite-based lightning monitoring system, developed with Adelaide-based satellite IoT company, Myriota. So in joining me on the panel, our own Matt Stead, co-founder of EOLOGIX-PING, and Mark Norman, VP of Edge Solutions at Myriota, and Weather Guard’s Yolanda Padron. EOLOGIX-PING and Myriota have systems already deployed in Japan and Australia, and a little bit in the US here at Weather Guard, and they’re stepping into the North American market at American Clean Power with this advanced lightning monitoring product. So you’ll want to be there and see this new product introduced. It is an invitation-only event, so if you’re at Clean Power and want to be in the room, reach out to us on LinkedIn so we can get you on the list. Orsted finished selling off its European offshore wind business to Copenhagen [00:02:00]Infrastructure Partners, better known as CIP or as it’s a-affectionately called CIP. Now, Bloomberg reports the Danish company is exploring a sale of its US portfolio also, which includes a whole bunch of wind. It’s a decent amount of solar and battery storage in a deal that could bring more than about a billion dollars. Uh, the business generated more than one-fifth of Orsted’s total operating income just last year. Uh, meanwhile, uh, more than 50 US organizers are urging RWE CEO, Markus Kroeker, not to hand back over $1 billion in US offshore wind leases as part of a reported deal with the Trump administration. Uh, so the, the pattern is clear, everybody. European developers are being pushed towards the exit in the American market. The Ørsted situation’s been going on several months now. I, I think it’s pretty much common [00:03:00] knowledge, I would assume at this point. W- we’ve known for months, and I th- think a lot of people we’ve talked to have been saying Ørsted is prepping for a sale. The question is who? And the, the RWE getting rid of their offshore leases in the United States would be a little bit of a odd move. However, a billion dollars back in your bank account is probably a smart move today. So are the, the Germans and the Danish leaving America?  Yolanda Padron: Ørsted’s still keeping their offshore in the US, right?  Allen Hall: Yeah, I don’t know if they’ll be able to sell it off. They own it 100% at this point, right? All the partners have pulled out But I wonder if that’s on the auction block also. That it could be  Matthew Stead: So why? Why are they, why are they selling? I mean, there has to be a reason. I mean, do they have better use for the money elsewhere, or do they just have lost faith in the, the USA?  Allen Hall: It could be a combination of both, right? Both can be true at the same time. I do think the cash flow is an issue [00:04:00] for renewable energy companies at the minute, so if they can get some money back into the coffers and to get ready for the next big run of development, they probably should do it now. But things, especially it does seem a little bit on the slow side on the re- renewable development, except in the UK where it’s going crazy.  Do you think then that they’re looking for American people to sell it to?  Allen Hall: Or Canadian. If Ørsted sells their onshore business, uh, to CIP, it still remains in Danish hands, so it wouldn’t necessarily be a, uh, removal of the Danes from America, not, not quite. Matthew Stead: Yeah. I’m just a bit confused why, you know, why, you know, why would it, um, attract a good price at the moment? So I would’ve thought, you know, if it was me, I would’ve take the long-term view and just hang onto it.  Allen Hall: Well, the, the tax credit’s already built into those businesses, right? I, I at least that’s what I would assume, that the, the tax credits are still [00:05:00] available on a number of the Ørsted sites. They’re not that old. A lot of the wind sites are not that old, so you could gain that tax advantage. It may make sense. It may be a, a Berkshire Hathaway or somebody like that may, may jump into the mix.  Rosemary Barnes: Yeah, and maybe because there’s not so much opportunity for new developments at the moment, that might be maybe it’s appealing for that reason, that there’s, yeah, not, not so many wind opportunities around, and companies want wind in their portfolios, so. Allen Hall: Or data centers like we just saw with NextEra and Dominion. The, the drive for, for data centers, uh, is pushing the, the power demand, and if you could buy wind, solar, and battery all together, most of it kind of co-located, you could put some data centers in Texas ’cause a vast majority of that Ørsted fleet is in a place where you could plant a data center right next to it. Maybe that’s, maybe that’s the thought. Uh, if they saw NextEra and Dominion join hands, maybe there’s another partnership in the mix. That would be really interesting. Maybe it’s Elon. Maybe [00:06:00] SpaceX or, uh, Tesla could just buy Ørsted’s onshore wind business. That would be a- amazing.  Matthew Stead: I thought they were going into space. Why would they be bothering with the Earth?  Allen Hall: You gotta power the rockets before you launch them, right? You get so-  Matthew Stead: gotta get some power from somewhere. Allen Hall: Delamination and bondline failures in blades are difficult problems to detect early. These hidden issues can cost you millions in repairs and lost energy production. CIC-NDT are specialists to detect these critical flaws before they become expensive burdens. Their nondestructive test technology penetrates deep into blade materials to find voids and cracks traditional inspections completely miss. CIC-NDT maps every critical defect, delivers actionable reports, and provides support to get your blades back in service. So visit cicndt.com because catching blade problems early will save you millions[00:07:00] China has commissioned what is being called the world’s largest offshore wind turbine. It’s a 20-megawatt machine built by MingYang Smart Energy, installed off the coast of China in the South China Sea. The structure stands about 240 meters tall with blades around 128 meters long. That’s a pretty good-sized blade. And it’s rated to survive gusts up to 80 meters per second. But the real story is what researchers are watching after the turbine starts up. Early reports say that the rotor that is massively big will create measurable changes in local air currents and temperature distribution. At this scale, offshore wind creating a physical footprint that scientists want to measure and We have seen this effect here at Weather Guard Lightning Tech, watching storms go through the big wind farms [00:08:00] in the United States. So you can actually see storm behaviors change because of the quantity of turbines, and the turbines are getting to be high enough with the hub heights approaching 100 meters. But nothing as big as a 20 megawatt machine out on the ocean. It’s mixing the t- the, the air quite a bit, changing the temperature. Uh, is this something that climatologists are looking at, Rosemary, or, or, or watching closely, particularly with the, uh, fish life and sea life around the wind turbines?  Rosemary Barnes: I don’t know. My thing with MingYang is that they’re always, like, you only ever hear about them ’cause they’re announcing the biggest something, right? Um, that’s like the extent of it. It’s not like you hear about, oh, there’s a wind farm near you and it’s gonna have MingYang turbines in it. You never hear that. You only hear about they’ve got the biggest, and now next year they’ve got the new biggest, the biggest, the biggest, the biggest. And, uh, it’s like I know that they do actually make some, like, a lot of turbines. I think they’re in the, we mentioned last week, they’re in the top five manufacturers, um, mostly or maybe [00:09:00] pretty much entirely for the Chinese market. Um, so it’s not like I think they don’t make anything. But I do think it’s quite easy to announce the biggest something. This announcement is also like, yeah, okay, but is it real? Like it’s the, it’s a big, it’s a really big turbine. It’s going pretty high, but like offshore, um, there are, I think, onshore turbines being announced that are gonna go as high or higher because, you know, onshore, um, turbines have much taller towers than, than offshore. So I actually don’t think that it probably is a record for the tallest, like, tip that’s scraping. This is a thing that’s always happened, and sure, that’s interesting to have a look at and see if it has any local impact. It’s not like it’s, it’s not creating energy, right? It’s not gonna warm up, um, the, the planet. I mean, it’s, yeah, taking energy out of the, the air and then converting it to electricity. Um, so overall you’re gonna end up with the same amount of, of energy. But yeah, could be interesting to study, study what’s happening specifically.  Matthew Stead: I think it’s a so what question. You know, so what? I mean, I can sneeze and [00:10:00] I’d change the local environment, but who cares if I sneeze and change the local environment? You know, the, you know, the weather is inherently turbulent and, you know- There’s mixing and there’s all sorts of stuff naturally occurring. Yeah, my question is, so what?  Rosemary Barnes: Yeah. I mean, it’s interesting in terms of, like, wakes of wind turbines and, you know, there’s, uh, people are researching that more because it’s not well enough understood, I think, for some of the really big offshore wind regions where there’s heaps of different wind farms and, you know, like, you’re gonna wanna know if you’ve got a win- an existing wind farm or you’re planning one, and then they sell, um, rights to build one immediately upstream of you, then, you know, you’re gonna wanna understand how, how all that local atmospheric stuff is, is happening exactly. Um, but yeah, like, it’s not, it’s not quite new and it’s not, yeah, like you said, it’s not unique to wind turbines. Um, so yeah, it is, like, slightly interesting, I would say. 5 out of 10 interesting.  Allen Hall: How much time should we spend on contrails? [00:11:00] Because we spent a good 20 minutes before we started this podcast talking about contrails, which is a one or maybe a negative one on the scale of should I follow this? Rosemary Barnes: How interesting is the fact that air travel is contributing to climate change? How interesting is that on a scale of one to 10?  Allen Hall: Zero.  Matthew Stead: Eight.  Allen Hall: It’s like the, it’s like the cow argument, right?  Rosemary Barnes: Allen doesn’t care about climate change. That’s okay.  Allen Hall: You asked me to put it on a ranking of where it is in importance. It’s, it’s nowhere near m- even a five.  Rosemary Barnes: Yeah. So Yves said zero. Matt said eight. What about you, Yolanda? How, how interesting is the fact that air travel impacts climate change?  Yolanda Padron: I think it’s, like, a six.  Rosemary Barnes: Six. Okay. And so did you know that, um, airplanes are 2.5% of the world’s emissions, um, come from air, air travel? And did you know that I think it’s [00:12:00] 4% of the world’s warming comes from air travel? Of the warming, two-thirds of the warming that is caused by air travel or airplanes, uh, could be freight as well, it’s not to do with CO2. So some of that is, you know, like other, um, gases like NOx is a pretty potent greenhouse gas. Contrails are the biggest single component, the single biggest factor causing warming from, um, from air travel. And it’s not, it’s not necessary. You know, every airplane doesn’t create contrails in every trip. It’s, it’s a small number. Like, it’s a pretty small number of trips that are making contrails, and if we can better understand how like, what are the factors that lead to a contrail being formed or not, then we can avoid them and, you know, get rid of a, a percent or two of the world’s global warming. I think that’s just really huge.  Matthew Stead: What would you do about it, Rosie?  Rosemary Barnes: There’s a couple of solutions I know that other people are working on that sound very interesting to me. So the first is that if you change the fuel, like, [00:13:00] um, to sustainable aviation fuel, like a, a biofuel, some of those that have been tested also produce less contrails. I don’t know the exact reason why. Would be interesting to find out. That’s one thing. But secondly, um, if you can get good data about, like, very local atmospheric conditions and, you know, let the world’s airplane fleet can communicate with each other and some AI processing in real time, you can make small changes to your flight path to avoid making contrails, and yeah, you get, um, a small increase in, in f- fuel burn, I guess, from deviating from the most efficient route, but a big, big inc- um, decrease in contrails. Uh, so I think both of those are really promising solutions.  Allen Hall: It’s not that easy It isn’t like every airplane’s out there changing its altitude to keep away from creating contrails. There’s whole systems, thousands of people working at any one moment to keep airplanes up in the air. So it, it’s not something you just willy-nilly say, [00:14:00] “AI can adjust my altitude or my flight plan to deviate so I can prevent contrails.” It’s not that easy. It’s actually a huge undertaking, and it may end up burning more fuel.  Rosemary Barnes: Oh, I mean, it’s an incredibly complex system to keep airplanes up and not colliding. Um, I believe it’s not centrally planned. It’s not like you’re not logging your whole flight path any- anymore. I, I listened to a podcast about this the other day, and in the past you used to log your entire flight plan and not deviate from it, but now it, it’s done a bit on the fly. So I’m sure that there are already hundreds or thousands of factors that an aircraft computer is taking into account, um, when it’s figuring out exactly where it’s gonna go, and this would be another bit of complexity. I don’t, I don’t think it’s easy, otherwise we’d already be doing it. But I think it’s, it’s promising. And I think it’s easier than making hydrogen airplanes, for example. I think it’s easier than electrifying airplanes. And the fact of it is that even if you do [00:15:00] have sustainable aviation fuel, if it’s still making contrails, it’s still causing warming. So if you wanna actually s- solve, uh, you know, heating from flying, then you have to, you have to tackle the contrail part of the problem. It’s the biggest, it’s the biggest chunk on its own, bigger than CO2.  Matthew Stead: So did we get here by talking about possible contrails from wind turbines? Is that what we were talking about?  Rosemary Barnes: No. It was because Allen was saying before that we were gonna go off the rails, and he’s like, “Oh, you know what? In no time we’ll be talking about contrails,” like using it as an example of a tinfoil hat-wearing person. And I’m like, “Actually, that is a tinfoil hat that I do like to wear,” the contrails one. Um, not because I think the government is controlling me, uh, with with, you know, targeted hor- hormone or chemical releases via contrails, but because of the global warming potential.  Matthew Stead: Could a, a really tall wind turbine create contrails? What, what’s the physics behind that?  Allen Hall: [00:16:00] It’s just, um, water, right? So you’re just condensing water and shoving it out the back. When you’re burning hydrocarbons, it’s one of the byproducts, right? It’s like in, when, in an internal combustion engine, you see water dripping out the tailpipe. It’s this very similar kind of thing. Uh, so how much water comes out is dependent upon somewhat the fuel, as Rosie’s pointed out, so you can slightly change it, but a lot of it has to do with the temperature, altitude, pressure moisture content of the air, all those different factors play into it. So you’d have to have, in order to go look at it, you’d have to have a bunch of sensors on the airplane, which, which the aircraft may have some of them, but probably not enough to determine if they’re creating contrails besides looking out the window to see what’s coming out on the backside of the engine. Matthew Stead: A wind turbine could not create contrails. The pressure differential and the, the vapor pressure-  Allen Hall: Yeah, it’s not enough to, you’re, you’re not, you’re not changing temperatures enough, [00:17:00] right? So you, you basically have to change the dew point. That’s the way I would think about it. You have to change the dew point somehow, which I guess you could do maybe by a degree or so locally, you may be able to, to change it, and maybe you could. Um, well, we have seen tip vortices, right? So tip vortices, you have seen these contrails off the, the tips of, of, of aircraft wings.  