Podcasts about stone point

Welcome back to the Alt Goes Mainstream podcast.Today's episode features a pioneer who has been building the core infrastructure that is making private markets go mainstream.We talk with Gary Tenkman, a 30-year veteran of the fund administration world who is the CEO of Ultimus Fund Solutions. Ultimus serves over 450 clients and 2,300 funds, representing $725B of assets under administration, all handled by a team of over 1,100 professionals. Ultimus, which is backed by private equity firm, GTCR and, more recently, Stone Point, is able to help investment managers navigate a growing array of challenges that include elaborate fund structures and evolving compliance requirements. Gary has built a business that combines the best of technology and human experts in fund administration to serve many of the industry's largest funds. Ultimus has also been a big part of the ability for private markets to innovate with evergreen and interval fund structures since they have the necessary infrastructure and services to help fund managers launch, run, and administer evergreen structures.Prior to joining Ultimus as CEO, Gary was Head of North American Operations at another large fund service provider, where he was responsible for service delivery for all clients in the region. During his 16 years there, he held leadership positions in alternative investment fund services, European fund services, and US fund services.Gary and I had fascinating conversation about the evolution of fund administration and how fund administration in private markets has changed with the growing interest in evergreen and interval funds. We discussed:How fund administration has changed over the 30 years Gary has been in the industry.Will the evergreen fund industry mirror the growth and evolution of the mutual fund industry?The gap that Gary and Ultimus saw in private markets fund administration.Why fund services for evergreen fund structures is very complex and hard to do well.How technology can provide leverage to fund administration.Will AI impact fund administration?Why fund services are a compelling investment category for private equity.Thanks Gary for coming on the show to share your wisdom and experience and thanks for your support of Alt Goes Mainstream. The work you're doing at Ultimus is making a big impact on evolving the industry, so it's an honor to have you partner with AGM. We hope you enjoy.Show Notes01:01 Introduction to the Alt Goes Mainstream Podcast01:10 Gary Tenkman: A Pioneer in Fund Administration01:17 Ultimus Fund Solutions: An Overview01:50 Innovations in Private Markets02:02 Gary's Career Journey02:20 The Evolution of Fund Administration02:38 Challenges in Fund Services for Evergreen Structures02:46 The Role of Technology in Fund Administration06:58 Automation and Data Standardization11:15 AI in Fund Administration12:09 Fund Level vs. Asset Level Data13:16 Lessons from the Mutual Fund Industry13:58 Product Innovation in Private Markets18:30 Navigating the Evergreen Space23:20 Distribution Strategies for Private Markets25:35 The Importance of Service Providers26:50 The Evolution of Ultimus Fund Solutions27:19 Evolution of Ultimus: The Early Days28:02 Client-Centric Focus: The Key to Success28:16 Investing in Technology and Growth28:35 Mergers and Acquisitions: Building Scale28:58 Private Side Expansion and Momentum29:40 Challenges and Solutions in Private Markets30:40 Client-Centric Culture: What It Means31:34 Delivering High-Quality Client Service32:28 Maintaining Culture Amidst Growth33:27 Industry Consolidation: A Historical Perspective34:09 New Partnerships and Investments35:26 Future M&A Opportunities35:43 Stone Point's Investment in Ultimus36:34 Growth in Private Funds and Evergreen Structures37:29 Convergence of Public and Private Markets38:05 Hybrid Product Structures: Opportunities and Challenges39:45 Regulatory Challenges in Retail Alts40:58 Education and Adoption in Private Markets45:54 401k and Retirement Space: Unlocking Potential48:04 Exciting Trends in Private MarketsEditing and post-production work for this episode was provided by The Podcast Consultant.

Tarquin and Lucinda continue their investigation of what happened Stone Point and Scargrove while they search for the mystical Necromite Skull. Happy Bloody Harvest slash Halloween! CW: Profanity, violence, dark tones, sexual references, sibling and family trauma, death, and more. --- Mid Show Promo: These Silent Secrets Spotify Playlist for Teens in Space on Organised Fun Friend & Foe Adventure Co links Friend & Foe Adventure Co YouTube Bunkers & Badasses Sourcebook by Nerdvana Games Borderlands and Tiny Tina's Wonderlands video games made by Gearbox Software. --- Support this podcast: https://podcasters.spotify.com/pod/show/ffadventureco/support

Mr. Robert I. Lipp joined Stone Point Capital in 2009 and has more than 30 years of experience in the financial services industry. Prior to joining Stone Point, Mr. Lipp served as a Director and Senior Advisor to JPMorgan Chase where he focused on international consumer banking and senior-level executive management development. He is the former Chairman and Chief Executive of Citigroup's Global Consumer Group, as well as a former Vice Chairman of Citigroup. Following his tenure at Citigroup, Mr. Lipp led the spin-off from Citigroup and the initial public offering of Travelers Property Casualty Corp., which at the time was the largest insurance industry IPO in U.S. history. He subsequently served as Chairman and CEO of Travelers Property Casualty Company until its merger with The St. Paul Companies, Inc. Mr. Lipp previously served on the Board of Directors at Accenture from 2001-2012. Mr. Lipp attended (and received an honorary degree from) Williams College. He graduated from Williams in 1960. He received his M.B.A. at Harvard University and his J.D. at New York University.

