• Episode 10: GP Stakes - A Purer Alignment for LPs/GPs or Unnecessary Distraction? with Sean Ward and Shawn Ury

  • Apr 9 2024
  • Duración: 1 h y 38 m
  • Podcast
Episode 10: GP Stakes - A Purer Alignment for LPs/GPs or Unnecessary Distraction? with Sean Ward and Shawn Ury  Por  arte de portada

Episode 10: GP Stakes - A Purer Alignment for LPs/GPs or Unnecessary Distraction? with Sean Ward and Shawn Ury

  • Resumen

  • Permanent Capital or GP Stakes structures aim to take further advantage of long-dated patient capital in private markets. Furthermore, they allow the LP to participate in additional cash flow streams with the GP that are elusive in a traditional fund structure. In other words, it allows LPs to get exposure to a variety of alternative asset managers as minority owners in the GPs themselves. But does this provide a purer incentive alignment of investors and GPs or simply split allegiance and attention between multiple masters? In this episode, with the help of the largest GP Stakes participant, Blue Owl, and a large LP in their fund, USAA, we examine the evolution of the approach, its idiosyncratic and multi-faceted return stream, and try to honestly assess some of the myths that haunt the space.


    Guests:

    • Sean Ward, Senior Managing Director, GP Strategic Capital Platform, Blue Owl
    • Shawn Ury, CAIA, Executive Director and Head of Alts, USAA


    Episode Sources

    Más Menos

Lo que los oyentes dicen sobre Episode 10: GP Stakes - A Purer Alignment for LPs/GPs or Unnecessary Distraction? with Sean Ward and Shawn Ury

Calificaciones medias de los clientes

Reseñas - Selecciona las pestañas a continuación para cambiar el origen de las reseñas.