Rosemary Barnes: But are they durable? You know, ’cause like, yeah, you see tip vortices off, yeah, off wing, wingtips, off wind turbine tips as well. But I don’t think they stay in the air after, you know, they, um, you can see them, and then they dissipate usually. Allen Hall: Yeah, it, it depends. You’ll see it when aircraft land quite a bit. Depends on what the temperature, humidity is at that particular moment, but th- those will, those will hang around a little bit  Rosemary Barnes: But I mean, certainly you can, you can, um, cause droplets to freeze from a wind turbine being there. That’s how they get iced up, is that their… Or either their water was super cooled to begin with and it just needs a, a surface to latch onto so that the crystal can, [00:18:00] um, form or also, yeah, like, I mean, in the aerodynamics there is that point between where the air goes over and under and you, um, sta- stagnation or-  Allen Hall: Stagnation point?  Rosemary Barnes: Yeah. So you can, um, you, you could get some freezing there. Allen Hall: You can create cold zones.  Rosemary Barnes: I, as far as I know, all that stuff is just causing ice to build up on the blade. I don’t think that it’s, um… Yeah. And anyway, even if it did, like even if you did affect the, um, you know, have some ice particles forming in the, um, the wake then it’s just going to, or I don’t know, get hit the next time the, the, the blade goes through or, yeah, fa- fall out I would think ’cause it’s quite close to the ground  Allen Hall: but- Just to tie into what Rosemary’s saying, although I think wasting time on contrails is not worth the effort, I do think meteorologists do not do enough work on big changes that are happening to the planet in regards to, like, renewable energy is one of them, like wind turbines. I [00:19:00] haven’t seen a lot of work done about are wind turbines changing the temperature locally or not. I mean, they- I’ve seen some top level things, solar panels, but the same thing could be seen about shipping.  Rosemary Barnes: Oh, I mean shipping, shipping was, shipping was, um, cooling the planet until we, um, brought in restrictions on how much, um, sulfur emissions that you could, you could make. But can I use this to actually plug a, um, a, a pro- a collaborative project that we’re about to start where actually, uh, this is quite specific to Australia, to Queensland and Northern New South Wales. We’ve got a study, uh, collaborative study from a bunch of wind farms in that area and getting some academic researchers involved to look at how, like very detailed how lightning is in that region. And one of the questions that we’re gonna look at is what, h- how has the, um, the presence of wind farms, like when wind farms are built, how has that affected the local lightning, um, area? [00:20:00] So we’re gonna be able to answer, uh, you know, like to what extent have these wind farms caused increases in In lightning  Allen Hall: Or decreases  Rosemary Barnes: Or decreases. I’d, I, oof, yeah. I, I’d be surprised if it was decreases, and I will say, like, yeah, that area of Queensland, northern New South Wales, um, you know, they get kind of tropical storms, um, heaps and heaps of lightning, you know, hundreds hundreds of, um, strikes in a single storm sometimes, you know, and, you know, in one wind farm. But even if you think, like, uh, down in Victoria, New South Wales and Victoria, where you look at a lightning map and there should be very little lightning there, there are certain sites that are actually having huge problems with lightning, like way more strikes than you would expect based on the map, and I think that partly that’s also ’cause it just varies locally. But the other thing is, like, a l- a lot more of really damaging strikes. It is something that’s the world needs to do more of, is looking into, like, really local lightning, understanding how the wind farm is interacting with the lightning, causing lightning, how it differs from place to place. [00:21:00] I’m really hoping that, yeah, this, this one study that we’re working on now, and anyone who has a wind farm in that area, Queensland, northern New South Wales, if you wanna be involved, get in touch. The more people involved, the cheaper it is. But I think that that’s definitely something that can improve how lightning protection systems are, are designed, if we just know, like, what’s, what’s happening. ‘Cause there aren’t great links between OEMs doing the design and people in the field experiencing damage. Like, they don’t talk. Even when it’s the same company, you know, if it’s Vestas or GE that designed the turbine and is now servicing the turbines, they, they don’t necessarily talk to each other as much as, um, would be ideal.  Allen Hall: Using the EOLOGIX-PING lightning sensors, we just completed a study over a five-year period, uh, just about that subject. Rosemary Barnes: Where, where did you do that?  Allen Hall: In the States.  Rosemary Barnes: And will you be publishing the results and sending a, a letter to Vestas and GE and Siemens and whoever else and send them a letter, “Attention lightning expert”? [00:22:00] Matthew Stead: We’re probably just gonna put it on the website.  Rosemary Barnes: But is there even a, a, a conference, a, a conference for wind turbines and lightning? Con- considering it’s, like, one of the number one O&M things, like we’re-  Matthew Stead: There’s one in Melbourne next year in February.  Rosemary Barnes: I wasn’t attempting to, um, set the stage for, uh, this is why everyone has to come to our event. I mean, it, it, it’s so strange to me that there isn’t just, you know, like, a big conference every year. I mean, it could be every two years where all of the univ- like there’s heaps of people researching it, heaps of people working on designing on it, heaps of people working on operating it, repairing it when it doesn’t work, and, um-  Allen Hall: I think they’re looking at it from a very, uh, local scale And looking at a turbine taking a lightning strike and the things you can do to reduce damage or what the, the physics are locally, ’cause we don’t understand all that much about lightning, honestly. However, on a, on a larger scale, which is what the effort we’re working on right now, is that we’re looking at several states that are right in the thunderstorm alley and where [00:23:00] there’s a lot of wind turbines, thousands and thousands of wind turbines. What you see is, uh, a real change in the, in the weather patterns and in lightning, but it depends on the time of year. And having the EOLOGIX-PING lightning sensors on gives us a better sense of the number of strikes that are occurring, where they’re occurring on the wind farms. Uh, o- otherwise, all the other services that you could use wouldn’t be nearly as accurate. A lot of false positives.  Rosemary Barnes: But I wanna say, like, I think you’re so right that lightning it- it’s very local, like, and s- lightning behaves differently depending where you are. It dep- dep- behaves differently or it affects your turbine differently depending on what kind of LPS you’ve got. But the problem is that it’s not like there’s, um, you know, a catalog of LPSs and you’re like, “This one suits the lightning in Japan, and this one suits the lightning in Queensland.” It’s one– Y- if you want a GE turbine, this is the, it comes with a certain type of LPS, and the same with, with Vestas and, you know, ev- every other manufacturer. And they’ve all, I’m sure, got types of lightning that [00:24:00] they are better or worse suited to, but the information is, is certainly not out there for someone who’s choosing a turbine, and I don’t think that it’s actually properly understood by, by anyone. Because, like, who’s measuring all of the characteristics that you would need to know to design the LPS better? Almost no one. Most of the people doing that in the world are probably, yeah, on this podcast today. Um, but it’s, uh… And, and when they are being measured, is it being communicated back to every OEM so they can know? Like, of course it’s, it’s not.  Allen Hall: I’ll give you a good example because it happened over the past week or two. Looking at a wind turbine blade that had some damage to it, and the question was, was it caused by lightning? That was the question. And that’s a really good question. So I thought, “Oh, this will be easy,” because there’s gonna be a plethora of- lightning test data reports talking about testing of this particular kind of aluminum mesh on fiberglass surfaces, and [00:25:00] there really is not much. I was shocked by it. So I always think like if, if I can’t put my fingers on it readily, then what is a blade engineer or a site supervisor or someone who owns an asset’s gonna do?  Rosemary Barnes: I saw a presentation at Wind Europe last year or whenever I went, when I met with, with you both, probably both of you there, um, uh, that Polytech did where they had done some fatigue testing, um, of copper mesh and its lightning, um, protecting capabilities. And they did f- they, so they, you know, put some mesh into, um, fatigue testing, I, I think, or they, they damaged it a bit with a bit fatigue, some micro cracks and stuff. And they just did find that it heated up a lot after that. Um, you know, after it was a bit damaged, they were getting like real hot spots. And so then you’re gonna start to see laminate damage, um, in the, the area underneath that. So yeah, I, I think that more, more, like it’s a, it’s a good step that we’re now thinking [00:26:00] of, you know, protecting better than what we used to do with just, you know, one receptor in the, the tip and a cable, especially, you know, throw in carbon fiber and you, you know, make a second electrically conductive path and have flashover and stuff. It’s really great that, you know, we’ve evolved beyond that design, but it’s not finished yet. Like th- all those designs are new. There’s a lot of them out there. It sound like everyone’s like, “Oh, it’s, you know, we don’t have to worry if it’s got mesh over the whole blade.” It’s like, okay, maybe you don’t have to worry. Maybe, maybe you do. We, we kind of have to, have to keep on monitoring those for a few years and sharing the information.  Allen Hall: As wind energy professionals, staying informed is crucial, and let’s face it, difficult. That’s why the Uptime Podcast recommends PES Wind Magazine. PES Wind offers a diverse range of in-depth articles and expert insights that dive into the most pressing issues facing our energy future. Whether you’re an industry veteran or new to wind, PES Wind has the high-quality content you need. Don’t miss out. Visit [00:27:00] peswind.com today. In the current issue of PES Wind Magazine, there are a number of great articles. If you haven’t received your copy, you should just go to peswind.com and where you can read it and download a copy. Well, uh, this issue has an article from ZF and talking about gearboxes. And as we all know, inside every gearbox there are bearings and surfaces. Those tend to be the weak links when things break. And for decades, the industry has used roller bearings and, uh, the same kind basically you find in other machines. Uh, they work, but they do wear out. And how many times have you seen bearings, roller bearings wear out inside of gearboxes? Quite a bit. So– And they, they, they break down, they go offline. It’s, it’s a big problem. But ZF Wind Power says it has cracked the code with its hydrodynamic plain bearings. The company has already installed 36 gigawatts of gearboxes [00:28:00] using this technology, and they say field inspections show no measurable wear. Uh, the next generation, uh, which is a single film design, is heading to production in 2027. So ZF uses a different technique to keep their gearboxes running for a long time, which is, uh, it’s a simple device mechanically, but it is quite complicated in the way you have to design materials. Uh, basically plain bearings are what’s used in, in internal combustion engine around camshafts and things of that sort. But designing those and making sure you have the right materials is the trick, Matthew, and you’ve been around cars for quite a while. It’s, it’s the right approach if you can make it work, and it looks like ZF has done a really good job of making these, uh, bearing services work.  Matthew Stead: Yeah, it sounds like a, a perfect, uh, innovation. I, I heard about this the first time, I think it was a couple of years ago. And, and like you said, Allen, um, you know, cars for the [00:29:00] last 100 years or so have, have been using journal bearings. I probably need to fact check that one. It may not be 100 years yet, but definitely cars from a long time ago have been using these, um, these bearings. Um, I, I think, uh, one question is, though, around condition monitoring. You know, how do you actually monitor the condition of the, the s- the surfaces? Um, you know, with a traditional roller bearing, you can use, you know, vibration techniques. I’m not aware of as many condition monitoring techniques for, for the journal bearings. Um, perhaps, um, obviously the oil, oil particle and, you know, checking the oil quality, et cetera, et cetera. But, um, that might be where the gap might occur. But You know, if they’re lasting, if they’re not degrading, um, there’s no moving parts, um, yeah, great  Allen Hall: The issue is lubrication, right? Because you’ve got basically two well-designed flat metal surfaces that you have to provide lubrication to, and those two surfaces are moving relative to one another. The lubrication [00:30:00] matters ’cause you’re literally riding on a very, very thin layer of lubricant. So making sure the lubricant gets in there, that it’s, it’s clean, and it’s always available, uh, is the trick. That’s why in today’s world, a lot of internal combustion engines can go several hundred thousand miles in a vehicle because the lubrication systems have gotten so much better over the last 50, 60 years. And ZF is probably using something very similar, where the, the technology has gotten better and the metallurg- the metallurgy has gotten way better, and control of that. Because the, the bearing surface really matters, and there’s two pieces to it, right? You got this rotating– To simplify it, you got a rotating shaft, and then you have this bearing surface that that shaft sits on. The, the rotating shaft is gonna be made out of something relatively hard, where the bearing surface is gonna be made out of a mixture of metals that is a little bit soft. So if anything goes wrong, that bearing surface, that little race right there, uh, will wear, [00:31:00] and you can replace it. But if kept lubricated and cleaned and proper, that will run dang near forever, as ZF has proven. Matthew Stead: I think it’s the starting load. I think it’s when it’s at stationary and then starts. So I’m getting that initial lubrication. From my understanding, that’s where the, where the challenge lies. And, you know, obviously in a combustion engine in a vehicle, it’s starting and stopping all the time. So, um, but I just wonder, are the loads higher? Um, how does that occur in a, in a actual, um, gearbox on a, a turbine?  Allen Hall: Right. It’s not like a main, uh, shaft bearing, right? The– It’s, it’s in a gearbox. You have a lot of planetary gears and a lot of rotating com- pieces there But the, I think the trick is, one, understanding what’s happening load-wise, and hydrodynamic bearings can have some issues if things are twisting in weird ways. So a gearbox is probably the right place to do this technique because of it’s a [00:32:00] controlled environment necessarily.  Matthew Stead: Alignment.  Allen Hall: Yeah. So you can, you can control how the, the loads are carried internally to it, which would make it last a lot longer. S- because roller bearings and, and all of the complexities around that, uh, we’ve seen those fail so many times inside of wind turbines because it’s hard to control everything about that. Al- although they, they can be extremely durable, I would say ZF is onto something in, in terms of delivering a gearbox that can actually run longer using, uh, good engineering. That’s what it is. It’s just really good engineering. So if you haven’t seen this issue of PES Wind, you should download it today. Go to peswind.com. That wraps up another episode of the Uptime Wind Energy podcast. If today’s discussion sparked any questions or ideas, we’d love to hear from you. Reach out to us on LinkedIn. And don’t forget to subscribe so you [00:33:00] never miss an episode. And if you found value in today’s conversation, please leave us a review. It really helps other wind energy professionals discover the show. So for Rosie, Yolanda, and Matthew, I’m Allen Hall, and we’ll see you here next week on the Uptime Wind Energy podcast.