Mr. Robert I. Lipp joined Stone Point Capital in 2009 and has more than 30 years of experience in the financial services industry. Prior to joining Stone Point, Mr. Lipp served as a Director and Senior Advisor to JPMorgan Chase where he focused on international consumer banking and senior-level executive management development. He is the former Chairman and Chief Executive of Citigroup's Global Consumer Group, as well as a former Vice Chairman of Citigroup. Following his tenure at Citigroup, Mr. Lipp led the spin-off from Citigroup and the initial public offering of Travelers Property Casualty Corp., which at the time was the largest insurance industry IPO in U.S. history. He subsequently served as Chairman and CEO of Travelers Property Casualty Company until its merger with The St. Paul Companies, Inc. Mr. Lipp previously served on the Board of Directors at Accenture from 2001-2012. Mr. Lipp attended (and received an honorary degree from) Williams College. He graduated from Williams in 1960. He received his M.B.A. at Harvard University and his J.D. at New York University.

Insurance Business brings you a weekly news roundup from across the global insurance industry including: • London marine insurers pinpoint Sudan concerns • Top D&O risks revealed • Chubb publishes Q1 2023 trading results • AIG forms new MGA as it finalizes Stone Point agreement • Lloyd's market posts improved underwriting results in 2022 • Gallagher releases workplace wellbeing guide • IBC calls on Atlantic Canada to prepare for flood season • Alliant Insurance Services launches reinsurance brokerage division • Manulife seeks reestablishment in Hong Kong • Allianz launches program for young LGBTQ+ athletes These stories and more on the Insurance Business website. Liked this episode of IB Talk? Don't miss upcoming episodes, as well as a weekly news roundup from across the globe – just be sure to follow on Apple Podcasts, Spotify or Stitcher.

Our third episode of Private Equity Deals released this morning.  I'm joined by Jarryd Levine, who helps lead Stone Point Capital's investments in Business Services and Human Capital Management. We discuss their purchase of Bullhorn, a leading global software provider for the staffing industry. Stone Point is the fifth private equity owner of the business, and I invite you to tune in to learn why. Search for Private Equity Deals on your favorite podcast player and subscribe.   Learn More  Follow Ted on Twitter at @tseides or LinkedIn  Subscribe to the mailing list  Access Transcript with Premium Membership 

Our Private Equity Masters mini-series concludes with Chuck Davis, the CEO and Chairman of the Investment Committee at Stone Point Capital. Stone Point has invested $21 billion across 135 businesses, all in the financial services industry. Prior to joining Stone Point's predecessor entity at Marsh McLellan twenty-three years ago, he was a partner at Goldman Sachs, where he spent the prior twenty-three years, culminating in serving as Head of Investment Banking Services Worldwide. Our conversation covers Chuck's time at Goldman Sachs, his transition to private equity, and the formation of Stone Point Capital. We then turn to the firm's multi-year, outbound, targeted search for the best executives in financial services, work with portfolio companies, activity in the asset management sector, and management of Stone Point. Learn More Subscribe: Apple | Spotify | Google Follow Ted on Twitter at @tseides or LinkedIn Subscribe Monthly Mailing List Read the Transcript

Jarryd Levine is a Managing Director at Stone Point Capital, a financial services specialist that has invested $21 billion across 135 businesses in the space. Jarryd helps lead the firm's investments in Business Services and Human Capital Management. Bullhorn is a leading global software provider for the staffing, recruiting, and contingent labor industry, servicing over 10,000 staffing agencies worldwide. Stone Point acquired Bullhorn in September 2020, as the fifth private equity owner of the business. We discuss Bullhorn's history, Stone Point's rationale for human capital as a sub-sector focus, its multi-year, proactive search for the best business in the space, transaction dynamics during Covid, playbook as an industry expert, potential risks to the investment, exit strategy, and lessons learned. Learn More  Follow Ted on Twitter at @tseides or LinkedIn  Subscribe to the mailing list  Access Transcript with Premium Membership 

Emanuel Citron is a Managing Partner at Volery. He serves on five of Volery's firm committees, including as co-chair of the Investment Committee, and a member of the firm's Operations, Finance, Valuation and Compliance Committees. Previously, he was a Principal at Stone Point Capital (2005-2017). He has extensive financial services focused private equity experience, including on investments in financial services businesses totaling more than $3 billion. Prior to joining Stone Point, Emanuel was the CEO of a privately-held internet business and an Analyst at Beacon Group (1998-2000). Emanuel holds a B.S. (magna cum laude) from the University of Pennsylvania and an M.B.A. (Palmer Scholar) from the Wharton School of the University of Pennsylvania.

