- The Compound Insider
- Posts
- Actively Allocating to Alts
Actively Allocating to Alts
This Week on The Compound
This Week on The Compound
This week on TCAF, Josh and Michael were joined by Michael Sidgmore, Partner and Co-Founder of Broadhaven Ventures, and host of the Alt Goes Mainstream podcast. They discussed the evolution of private markets, evergreen funds, and the T. Rowe Price/Goldman deal. (Listen)
INSIGHTS
Regarding alternatives, Lee-Brown and Mott in Colossus examine AI's role in the space. While many startups are already attacking the opportunity, AI has a number of use cases. They write:
Bloomberg was a key catalyst for spiraling changes in the bond and equity markets. We think AI will drive a similar pattern of change in private equity and venture capital today. Firms working against the backdrop of more crowded and competitive markets will readily adopt AI for operational efficiency.
CHART OF THE WEEK
A common argument is that stock market valuations are too high, compared to their historical track record. Ben Carlson at A Wealth of Common Sense looks at this argument and notes that S&P 500 companies have become more profitable over time. This argues for higher baseline valuations.
MERCH
New merch alert! Two new The Compound trucker hats just dropped. They come in Navy and Black/White. You can check out all our dope merch at idontshop.com.
COMING SOON
This week on TCAF, Josh and Michael will be live at Future Proof speaking with Jenny Johnson, President and CEO of Franklin Resources.
FEEDBACK
Got something to say? Reach out to the shows at Animal Spirits or Ask the Compound.
Interested in sponsoring The Compound? Reach out to Graham for details.