Send us Fan MailLEARN THE CAPITAL RAISING STRATEGIES AND FRAMEWORKS used by alternative asset professionals: go.fundraisecapital.coThis episode of Making Billions with Ryan Miller & Aman Verjee delivers the secondary market playbook that gives managers a structural advantage over every fund ignoring this shift.How do venture secondaries solve LP liquidity problems in 2026? Former PayPal and eBay CFO Aman Verjee reveals the exact system for buying into elite VC deals at 70% below market value. Fund managers face a quiet crisis: DPI timelines stretching 10-12 years while LPs demand exits far sooner. What separates fund managers who retain LP trust from those who lose it? Verjee breaks down how to audit your fund structure today, identify liquidity gaps before they become emergencies, and build relationships with secondary buyers years before you need them. He shares the due diligence framework used to evaluate SpaceX, Anthropic, and Canva positions when information is limited and markets are opaque.[THE HOST]: Ryan Miller is a fund manager, capital strategist, and former CFO turned angel investor in technology and energy. He is the founder of Fund Raise Capital and Aequor Capital Partners, and has mentored over 1,000 fund managers across private equity, private credit, venture capital, real estate, and alternative assets globally.[THE GUEST]: Aman Verjee has more than 20 years of financial and operational experience from both private and public technology companies. He has been a member of the management teams at some of the most successful companies in the world, including PayPal, eBay, 500 Startups and Sonos. His new book, A BRIEF HISTORY OF FINANCIAL BUBBLES, comes out in December.Subscribe on YouTube:https://www.youtube.com/channel/UCTOe79EXLDsROQ0z3YLnu1QQConnect with Ryan Miller:Linkedin: https://www.linkedin.com/in/rcmiller1/Instagram: https://www.instagram.com/ryanmilleroffical/X: https://x.com/_MakingBillionsWebsite: https://making-billions.com/Support the showSupport the showDISCLAIMER: This podcast is for entertainment and general informational purposes only — not legal, financial, tax, or investment advice. Nothing herein constitutes a solicitation or offer to buy or sell any security or investment product. Past performance does not indicate future results. Always consult qualified legal, financial, and tax professionals before making any investment decision. NAME NOTICE: "Making Billions with Ryan Miller" reflects the profile and aspirations of guests featured — it is not a promise, projection, guarantee, or representation of any financial result, income, or outcome for any listener, viewer, or reader. Most individuals who consume this content do not raise any particular amount of capital, and many achieve no financial result whatsoever. "Fund Raise Capital" is a brand identifier only — it is not a promise, guarantee, or representation that any member, subscriber, or listener will raise capital, attract investors, or achieve any financial or professional outcome. This show does not constitute a business opportunity, franchise, investment program, or offer of any product or service of any kind. No part of this show should be construed as a solicitation for investment in any way. Guest views are their own and do not necessarily reflect those of the show or host. Host and/or guests may hold positions in assets discussed. This episode may contain paid sponsorships, advertisements, or endorsements. Sponsored content is identified where...

