Meghan Reynolds – Art of Capital Formation (EP.438)

Capital Allocators – Inside the Institutional Investment Industry

Ted Seides – Allocator and Asset Management Expert

Investing, Capitalallocation, Business

4.8 • 806 Ratings

🗓️ 31 March 2025

⏱️ 70 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Meghan Reynolds is Partner and Head of Capital Formation & Talent at Altimeter Capital, a leading technology-focused investment firm founded by Brad Gerstner. Meghan joined Brad three years ago, after decade-long stints at Goldman Sachs and TPG. She’s like the private equity version of my friend and partner Rahul Moodgal, bringing a keen understanding of LPs and a relationship-focused approach to her role.

Our conversation covers Meghan’s experience building and maintaining great LP relationships over twenty-five years at both large and smaller firms. She discusses the role of capital formation, approach to serving clients, process of seeking prospects, and parallels between venture capital today and private equity a decade ago. We close with a discussion of what Meghan is hearing from LPs.

Learn More
Follow Ted on Twitter at @tseides or LinkedIn
Subscribe to the mailing list
Access Transcript with Premium Membership

Transcript

Click on a timestamp to play from that location

0:00.0	Capital allocators is brought to you by my friends at WCM Investment Management.
0:07.5	To outperform the markets, you have to do something differently from others.
0:11.9	In my 30-something years investing in managers, there may be no one I've come across who does that as clearly and as well as WCM.
0:20.1	I've seen it up close as an investor in their
0:22.3	international growth strategy for the last five years. WCM is a global equity investment manager
0:28.9	majority owned by its employees. They believe that being based on the West Coast, away from
0:34.7	the influence of Wall Street Groupthink, provides them with the freedom
0:37.9	to live out their investment team's core values, think different, and get better.
0:43.5	As advocates of integrating culture research into the investment process and advancing
0:48.3	wide moat investing with the concept of moat trajectory, WCM has delivered differentiated returns while building concentrated
0:56.2	portfolios designed to stand out from the crowd. WCM is committed to defying the status quo
1:03.1	by dismantling outdated practices, believing in the extraordinary capabilities of its people,
1:08.8	and fostering optimism to inspire each individual
1:12.2	to become the best version of themselves. To learn more about WCM, visit their website at WCMinvest.com.
1:21.3	And tune in to this slot on the show to hear more about WCM all year long.
1:26.9	This testimonial is being provided by Ted Sides and capital allocators who have been
1:30.2	compensated a flat fee by WCM.
1:31.9	His payment was made in connection with capital allocators' testimonial and production
1:34.4	of podcasts, and does not depend on the success or level of business generated.
1:37.7	The opinions expressed are solely those of capital allocators and may not reflect the opinions
1:40.5	of others.
1:41.1	Investing involves risk, including the possible loss of principle.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Ted Seides – Allocator and Asset Management Expert, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Ted Seides – Allocator and Asset Management Expert and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.