Category: Insights
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Third Wire Counterweight Newsletter: April 2024
To subscribe to our newsletter visit us on LinkedIn: April already? Insert cliché about spring cleaning here. 🙂 Last month, I bombarded you with questions. This month, I’ve been digging around for answers and have shared a bunch of solid articles and recent studies below. If you’ve been following our company…
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Asset Allocation 101: Getting your equity allocation “right”
What’s in a name? The question of how to categorize private equity and whether it belongs to the realm of “alternative investments” might strike some as ‘stupid’ but it isn’t just a matter of semantics. It’s actually pretty important. This isn’t just about labels; it’s about accurately assessing and managing…
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Third Wire Counterweight Newsletter: March 2024
To subscribe to our newsletter visit us on LinkedIn: Happy March! This month, we’ll start by playing a game called “Choose Your Investment Analogy.” What’s my point? I’ve been thinking a lot about something I’ve been seeing more and more in recent weeks—stories related to large Private Equity shops and their…
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Asset Allocation 101: The ‘Ivy League’ Model isn’t a Fit for Individuals
Remembering our Core Principles Let’s just get this out of the way. Yes, we believe most of your clients could benefit from an allocation to alternative investments. No, we don’t think many of the new entrants in this industry take your clients’ best interests into account when they pitch you…
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Third Wire Counterweight Newsletter: February 2024
To subscribe to our newsletter visit us on LinkedIn: Apologies in advance for the length of my intro letter this month. Proof that when I say, “Don’t get me started,” I know what I’m talking about. 🙂 Let’s pretend you operate a drive-through coffee stand at a rest stop en route…
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Due Diligence 101: Not Even a G.D.’d Google Search?
It’s usually the first thing people do when they’re researching a new pair of shoes or a new restaurant or something. How, then, can someone not even do a basic Google search on the key principals of a fund or investment platform they’re considering investing in or partnering with? How,…
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Due Diligence 101: Upholding Rigor Against a Tide of Compromise
This is how it should be done. With alternative investments, manager selection is crucial to success, and due diligence is the cornerstone of this process. As we’ve discussed in previous articles, far from being a simple checklist or rubber-stamp formality, due diligence is an in-depth exploration of a manager’s operations,…
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Third Wire Counterweight Newsletter: January 2024
To subscribe to our newsletter visit us on LinkedIn: What’s your cutoff date for wishing people a Happy New Year? I think it’s February 1st. If it’s still January and you have not spoken to the person yet, it’s perfectly acceptable. So, Happy New Year! Are you like me and tired…
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Due Diligence 101: Best-in-Class?
Reality Check Call us old-fashioned if you want, but in our view, every movie isn’t Oscar-worthy, every kid doesn’t deserve a gold medal just for participating, and every fund manager isn’t ‘best-in-class’—sorry. While we appreciate their optimism, just making the claim in marketing materials doesn’t make it so. Like we’ve…
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Third Wire Counterweight Newsletter: December 2023
To subscribe to our newsletter visit us on LinkedIn: First of all, Happy Holidays, and thank you for subscribing to our humble newsletter. I hope we have a chance to get to know each other better in the coming year. I recently reviewed some research conducted by Cerulli and SIFMA called…