Eunice Ajim graduated high school at 15, moved to the US from Cameroon with almost no financial support, and built a hairstyling business to pay for college. She quit Apple inside eighteen months, got wiped out building her first company, and slept in her car before she ever raised a dollar. Then she co-founded OpenTeams, exited it, and launched Ajim Capital, a pre-seed and seed fund backing African tech founders, with no institutional backing, no famous university network, and LPs she found on the internet. In this conversation, we go from Austin to Cameroon to Africa's next category leaders.

Top 100 Albums of the 1970s: Part 2 From Alice Cooper's' 'Billion Dollar Babies' to Pink Floyd's 'Dark Side of the Moon', Kennedy and Clarke buzz through the decade's best LPs, offering insights, trivia, light condemnations, and spirited accolades. The second episode of a two-part  trek, it's the perfect info to enhance your record collection. Listen in.    

Academy Award and Golden Globe winning songwriter John DeNicola joins me to chat about the craft of writing songs.  Also, if you don't know what a tip-on jacket is, you'll learn in this episode!Mentioned in this Cast:JohnDeNicola.com, OmadRecords.com. LPs "The Why Because," "She Said," and, "Don't Wait."Sweetback, Rich Cannata (Billy Joel), Keith Reid (Procol Harum) , Steve Holy, Peter Lewis (Moby Grape) & Arwen Lewis  - son & granddaughter of Oscar- winning actress Loretta Young, Franke Previte (Franke & The Knockouts), Donald Markowitz, Steve Winwood, Gin Blossoms, Juliana Hatfield & Eric Payne (Bets), Tip-on jacket (Stoughton Printing).       Dirty Dancing  "Hungry Eyes"  and "(I've Had) The Time Of My Life"Vodcast version available at https://www.YouTube.com/HerKimba

What happens when a real estate syndication exits and all that bonus depreciation comes back into play? In this episode, Nate Sosa and Thomas Castelli break down depreciation recapture, cost segregation, and the tax implications GPs and LPs need to understand before selling a deal. Topics discussed include: - Bonus depreciation and cost segregation - Depreciation recapture mechanics - 1245 vs. 1250 vs. 1231 gains - 1031 exchanges in syndications - Refinancing strategies - Partial asset dispositions - LP communication and tax planning - Time value of money and tax deferral Request a free discovery meeting: go.therealestatecpa.com/mlre Get the Ultimate Guide for Real Estate Syndications: go.therealestatecpa.com/mlreultimateguide Submit your questions to: go.therealestatecpa.com/question The Major League Real Estate podcast is for general information purposes only and is not intended to provide, and should not be relied on for, tax, legal, investing, financial, or accounting advice. Information on the podcast may not constitute the most up-to-date legal or other information. No reader, user, or listener of this podcast should act or refrain from acting on the basis of information on this podcast without first seeking legal and tax advice from counsel in the relevant jurisdiction. Only your individual attorney and tax advisor can provide assurances that the information contained herein – and your interpretation of it – is applicable or appropriate to your particular situation. Use of, and access to, this podcast or any of the links or resources contained or mentioned within the podcast show and show notes do not create a relationship between the reader, user, or listener and podcast hosts, contributors, or guests. Any mention of third-party vendors, products, or services does not constitute an endorsement or recommendation. You should conduct your own due diligence before engaging with any vendor.

PR Yu is one of the largest solo GPs in the world — a sole decision-maker controlling hundreds of millions of dollars, with ~100 LPs heading into Fund IV who keep coming back. At Yu Galaxy, no partners means no committees, and deals can close in hours. His portfolio spans healthcare, robotics, and AI, anchored by contrarian bets like Leo Cancer Care — a hardware play Sand Hill Road largely passed on, now tracking toward a multi-billion dollar IPO. Yu calls it "ethical capital at speed": the fastest check on the table, without compromising on principle. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

After 18 years, 42 deals, $300M raised, and 500+ accredited investors, I can tell you exactly what sophisticated LPs want — in this order: 1️⃣ Capital preservation (above all else) 2️⃣ Capital growth (with conservative underwriting) 3️⃣ Communication (proactive, transparent, factual)   In this clip from The Vinney & Beau Show, I break down the institutional-grade standards every HNW investor should demand from a sponsor: savvy operators with $1B–$3B track records, 73–83 page institutional packets, sensitivity analysis, and diversified fund structures that protect against asset-class concentration.   If your sponsor can't show all three? Walk away.

This week on Swimming with Allocators, Earnest and Alexa welcome Mike Kakenmaster, Director of Investments at Loyola University Chicago, to discuss how a small endowment builds and scales a modern private capital and venture program. Mike shares his journey from hedge funds and a family office to Loyola, explaining how being a generalist across asset classes (hedge funds, buyout, credit, venture) helps him see risks, opportunities, and market cycles more clearly. The conversation covers the shift of LP attention between private markets and hedge funds, how Loyola doubled its private capital allocation, and why they moved deliberately into venture instead of rushing into brand-name funds. Mike also explains why early-stage track records can be misleading, how he evaluates managers (portfolio construction, reserves, access, networks, and founder/company quality), and why smaller and emerging managers can be especially compelling. Also, Chuck Daly of Sidley focuses on how first-time fund managers should thoughtfully build their operational and governance infrastructure, especially around disclosures and conflicts of interest, so they can run a real business, protect LPs, and clearly communicate how they'll handle inevitable issues. Highlights from this week's conversation include: From Hedge Funds And Family Office To Loyola Investment Office (0:30) What Keeps Mike Interested in Allocating and Fund Investments (3:14) Advantages of Being a Generalist Across Multiple Asset Classes (5:42) Shift of Capital Between Private Markets and Hedge Funds (10:30) Growing Loyola's Private Capital Allocation and Building from Scratch (13:22) Early Days Entering Venture During a Hot Fundraising Environment (16:51) Operational Infrastructure, Disclosures, and Conflicts Framework for GPs (19:20) Governance Framework and Handling Unforeseen Conflicts of Interest (22:40) Avoiding Overreliance on Early Venture Track Records and Marks (27:53) Evaluating Reserves, Follow-On Decisions, and Portfolio Construction (32:14) Loyola's Venture Strategy, Emerging Managers, and Fund Size Sweet Spot (34:34) Advantages of Partnering with Smaller Endowments for GPs (39:16) Advice to Smaller Endowments Starting a Venture Program (43:20) Final Thoughts and Takeaways (46:21) Founded in 1870, Loyola University Chicago is one of the nation's largest Jesuit, Catholic universities, with nearly 17,000 students. The University has four campuses: three in the greater Chicago area and one in Rome, Italy, as well as course locations at our Retreat and Ecology Campus in Woodstock, Illinois. The University features 13 schools and colleges, including the Quinlan School of Business, Marcella Niehoff School of Nursing, Stritch School of Medicine, Parkinson School of Health Sciences and Public Health, Arrupe College, College of Arts and Sciences, School of Communication, School of Continuing and Professional Studies, School of Education, School of Environmental Sustainability, School of Law, School of Social Work, and Graduate School. Consistently ranked a top national university by U.S. News & World Report, Loyola is also among a select group of universities recognized for community service and engagement by prestigious national organizations like the Carnegie Foundation and the Corporation for National and Community Service. Sidley Austin LLP is a premier global law firm with a dedicated Venture Funds practice, advising top venture capital firms, institutional investors, and private equity sponsors on fund formation, investment structuring, and regulatory compliance. With deep expertise across private markets, Sidley provides strategic legal counsel to help funds scale effectively. Learn more at sidley.com. Swimming with Allocators is a podcast that dives into the intriguing world of Venture Capital from an LP (Limited Partner) perspective. Hosts Alexa Binns and Earnest Sweat are seasoned professionals who have donned various hats in the VC ecosystem. Each episode, we explore where the future opportunities lie in the VC landscape with insights from top LPs on their investment strategies and industry experts shedding light on emerging trends and technologies.  The information provided on this podcast does not, and is not intended to, constitute legal advice; instead, all information, content, and materials available on this podcast are for general informational purposes only. Learn more about your ad choices. Visit megaphone.fm/adchoices

