4.8 • 806 Ratings
🗓️ 4 September 2023
⏱️ 64 minutes
🧾️ Download transcript
Today’s show is the most popular episode from our new podcast, Investment Management Operations. Subscribe to Investment Management Operations on Apple, Spotify, or wherever you listen to podcasts.
Host Scott McDonald interviews Jenn Birmingham, Managing Director at the Princeton University Investment Company (or PRINCO)
Jenn exudes the concept of organizational alpha - how operations can integrate, provide leverage, and add value to investment results. In particular, her descriptions of collaboration and decision-making at PRINCO offer an insider’s look at one of the top endowment performers for decades.
Jenn often refers to the leadership of Andy Golden, PRINCO’s longtime CIO. His first appearance on Capital Allocators is replayed in the feed.
For full show notes, visit the episode webpage here.
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0:00.0 | Capital Allocators is brought to you by Ten East, an investment platform for sophisticated investors to access private markets. |
0:10.5 | Ten East brings benefits of having your own family office without the cost and headaches of doing so. |
0:16.8 | It's founded and led by Michael LaFelle, former deputy executive managing member of Davidson Kempner. |
0:24.2 | Michael and his investment team offer members the opportunity to co-invest by offering at their |
0:29.1 | discretion. Michael and his team source, diligence, and commit material personal capital to each |
0:35.3 | investment. The opportunities shared on the Ten East platform |
0:38.9 | offer exposure to private credit, real estate, niche venture and private equity, and other |
0:44.5 | idiosyncratic investments that typically aren't available through traditional channels. |
0:49.2 | The principles have over a decade track record of investing in these types of exposures |
0:53.5 | across more than 350 |
0:55.7 | transactions. Post-investment, the Tennis team conducts ongoing monitoring and reporting, |
1:01.8 | just as you'd expect from an institutional investment organization. I've known Michael for about a |
1:07.0 | decade, and after becoming impressed by the quality of 10 East offerings, its research |
1:11.6 | process, and high-quality investment team, I became an advisor to the organization, an investor |
1:17.1 | in multiple offerings. You can learn more and join me as a member at 10-east.com. That's the number 10, |
1:25.4 | east.co.O. |
1:33.4 | Capital Allocators is also brought to you by SRS Aquium. |
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1:59.2 | M&A payments, digital stockholder solicitation, |
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