The Motley Fool

FEBRUARY 19, 2024

These are called private placements, and most of the time, the shares are sold to investment banks or hedge funds. Hedge funds are often far riskier than investing in a mutual fund, and they are exclusively for people with at least $200,000 in income or $1 million in net worth.

Hedge Funds 239

Hedge Funds Mutual Funds High Net Worth Individuals Mergers and Acquisitions 239

The Big Picture

JUNE 13, 2023

So that was a while back, but nonetheless, I don’t know if it was love at first sight, but we got to get along pretty well, and after a few years working for investment banks, he then joined Goldman Sachs. I joined, effectively, Deutsche Bank. We decided to try to have a go on our own. We were 28, 30 respectively.

Banks 57

Banks Asset Management Assets Capital 57

The Motley Fool

JULY 28, 2023

But other than that, we continue to invest pretty heavily in our talent, and we would expect to do so coming in the future. I know you had highlighted difficult comp on performance fees in the quarter. Weston Bloomer -- UBS -- Analyst Great, thank you. And then, my second question is on wealth solutions' organic.

Capital 100

Capital Business Services Liabilities Debt 100

The Big Picture

MARCH 27, 2023

I wanted to see the world, and whether it was investment banking, or basket weaving really had absolutely no bearing on my decision. And all these formally high performers are now just so big, they’re very happy collecting the management fee and the performance fee matters less.

Hedge Funds 110

Hedge Funds Funds Assets Consultants 110

The Big Picture

FEBRUARY 28, 2023

I was actually running the Investment Banking Club at BYU, and you know, thought I was interested in that, interested in going to Wall Street. And that comes from having our capital invested alongside theirs, and having very strict requirements for performance before we get paid performance fees.

Assets 57

Assets Private Equity Firms Private Equity Firms Due Diligence 57