Send us Fan MailIn this powerhouse episode of The Real Estate Vibe Show, host Vinki Loomba sits down with Joe Fairless, co-founder and managing partner of Ashcroft Capital, to uncover how he grew his multifamily empire to over $2.7 billion in assets under management. Key Takeaways:Joe emphasizes that wealth comes not from chasing deals, but from discipline, patience, and staying in the game long enough to compound success.Learn how building strong relationships with partners, property managers, and investors fuels scalable growth.Discover the lessons from Joe's first syndication, including hands-on property management and the importance of complementary skill sets in partnerships.Gain insights into current market trends, including stabilization in Class A properties and upcoming opportunities in Class B, C, and D assets.Joe shares his investor communication strategy: monthly updates combined with detailed quarterly financial reports to build trust and transparency.Explore Joe's core principles for long-term wealth: focusing on quality relationships, giving generously, and creating empowering meaning in every challenge.Tips for aspiring LPs and GPs on starting in multifamily, evaluating deals, and positioning themselves for growth.Episode Timestamps:00:00 - 01:28: Introduction to Joe Fairless and multifamily investing journey01:28 - 03:46: Joe's first real estate deal and early lessons in out-of-state investing03:46 - 08:35: Transition from advertising to real estate and the mindset shift08:35 - 11:32: The “aha” moment in investing and studying the bigger picture11:32 - 15:11: First syndication challenges15:11 - 17:48: Key inflection points in Ashcroft Capital's growth17:48 - 24:09: Raising capital, investor communication, and lessons24:09 - 32:43: Market trends & deal opportunities32:43 - 34:46: Navigating cycles, staying grounded, and executing with focus34:46 - 37:40: Non-negotiables, wealth-building principles37:40 - 42:09: Joe's best ever real estate advice

Welcome to HALO Talks! In this episode, host Pete Moore sits down with Richie Hansen, a former college athlete turned sports injury prevention clinic founder, coach, and now. . . venture investor. Drawing from his roots in the sports world and experience leading the Roots Running Project (a nonprofit that supports post-collegiate athletes) Richie talks about the unique dynamics of training groups, the benefits of nonprofit structures for athlete development, and his transition into the world of healthcare venture capital. He goes on to discuss what it takes to evaluate and invest in early-stage companies, lessons learned from managing a portfolio of dozens of startups, and the ambitious mission behind his latest venture, Ola Capital, which is focused on closing the gap between healthspan and lifespan. Whether you're interested in athlete development, tech innovation in wellness, or the "behind the scenes" nuts and bolts of starting a venture fund, this episode has insights you won't want to miss. When it comes to fundraising in today's private markets Hansen states, "Fundraising is obviously a challenge, especially in the current environment. And part of that is just the lack of liquidity that's occurred within private markets over the last couple years. It just leaves a lot of LPs still waiting for those liquidity events to occur so they could redeploy back into either new funds or new technologies." Key themes discussed Athlete-driven nonprofit model for developing post-collegiate runners Challenges and strategies in raising investment funds Evaluation criteria for early-stage health and wellness startups Differences between nonprofit and for-profit sports organizations Operational support for founders as a venture investor Transition from sports rehab clinics to tech and investing Healthy aging and longevity investment focus at Ola Capital A Few Key Takeaways 1.Roots Running Project's Innovative Nonprofit Model: Hansen described the rationale behind structuring Roots Running Project as a nonprofit. This allowed for diverse funding sources, flexibility in athlete sponsorships, and greater support for post-collegiate athletes who might not initially qualify for top-tier brand sponsorships. The nonprofit format enabled more athletes to reach their potential without brand exclusivity constraints. 03:33 2. Value of Athlete Development Parallels Early-Stage Investing: Richie also drew parallels between supporting developing athletes and early-stage founders. Both require belief in potential, focus on character and drive, and the right kind of support without micromanagement. The operational approach in coaching athletes informed his perspective in nurturing founders as a venture investor. 11:18 3. Niche Venture Focus Yields Strategic Advantages: While at Revere, Hansen and his team leveraged deep industry relationships—particularly in oral health—to inform investment decisions. This provided unique "inside baseball" perspectives, helping to select companies likely to be adopted or acquired by partners in the space, and showing how specialized funds can offer significant value to both startups and investors. 13:53 4. Venture Fundraising Demands Long-Term Relationship Building: Raising a venture fund, especially in the current private market environment, is a long, relationship-driven process. Hansen detailed how the process for the $35 million Ola Capital fund relies on networks with founders, executives, medical experts, family offices, and athletes who share a passion for health, wellness, and longevity. Fundraising typically takes 12–36 months and hinges on trust, track record, and shared vision. 19:12 5. Ola Capital's Mission-Closing the Gap Between Healthspan and Lifespan: Ola Capital focuses on healthy aging, aiming to reduce the sizable gap in the U.S. between years lived and years lived in good health. Richie explained how the fund leverages elite athlete networks and clinical expertise to source, validate, and promote technologies that can support longer, healthier lives for all, not just elite performers. 22:21 Resources:  Richey Hansen: https://www.linkedin.com/in/rthansen Ola Capital: https://www.olacapital.vc   Integrity Square: https://www.integritysq.com Prospect Wizard: https://www.theprospectwizard.com Promotion Vault: https://www.promotionvault.com HigherDose: https://www.higherdose.com

Hello Friends! This time on show we're finally returning to the Fold-Down Chronicles, looking at a further three LPs originally issued in both mono and stereo, but with mono mixes that don't entirely deserve that title. With this in mind, today we will be covering the following albums: The Beach Boys - Beach Boys Concert (1964) Graham Gouldman - The Graham Gouldman Thing (1968) Michael Nesmith presents The Wichita Train Whistle Sings (1968) With original mono and stereo pressings and transfers in hand, we set to work understanding just how these discs were assembled in their mono presentations, as well as how the stereo mixes were approached to accommodate this. Despite the simple premise, we have a lot of fascinating things to dig into today. I want to thank Andrew Sandoval, Andrew Pemrich, and Dae Lims for their source assistance. Happy Listening, Frederick Patreon  Email  Instagram - @hypnoticfred 

In today's episode, Haylie Pomroy breaks down one of the most talked about and most misunderstood chemicals in our food supply: glyphosate. She walks through why it was approved for use on food crops in the first place, and why the logic that made it seem safe is the exact reason it poses such a serious risk to human health.  She covers how microbiome damage from glyphosate exposure triggers leaky gut syndrome, drives chronic inflammation, disrupts butyrate production, activates fat cell expansion through LPS signaling, and directly suppresses the neurotransmitter precursors tryptophan, tyrosine, and phenylalanine, meaning it is not just a gut issue. It is a serotonin issue. A dopamine issue. A brain function issue. Tune in to Fast Metabolism Matters to learn how glyphosate disrupts the gut microbiome. If your body feels like it's running on empty, overburdened, or just not responding the way it used to, Haylie's latest book, Toxic Overload, tells you exactly what to do. Download your free digital copy today and start understanding what your body is trying to tell you.   Free Download: Get Your Copy of Toxic Overload

Before You Refer to the Hospital: De-Escalation, Safety Planning, and Wraparound Care for Teens in Crisis When a suicidal teen is in crisis, is the hospital really the safest call? What outpatient therapists need to know. Curt Widhalm, LMFT, leads this episode from his work running a comprehensive DBT private practice in Los Angeles that specializes in higher-acuity adolescent cases, including teens with serious suicidality, self-harm, and emotional dysregulation. These are exactly the clients most often routed toward psychiatric hospitalization or platform-based care, and Curt argues the default-to-hospital reflex frequently makes things worse, not better. Drawing on recent research and his clinical experience, Curt walks through the iatrogenic harms of adolescent psychiatric inpatient care, why post-discharge is the highest-risk window for completed suicide, and how clinician anxiety can drive premature 5150 holds and crisis referrals. Katie Vernoy, LMFT, joins with years of LPS-designated assessment experience from community mental health, naming what really happens when a teen gets sent in, including the relational rupture that often starts the moment a crisis evaluation is requested. Together they show outpatient therapists, including solo practitioners, how to build the clinical infrastructure that makes hospital diversion a real option: standardized risk assessment, collaborative safety planning that starts at intake, verbal de-escalation, family-integrated care, and wraparound treatment teams that include both formal providers and informal natural supports. This is a continuing education podcourse. Therapists can earn 1 CE credit through the Modern Therapist Learning Community at moderntherapistcommunity.com. What you'll take away: - How to recognize when a teen client really needs inpatient care, and when escalation will cause more harm than help - How to use standardized risk assessment tools (C-SSRS, LRAMP) without losing the therapeutic relationship - How to build a safety plan that actually works, and what to leave out (hint: no-suicide contracts) - What to teach parents about verbal de-escalation and environmental modifications at home - How to construct a mini Intensive Outpatient Program inside a solo or small-group practice - Who belongs on a wraparound treatment team, and how to find informal supports that families often forget to mention - How systemic barriers and health disparities shape access and outcomes for Black, Hispanic, and lower-SES adolescents Timestamps: 00:15 - CE intro and how to earn 1 CE credit 05:17 - Why outpatient therapists need real de-escalation protocols 11:23 - What actually happens during a crisis evaluation, with Katie's LPS-designated insights 18:46 - Iatrogenic harm and post-discharge suicide risk in adolescents 26:27 - Distant admissions, capped beds, and reentry into school and community 30:43 - Building safety plans from the first session, not the first crisis 34:32 - What belongs in a comprehensive adolescent safety plan 41:05 - When a teen says "I want to die," and why language matters 47:27 - Family-integrated care in solo private practice 48:56 - Building a mini IOP without the institutional overhead 55:29 - Wraparound teams and the role of informal natural supports 59:51 - ROIs, HIPAA-compliant communication, and minor consent 1:01:00 - Health disparities and access for marginalized adolescents Earn 1 CE credit: Therapists can earn 1 CE credit for this episode through the Modern Therapist Learning Community. Register, purchase the course, pass the post-test, and complete the evaluation to receive your certificate. Therapy Reimagined is approved by the California Association of Marriage and Family Therapists (CAMFT CEPA #132270). Please check with your licensing board to confirm eligibility. Full show notes, references, and transcript: mtsgpodcast.com CE enrollment: moderntherapistcommunity.com Join the Modern Therapist Community: Patreon: https://www.patreon.com/c/mtsgpodcast Facebook Group: https://www.facebook.com/groups/therapyreimagined Modern Therapist's Survival Guide Creative Credits: Voice Over by DW McCann: https://www.facebook.com/McCannDW/ Music by Crystal Grooms Mangano: https://groomsymusic.com/

Cordell Jacks (LI) CEO of Regenerative Capital Group came on the podcast and shared the work he's been involved in developing on a regenerative thesis. This episode shows that there there is not necessarily any conflict between regeneration and growth. But it does require us to rethink profit, rethink leadership and rethink the positionally of the investor. The orientation towards potentiating fields and tending to their essence. We speak of what it is to fit form to an organisation, to deal with LPs on a thesis that requires the investor to be unattached to specific outcomes. This conversation is honest and vulnerable and we touch the edges of our knowing several times. If you are curious about a different way of investing. Listen!

