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Two types of Nationalism

Years ago for my senior thesis, I wrote a paper on Nationalism. In it, I argued that there were two forms of nationalism, a positive side, perhaps better known as Patriotism that works to fuse people together for the “common good” and a negative side that pulls together against a…

Private Equity in the first half of 2017

Now that we’ve made it halfway through 2017 let’s take a quick look back, and spell out a couple of hunches going forward.

The first half of 2017 continued to see more hesitation; small deals went through, a few large corporate…

Momentum

The other day I was outside playing with the kids on the swing when my four year old kept asking to be pushed. After explaining Newtonian physics, swinging your legs building and maintaining momentum… I was still pushing. However, it dawned on me that companies are affected by momentum as well. Think about it…

All cash no contingencies 5 day close!

Like most people these days I watch reality television, and I even admit it. One of the series of shows I enjoy is “Million Dollar Listing,” beautiful high-end real estate in NY or LA, erratic cast of characters, drama, you get the gist. In every episode there…

“The future is uncertain.” Duh!

It’s the beginning of a new year so folks and firms are quickly pumping out “memos” and “insights” and “wisdom” on their expectations for 2017. The majority of things I’ve read over the last couple weeks could be summarized as follows: the future of PE, Hedge Funds, Equities, Bonds (anything…

The “short holiday season” and the rush to the end of the year.

A few days ago my wife told me that this was a “short” holiday season this year. That with a late Thanksgiving there were only four weeks between turkey-day and Christmas day. I furrowed my brow thinking, isn’t it always…

Private Equity in 2017

Looking into my magic 8 ball, here is an arbitrary list of things I find likely to happen, or to continue to happen in Private Equity over the next year.

The biggest firms will continue to raise capital and will diversify to become less strictly focused on PE…