Our Private Equity Masters mini-series concludes with Chuck Davis, the CEO and Chairman of the Investment Committee at Stone Point Capital. Stone Point has invested $21 billion across 135 businesses, all in the financial services industry. Prior to joining Stone Point's predecessor entity at Marsh McLellan twenty-three years ago, he was a partner at Goldman Sachs, where he spent the prior twenty-three years, culminating in serving as Head of Investment Banking Services Worldwide. Our conversation covers Chuck's time at Goldman Sachs, his transition to private equity, and the formation of Stone Point Capital. We then turn to the firm's multi-year, outbound, targeted search for the best executives in financial services, work with portfolio companies, activity in the asset management sector, and management of Stone Point. Learn More Subscribe: Apple | Spotify | Google Follow Ted on Twitter at @tseides or LinkedIn Subscribe Monthly Mailing List Read the Transcript

Chuck Davis, CEO of Stone Point Capital was interviewed LIVE on the Traders Network Show, hosted by Matt Bird, at the 2019 Greenwich Economic Forum in Greenwich, CT.To inquire about being a guest on this show or others: Matt Bird CommPro Worldwide C: +1 (646) 401-4499 E: matt@commpro.com W: www.commpro.com

Craig Stapleton, Senior Advisor at Stone Point Capital was interviewed LIVE on the Traders Network Show, hosted by Matt Bird, at the 2019 Greenwich Economic Forum in Greenwich, CT.To inquire about being a guest on this show or others: Matt Bird CommPro Worldwide C: +1 (646) 401-4499 E: matt@commpro.com W: www.commpro.com

Jon Nguyen got his first taste of M&A-related work in the early to mid-2000s when he served as the finance partner for the auto lending unit of HSBC. “In consumer lending, you end up doing a lot of portfolio purchases rather than equity ones, but I have become more involved in the execution of deals over the past 8 years,” says Nguyen, who, distinguishes the past 8 years as a standout chapter -one that has allowed him to certify his M&A credentials and enter the CFO office at Kyriba. Turn back the clock 8 years, and Nguyen is vice president of finance for Mitchell International, a $600 million software and service business. As the company’s FP&A leader, Nguyen was tasked with supplying key insights to management decision-making behind the sale of Mitchell to KKR in 2013. Meanwhile, 5 years later, Nguyen was once more in the M&A diligence mix when KKR sold Mitchell to Stone Point Capital. Along the way, Nguyen’s M&A resume quickly expanded. “At Mitchell, we were very acquisitive, and during my tenure there, we acquired 12 to 15 companies,” says Nguyen, who frequently became charged with leading the integration of Mitchell’s latest bounty. In mid-2018, following the sale of Mitchell to Stone Point, Nguyen joined cloud treasury and finance solutions company Kyriba as senior vice president of FP&A. Roughly a year later, he was named Kyriba’s CFO—a development that came on the heels of Kyriba’s sale to private equity firm BridgePoint. There’s little question that Nguyen’s latest career chapter has a familiar ring to it and is perhaps part of a larger M&A volume that he first started creating 8 years ago. Says Nguyen: “It’s interesting how life can take you where you belong.” - Jack Sweeney

Field Recording made at Stone Point, Mundon 28th May 2020 as part of my project Resounding, following in the footsteps of JA Baker, author of The Peregrine. www.stuartbowditch.co.uk/resounding-344243

Business in Uncertain Times:Conversations with Maine's Island & Coastal Small BusinessesIn this episode, Peter Piconi, Marine Business Specialist at the Island Institute, talks with Brendan Parsons of Black Stone Point Oysters LLC. Having grown up in Damariscotta, Brendan is now an oyster farmer, a restaurant owner, and a three-time State of Maine Oyster Shucking Champion. Since his business is largely dependent on tourism, Brendan discusses the importance of network building in this uncertain economy. This episode features Galen Koch of The First Coast.Subscribe to the Commercial Currents newsletter here:eepurl.com/b4RMfbSmall business resources:www.islandinstitute.org/resources-sma…nd-nonprofitsThe First Coast:www.thefirstcoast.org

Howdy Roamers! Thanks for catching another episode of the Right To Roam podcast. Sam and Adam had the pleasure of sitting down with Chester Floyd and Seth Morris of RER Bows/Stonepoint Trading Co. The conversation wades through the waters of successful tag draws, custom traditional bows, and hard core pronghorn hunting tactics. Conservation and its […]

This episode is an experiment in time travel. Because Kelly's Dead Relatives Tour conflicted with the recording schedule, the Two Ewes prerecorded this episode. Marsha shares her experiences of the shops she visited on the Puget Sound LYS Tour. Mad Cow Yarns in Lake Forest Park Wild Fibers in Mount Vernon Great Yarns in Everett Pinch Knitter Yarns in Stanwood All Wound Up in Edmonds. The two patterns Marsha bought are a poncho called Stone Point by Courtney Kelly and a cardigan called Harebell by Amy Christophers. She bought a skein of Madelinetosh Twist Light call Void to pair with her Apple Fiber Studio MacIntosh in the color way Moss on a Rock. She also purchased a giant, luscious skein of Done Roving Yarns DK Frolicking Feet Sweater pack. The skein is 1500 yards and weights over two pounds! You'll all hear more about Kelly's Dead Relatives Tour in Episode 69. Stay tuned!

Theme: The Stone that was Rolled Away; by this Stone Point 1: Bitter enmity was conquered, Point 2: Anxious fear was put to shame, Point 3: Erring love was crowned