You're an accredited investor. You've got capital to deploy. But before you wire $100K, $250K, or $500K into a syndication — do you actually know what to look for?   In this episode of The Vinney & Beau Show, Beau Eckstein asks Vinney Chopra — 4x Amazon bestselling author with $300M+ raised, 42 deals, 5,000+ units, and 500+ accredited investors — the questions every sophisticated LP wishes they had asked before their first wire transfer.   A rare, candid behind-the-curtain conversation about how veteran syndicators actually structure deals, vet operators, manage K-1s, and protect investor capital.  

Host Brian Walsh takes up ImpactAlpha's top stories with Lucy Ngige and Amy Cortese. Up this week: The first edition of ImpactAlpha Africa explores new ways capital is being mobilized for impact on the continent; a spotlight on two African funds investing in human capital and creating high productivity jobs; and, how some LPs are stepping up to help emerging managers cross the chasm to their next fund.

Host Brian Walsh takes up ImpactAlpha's top stories with Lucy Ngige and Amy Cortese. Up this week: The first edition of ImpactAlpha Africa explores new ways capital is being mobilized for impact on the continent; a spotlight on two African funds investing in human capital and creating high productivity jobs; and, how some LPs are stepping up to help emerging managers cross the chasm to their next fund.To try ImpactAlpha Edge, ⁠⁠⁠⁠click here⁠⁠⁠⁠.This week's stories:“⁠Seeding impact investing ecosystems in Senegal, Zambia, Burkina Faso and Côte d'Ivoire⁠,” by Lucy Ngige“⁠(Some) LPs step up to help emerging managers cross the chasm to their next fund⁠,” by Amy Cortese with Roodgally Senatus

It's great to be back on the podcasting seat! Watch it on YouTube or listen on every podcast app. This podcast is about gathering investment management intelligence. It's not an investment podcast where we discuss macro itself. Yet macro matters. This was a rare opportunity to understand how it works for sophisticated hybrid investors, and what goes on behind the scenes by talking to Dylan Smith from ArcMacro (Tangents on Substack).A few selected quotes from our conversationMacro for private market investorsIf you have in mind private market performance, […] it's long term and returns are driven by slightly different things, although they are affected by macro. We've re-looked at the economics toolkit. We've kept most of it, but we've shifted the focus to say, okay, we've got to be a lot more long term. We've got to be a lot more structural.That's Dylan key differentiator. He's serving private market LPs. But I think his framework is applicable to anyone with a longer term perspective.Signal vs. Noise - 2026 version  Every time someone meets me for the first time, it's, "Oh, you're an economist. What a great time to be an economist," like, "There's so much chaos in the world."I did not bring up the famous Lenin quote in the conversation: “There are decades where nothing happens; and there are weeks where decades happen” although I had it in mind after Venezuela, Iran. But the conversation showed me I was making a common mistake: People tend to view often developments almost as entirely political, and I think partly that's the news media's fault because that's their natural lens as they report.We went on to discuss this signal and noise in more depth. But ultimately having a solid macro grounding helps to avoid investment biases. But it doesn't mean you should only stay the course without doing anything. We also talked about hedging, and shifts in allocation.Assign probabilities Our primary framework is scenario-based. But it's not just sticking our fingers in the air and saying, there's a whole universe of things that could happen. It's based on understanding that, events now chain into the future, and they can branch away. But we can assign pretty good probabilities around that by mixing some fairly sophisticated modeling and data.This is quite different, and a lot more practical from thge traditional perspective of an economist producing ONE forecast, usually with a lot of caveats.AI and the Dunning-Kruger effect in macro AI is about averages, and it's backward-looking. It produces the next most likely token based on its understanding of all the past information. You're trying to think about scenarios, what might happen in the future and what's important about the differences and inflection points. Like, is this a meaningful shift in the kind of structure of the economy? It's too sophisticated for AI to answer. It will give you an answer, and it will sound confident about it, but there's a huge amount of risk in that. And if you already have certain biases or you're low down on the Dunning-Kruger scale, or you know you're not great at macro, but you get this kind of answer it's very tempting to treat that as the truth and act on it.We covered a lot, and yes of course we spoke about Iran and the Trump administration too.Related episode:About Dylan Smith:Dylan Smith is the independent chief economist for private markets. Combining experience in macroeconomics and alternative investing he delivers insights with the frequency, horizon and granularity that private markets need.https://arcmacro.com/https://www.linkedin.com/in/dylan-smith-78284b50/About the Investlogy podcast:Investology is the investment management intelligence show. Where innovators, investors, authors and experts discuss the future of investment management beyond the hype.Listen on every podcast platform, or watch on YouTube.An episode produced by Orama:For fintechs and enterprise vendors selling to financial institutions. We turn your expertise into narratives that build trust and relationships with decision-makers.About George Aliferis:Founder or Orama, ex-banker, ex-sales, working at the intersection of investment management, media & marketing.LinkedIn: https://www.linkedin.com/in/george-aliferis-60078312/My Other Channels* Investorama - Separating Investment Facts from Financial Fiction (YouTube)* Orama's newsletter & Unsloppable podcast for marketers and revenue teams in complex industries: This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit investorama.substack.com

This week on Swimming with Allocators, growth-investor-turned-LP Yuri Lee (TMRS) joins Earnest and Alexa and explains how her global upbringing and love of technology shaped her investing philosophy and belief that talent can come from anywhere. She walks through TMRS's $3B and growing venture/growth mandate, how they split exposure between early-stage and multi-stage funds, and why they are building an aggressive 50/50 funds and co-investment program. Yuri shares what she looks for in emerging managers in clear, differentiated edge in sourcing, picking, or winning; true product–market fit between a manager's edge and fund strategy; and non-consensus, outlier ideas. Throughout, she offers candid advice on how GPs can better pitch institutional LPs, why most decks sound the same, and what it really takes to stand out in a consensus-heavy, AI-dominated market. Also, Chuck Daly of Sidley talks about how emerging VC managers should think proactively about compliance, conflicts of interest, disclosure, and performance/marketing practices under (and aligned with) the Advisers Act and SEC's marketing rule principles. Highlights from this week's conversation include: How a Global Upbringing Shapes an Investor's Worldview (0:13) Consumer Investing and Game Development Experience (2:22) Market Cycles in SaaS and Consumer Narratives (4:19) TMRS Mandate and Building a New Venture Program (6:16) Early Stage Managers and Differentiated, Non-Consensus Portfolios (9:20) What Matters Most at Early Stage vs Growth Stage (12:08) What LPs Really Want to Hear About: Companies and Decisions (14:11) How Pensions and Institutional LPs Run Diligence (17:04) Managing Portfolio Company Synergies and Conflicts (23:56) Marketing Rule Principles, Performance, and Case Studies (26:21) Why TMRS Uses Co-Invests and Target Mix With Funds (30:15) Barbell Approach: Early Stage Funds and Later Stage Co Invests (32:02) Information Gaps for LPs vs GPs and Founder Access (35:55) Consensus Rounds, Party Rounds, and Manager Profiles (38:56) Role of Non-Consensus Managers and Unique Edges (42:09) Rethinking AI Thesis and Value Capture by Model Labs (43:22) Advice For GPs Moving to LP Roles and Building Empathy (45:20) Final Thoughts and Takeaways (47:18) The Texas Municipal Retirement System is a $48+ billion public pension plan serving employees of participating Texas cities. TMRS invests across a diversified portfolio including public equities, fixed income, real assets, and private equity, with venture and growth investments forming an important component of its private markets strategy. Sidley Austin LLP is a premier global law firm with a dedicated Venture Funds practice, advising top venture capital firms, institutional investors, and private equity sponsors on fund formation, investment structuring, and regulatory compliance. With deep expertise across private markets, Sidley provides strategic legal counsel to help funds scale effectively. Learn more at sidley.com. Swimming with Allocators is a podcast that dives into the intriguing world of Venture Capital from an LP (Limited Partner) perspective. Hosts Alexa Binns and Earnest Sweat are seasoned professionals who have donned various hats in the VC ecosystem. Each episode, we explore where the future opportunities lie in the VC landscape with insights from top LPs on their investment strategies and industry experts shedding light on emerging trends and technologies.  The information provided on this podcast does not, and is not intended to, constitute legal advice; instead, all information, content, and materials available on this podcast are for general informational purposes only. Learn more about your ad choices. Visit megaphone.fm/adchoices

During the 1970s the Doobs were everyone's older brother's THIRD favorite band with their sassy motorcycle riffs and church-ready harmonies. First five LPs with the core original lineup before Michael McMuffin joined are all decent - none are stank. The second one - Toulouse Street - is my overall favorite but we'll nip from the rest of the pack as well.

Brandon Sedloff sits down with Collin Laffey, who leads U.S. real estate efforts at LFPI, to unpack how one of the most active allocators in private markets evaluates managers, structures long-duration capital, and identifies opportunity across real estate funds and co-investments. Collin explains why LFPI has intentionally focused on sub-$1 billion managers, how the firm's 30-year flagship vehicle changes the way they invest, and why transparency and alignment matter more than polished fundraising narratives. The conversation also dives into the realities of institutional capital formation, what differentiates the best operators from the crowd, and how LPs actually evaluate deals behind the scenes. They also explore where Collin sees the most compelling opportunities emerging across today's real estate landscape, from senior housing to industrial outdoor storage. They discuss: • Why LFPI believes the real alpha opportunity exists in sub-$1 billion specialist managers • How a 30-year evergreen-aligned fund structure creates flexibility across cycles and capital stacks • The role co-investments and continuation vehicles are playing in today's fundraising environment • What institutional LPs actually look for when evaluating managers, deals, and team dynamics • How GPs can cut through the noise and build long-term relationships with allocators This episode is a valuable listen for anyone interested in private markets, real estate capital formation, LP-GP dynamics, and the evolving structure of institutional investing. Links: LFPI - https://www.lfpi.fr/en/home/ Collin on LinkedIn - https://www.linkedin.com/in/collinlaffey/ Juniper Square - https://www.junipersquare.com/ Brandon on LinkedIn - https://www.linkedin.com/in/brandonsedloff/ Topics: (00:00:00) - Intro(00:01:58) - Collin's career and background(00:05:28) - LFPI and their investment thesis(00:11:24) - Unpacking LFPI's Fund mechanics(00:17:05) - LFPI's focus on the sub-$1billion of raised equity segment(00:20:26) - More on investment theses(00:23:32) - Identifying a good deal(00:27:51) - Patterns seen across the best managers(00:31:22) - LFPI's buy box(00:34:26) - What cuts through the noise in outreach(00:38:26) - Collin's Co-invest philosophy(00:42:02) - Where do you see the most opportunity?

Get my new book: https://bronsonequity.com/fireyourselfDownload my new special report - How to Use Inflation to Your Advantage - www.bronsonequity.com/inflationJoin Bronson Hill and co-host Nate Hambrick on the Mailbox Money Show with Aleksey Chernobelskiy for a practical discussion on how passive investors (LPs) can stop investing blindly. Aleksey shares how he built GP LP Match — a platform that connects LPs with quality GPs — and why most retail investors don't have enough conversations or data to make strong decisions. The episode covers vetting operators, evaluating track records, avoiding common pitfalls, using better tools and information, and the power of seeing many deals to develop better judgment.Aleksey Chernobelskiy is the founder of GP LP Match, a platform designed to help limited partners discover and connect with general partners for real estate and alternative investments. He focuses on bringing transparency, better matching, and education to the LP/GP ecosystem.This episode is essential listening for any passive investor who wants to invest smarter and reduce risk through better information and connections.TIMESTAMPS00:43 - Welcome to the Mailbox Money Show!01:17 - Nate Hambrick on Market Sentiment & Emerging Opportunities01:58 - Introducing Aleksey Chernobelskiy & GP LP Match Platform03:15 - Why Aleksey Built GP LP Match to Connect LPs & GPs04:43 - The Importance of Having More GP Conversations as an LP06:40 - Looking at Hundreds of Deals to Develop Better Judgment08:41 - Vetting Operators: Track Record, Experience & Gut Feeling10:58 - Going Beyond Marketing Materials & Deck Aesthetics13:15 - Deck Reviews, Data Queries & Platform Tools for LPs16:25 - Three Pillars of Vetting Deals: Operator, Monitoring & Structure18:38 - How AI Powers Deal Matching & Insights on the Platform21:30 - Aleksey's Personal Focus on Distressed & Creative Deals23:24 - How to Connect with Aleksey & GP LP MatchCONNECT WITH THE GUESTWebsite: gplpmatch.comEmail: aleksey@gplpmatch.com#LPInvesting#RealEstateDeals#PassiveInvesting#GPMatching#DealVetting#InvestorEducation#AlternativeInvesting

On this episode of the Old Capital Real Estate Investing Podcast, Paul Peebles and James Eng, take a deep dive into the dramatic shift happening across the multifamily housing market—and why today's uncertainty may create tomorrow's buying opportunities. After years of rapid appreciation, easy debt, and aggressive investor competition, the apartment market is experiencing a major reset. The discussion explores how the market evolved from the steady growth years of 2015–2020 into the buying frenzy of 2021–2022, when historically low interest rates and abundant capital drove prices to unsustainable levels. Properties routinely received dozens of tours and competing offers, pushing values to record highs. Now, with higher interest rates and tighter lending standards, the landscape has changed dramatically. Multifamily values in many markets have fallen 20–30%, refinancing has become increasingly difficult, and lenders are beginning to repossess properties that can no longer support their debt structures. Many listings entering the market today are lender-controlled or distressed assets—signs that the market may be approaching a bottoming phase. The episode also compares today's environment to previous real estate downturns, including the late 1980s savings-and-loan crisis and the 2008 financial collapse. One recurring lesson remains clear: excessive leverage, overbuilding, and risky loan structures eventually lead to painful corrections. But with disruption comes opportunity. Paul & James- discuss why experienced investors are preparing for a significant wave of multifamily buying opportunities in the coming years. Rather than focusing solely on today's cash flow metrics, investors may soon have the chance to acquire quality real estate at discounted "price-per-pound" valuations. The conversation also highlights common investor mistakes during market transitions: Moving too quickly without proper due diligence Investing purely for tax benefits Waiting endlessly for the "perfect" deal and missing opportunities altogether To help investors prepare for the next cycle, the episode introduces the Old Capital Accelerator Program—a hands-on educational and networking platform designed to bridge the gap between learning about apartment investing and actually closing deals. Topics Covered: Why multifamily prices are resetting The impact of rising interest rates on apartment owners Distressed assets and lender-owned opportunities Historical real estate cycles and lessons learned Investor psychology during downturns Building a disciplined acquisition strategy Why the next buying wave may reward prepared investors About the Old Capital Accelerator Program The Accelerator Program is designed for serious multifamily investors looking to transition from education into execution. Participants will experience: Interactive cohort-based learning Real property tours and deal analysis Weekly Zoom sessions with experienced operators Discussions on acquisitions, asset management, capital raising, and dispositions Access to seasoned GPs, LPs, and Old Capital professionals Practical underwriting experience and live deal feedback The program is intended for accredited investors and experienced professionals who are financially prepared to actively pursue apartment investments. Final Takeaway This episode is ultimately about preparation. Market dislocation often creates extraordinary buying opportunities—but only for investors who are educated, disciplined, and ready to act when the timing is right. The next multifamily cycle may already be forming. The question is: will you be ready when the opportunities arrive?

ADVICE THAT LASTS DECADES    Every May since 2018, I've released an annual montage focused on advice for college students and young professionals interested in private equity, investment banking, and the investing world   This year's version marks Episode 200 of Private Equity Fast Pitch!   Over the last 12 months I asked founders, CEOs and managing partners from Private Equity firms, Investment Banks and LPs the same question:   What advice would you give to young professionals trying to build a meaningful career in this business?   What makes this episode special is not just the milestone, it's how often the same themes continue to surface...   Different firms   Different backgrounds   Different paths   But the themes are remarkably consistent    ⚾️ Find work that gives you energy   ⚾️ Build real relationships   ⚾️ Do the hard things early   ⚾️ Learn from people who are better than you   ⚾️ Stay curious   ⚾️ Understand that careers are built over decades, not quarters   What stands out after 200 episodes is this...   The foundational elements of long-term success are timeless   And while this episode is designed for young professionals and graduating students, I think the advice applies at every stage of a career   I'm incredibly grateful for all of my guests who have shared their sage advice over the years!   Featured Guests:   Michael Psaros - KPS Capital Partners https://podcasts.apple.com/us/podcast/private-equity-fast-pitch/id1359329939?i=1000739675082 Omar Jaffrey - Palistar Capital https://podcasts.apple.com/us/podcast/private-equity-fast-pitch/id1359329939?i=1000758837812 Rob Brown - Lincoln International https://podcasts.apple.com/us/podcast/private-equity-fast-pitch/id1359329939?i=1000711726279 Tim Meyer - Angeles Equity Partners https://podcasts.apple.com/us/podcast/private-equity-fast-pitch/id1359329939?i=1000735555551 Chris Rozzell - Cresta Fund Management https://podcasts.apple.com/us/podcast/private-equity-fast-pitch/id1359329939?i=1000721947245 Parker Weil - TD Securities https://podcasts.apple.com/us/podcast/private-equity-fast-pitch/id1359329939?i=1000737590933 Sean MacIver - KeyBanc Capital Markets https://podcasts.apple.com/us/podcast/private-equity-fast-pitch/id1359329939?i=1000728454456 Matthew Sparks - Northleaf Capital Partners https://podcasts.apple.com/us/podcast/private-equity-fast-pitch/id1359329939?i=1000723925489 Suzanne Yoon - Kinzie Capital Partners https://podcasts.apple.com/us/podcast/private-equity-fast-pitch/id1359329939?i=1000753377248 Eric Wiklendt - Speyside Equity https://podcasts.apple.com/us/podcast/private-equity-fast-pitch/id1359329939?i=1000748373295 Michelle Noon - Clearhaven Partners https://podcasts.apple.com/us/podcast/private-equity-fast-pitch/id1359329939?i=1000733152917 Paul Raphael - Auréa Group https://podcasts.apple.com/us/podcast/private-equity-fast-pitch/id1359329939?i=1000717775898 Daphne Dufresne - Awani Capital https://podcasts.apple.com/us/podcast/private-equity-fast-pitch/id1359329939?i=1000756128214 Russ Roenick - Transom Capital Group https://podcasts.apple.com/us/podcast/private-equity-fast-pitch/id1359329939?i=1000731004463 Neda Vakilian - Actis https://podcasts.apple.com/us/podcast/private-equity-fast-pitch/id1359329939?i=1000713638680 Sam Gaynor - Altamont Capital Partners https://podcasts.apple.com/us/podcast/private-equity-fast-pitch/id1359329939?i=1000746205883 Eliot Kerlin - Broadwing Capital https://podcasts.apple.com/us/podcast/private-equity-fast-pitch/id1359329939?i=1000741835818 Andy Unanue - AUA Private Equity Partners https://podcasts.apple.com/us/podcast/private-equity-fast-pitch/id1359329939?i=1000750484838 Kristin Johnson - Altamont Capital Partners https://podcasts.apple.com/us/podcast/private-equity-fast-pitch/id1359329939?i=1000726285319 Scott Sperling - THL Partners https://podcasts.apple.com/us/podcast/private-equity-fast-pitch/id1359329939?i=1000720142324

This Episode The Pulse Check is back with the full crew. Chris Lopez, Jim Pfeifer, and Paul Shannon reconvene just days after the PassivePockets Summit to unpack what they learned, how their theses got challenged (sometimes in real time), and what they're actually doing with their portfolios right now. They talk through why this conference hits differently: top-tier speakers in a small room where you can actually have real conversations and how those competing viewpoints are the whole point. From “sit in treasuries” caution to “this is the window to buy” optimism, the trio break down how to filter the noise, lean into uncertainty, and keep operator quality at the top of the decision stack. On the portfolio side: Jim shares his first two allocations of the year including a private credit interval fund and AAA Storage via the Open Tribe structure, while Paul discusses a new private money note, an industrial sidecar he's watching, and a recent multifamily exit. Chris recaps a strong Q1 for “green shoots” across his equity positions (sales, contracts, and a complicated Denver lakefront development that's finally moving toward resolution), plus why he's still dollar-cost averaging into real estate even when headlines shift fast. They close with one of the most tactical takeaways from the Summit: how LPs are using AI to speed up diligence and catch inconsistencies across pitch decks, PPMs, and operating agreements and why that should raise the bar for sponsors going forward. Disclaimer The content of this podcast is for informational purposes only. All host and participant opinions are their own. Investment in any asset, real estate included, involves risk, so use your best judgment and consult with qualified advisors before investing. You should only risk capital you can afford to lose. Past performance is not indicative of future results. This podcast may contain paid advertisements or other promotional materials for real estate investment advisers, investment funds, and investment opportunities, which should not be interpreted as a recommendation, endorsement, or testimonial by PassivePockets, LLC or any of its affiliates. Viewers must conduct their own due diligence and consider their own financial situations before engaging with any advertised offerings, products, or services. PassivePockets, LLC disclaims all liability for direct, indirect, consequential, or other damages arising out of reliance on information and advertisements presented in this podcast.

Thank you for joining us for our 2nd Cabral HouseCall of the weekend!   I'm looking forward to sharing with you some of our community's questions that have come in over the past few weeks…   Maria: Hello. I have terrible joint pain in my hands. Some days are worse than others. I am a 50 year old female and was wondering if you can suggest a supplement and maybe foods to stay away from.      Bea: Hi Doc, Thanks so much for everything that you do. I have been wondering about dosage on the back of supplement labels. I am a 5'3 115 pound woman. Do I take the recommended amount on the back or less? For example, I take proteolytic enzymes. Should I take 2 as instructed on the back or just 1? thank you!!      Skip: Hello Dr C, thanks for all you do! I keep hearing this tick season is going to be really bad. I know you generally say to strengthen the immune system with Lyme. I'm wondering what specifics you have for preventing/ repelling ticks (with humans and dogs) and for someone who has Lyme- how can they get to the root cause in addition to supporting the immune system?      Karla: Hi Dr. Cabral, I want to first thank you for sharing all of your thoughts and research with us. It has truly been invaluable to me and my family. I wanted to ask about a recent supplement I heard about on my local radio. It's called Astaxanthin. They claimed it would help with skin, vision, energy and many other things. I searched your previous podcasts and didn't see anything about it, so I was hoping you could comment on whether it's worth adding to my current supplement regimen. Thanks in advance!      Louise: Hi Dr. Cabral. I have been attempting to do the CBO Protocol for about 3 weeks now, but have had to pause multiple times because I experienced pretty intense die off symptoms. The most troubling one is restless leg syndrome. I believe it is related to the inflammation caused by the die off. It is so severe that I can only do half the dose a day, and I still get pretty bad RLS. Do you have any suggestions on how I can make it through the protocol with this problem? Would asking for temporary RLS medication be a bad idea? Is there anything natural I can take? I have tried megaigg2000 to bind the LPS, and now high dose curcumin to help the inflammation levels but I don't know what else I can do. Thank you for your time and input!    Thank you for tuning into this weekend's Cabral HouseCalls and be sure to check back tomorrow for our Mindset & Motivation Monday show to get your week started off right! - - - Show Notes and Resources: StephenCabral.com/3747 - - - Get a FREE Copy of Dr. Cabral's Book: The Rain Barrel Effect - - - Join the Community & Get Your Questions Answered: CabralSupportGroup.com - - - Dr. Cabral's Most Popular At-Home Lab Tests: > Complete Minerals & Metals Test (Test for mineral imbalances & heavy metal toxicity) - - - > Complete Candida, Metabolic & Vitamins Test (Test for 75 biomarkers including yeast & bacterial gut overgrowth, as well as vitamin levels) - - - > Complete Stress, Mood & Metabolism Test (Discover your complete thyroid, adrenal, hormone, vitamin D & insulin levels) - - - > Complete Food Sensitivity Test (Find out your hidden food sensitivities) - - - > Complete Omega-3 & Inflammation Test (Discover your levels of inflammation related to your omega-6 to omega-3 levels) - - - Get Your Question Answered On An Upcoming HouseCall: StephenCabral.com/askcabral - - - Would You Take 30 Seconds To Rate & Review The Cabral Concept? The best way to help me spread our mission of true natural health is to pass on the good word, and I read and appreciate every review!  

This Week In Startups is made possible by:Grasshopper Bank - https://grasshopper.bank/twistPaperOS - https://paperos.com/twistLinkedIn Jobs - https://linkedIn.com/twistPlaud - https://Plaud.ai/twistThe top 5 U.S. venture firms captured 73% of all LP commits in Q1, and three veteran VCs say the math may have officially broken. Aleph's Michael Eisenberg argues we may be witnessing the end of a 60-year run for venture capital as a craft business. Maniv's Mike Granoff and Oxcart's Larry Covert push back, arguing it's merely splitting into two asset classes: "Consensus VC" and traditional VC. Either way, the implications for founders, LPs, and the next decade of innovation are enormous.TWiST is back on the beat with a venture round table discussing investment concentration, the IPO drought, "bullshit ARR" in the AI era, AI gross margins, the U.S.-China chip war, the Iran conflict's impact on defense tech, the death of NATO and the rise of allied supply chains, why Tel Aviv's stock exchange could become the next NASDAQ, and a lightning round on each VC's favorite portfolio company. Let's go!Timestamps:0:00 Intro + sponsor reads (Grasshopper Bank, PaperOS, LinkedIn Jobs)0:58 Plaud: If your work depends on conversations — interviews, meetings, calls — you need a Plaud NotePin. You can check it out at https://Plaud.ai/twist and use code TWIST for 10% off!2:13 Introductions: Eisenberg (Aleph), Granoff (Maniv), Covert (Oxcart)3:57 The impact of rising venture capital concentration6:43 "We may be witnessing the end of venture capital"9:17 Consensus VC vs. Traditional VC10:01 LinkedIn Jobs - Hire right, the first time. Post your first job and get $100 off towards your job post at https://LinkedIn.com/twist11:48 Why mid-size firms beat the behemoths on founder access19:35 Coining "Consensus Colossal Collaborative Capital" (CCCC)20:03 AngelList's USVC retail VC fund — does it help mid-size funds?20:18 PaperOS - Whether you're raising a round, launching a fund, or managing a venture portfolio, PaperOS can unlock simplicity and scale across your empire of capital, contracts, and companies. Claim your $10,000 credit at https://paperos.com/twist23:27 Are there more breakout startups today than 5 years ago?28:36 The "bullshit ARR" problem and AI gross margins30:03 Grasshopper Bank - Time is money. Don't waste either. Go to https://grasshopper.bank/twist and get an exclusive $500 cash bonus just for opening an account.32:08 Cursor's negative gross margins and the hyperscaler funding flywheel33:06 Are we all electron constrained?35:35 Are we headed for surge pricing on compute?40:22 Will anything replace NVIDIA? NextSilicon, Hailo & Israel's chip stack43:33 Distillation, small models, and Apple's edge advantage46:38 Public trust in AI: should government mandate Waymo & FSD?1:02:58 Defense tech: Saronic, Anduril & the coming defense M&A wave1:06:35 The Iran war timeline & supply chain impact1:18:52 Lightning round: Jiga, Divergent, Volaback, Firehawk, HarbingerSubscribe to the TWiST500 newsletter: https://ticker.thisweekinstartups.comCheck out the TWIST500: https://www.twist500.comSubscribe to This Week in Startups on Apple: https://rb.gy/v19fcpFollow Alex:X: https://x.com/alexLinkedIn: ⁠https://www.linkedin.com/in/alexwilhelmFollow Jason:X: https://twitter.com/JasonLinkedIn: https://www.linkedin.com/in/jasoncalacanisCheck out all our partner offers: https://partners.launch.co/Great TWIST interviews: Will Guidara, Eoghan McCabe, Steve Huffman, Brian Chesky, Bob Moesta, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarlandCheck out Jason's suite of newsletters: https://substack.com/@calacanisFollow TWiST:Twitter: https://twitter.com/TWiStartupsYouTube: https://www.youtube.com/thisweekinInstagram: https://www.instagram.com/thisweekinstartupsTikTok: https://www.tiktok.com/@thisweekinstartupsSubstack: https://twistartups.substack.com