In this episode of the Dakota Live! Podcast, host Robert Morier sits down with Alex Band, Chief Investment Officer of Partners Capital, for an in-depth discussion about the evolving landscape of institutional investing and Outsourced Chief Investment Officer (OCIO) services.Alex shares his journey from biochemical sciences to finance, pivotal lessons from his career, and how these experiences have shaped his contributions at Partners Capital.Discover how Partners Capital approaches OCIO services with a focus on dynamic strategies, emerging managers, and innovative investment structures. Alex also provides a sneak peek into the key elements of their investment program, exploring features such as talent acquisition, manager selection, and risk management.Packed with valuable insights, this episode offers a forward-looking perspective on investment opportunities for 2025 and advice for young professionals entering a complex world.Tune in to learn how discipline, curiosity, and adaptability drive success in investment management.

In this episode, we welcome Hunter Swanson, Senior Research Coordinator at DeMarche, a rising star in the investment consulting industry, to dive into the intricacies of manager sourcing, search, and selection.Based in Kansas, and with over 50 years of history in guiding institutional investors, DeMarche helps clients develop custom investment strategies while maintaining consistency and transparency. The firm provides a comprehensive spectrum of services ranging from tailored Advisory Consulting to fully discretionary, Outsourced Chief Investment Office (OCIO) to help support their client’s fiduciary responsibilities.Hunter shares insights into how managers can engage with DeMarche, the importance of a well-defined investment process, and key factors that drive manager approval. He also discusses emerging trends and asset classes that DeMarche is exploring, along with how they evaluate new managers for potential inclusion.For asset managers looking to connect with DeMarche, Hunter provides actionable advice on navigating the entry points and the rigorous research process they use to identify the best investment partners.Join us to learn how DeMarche’s comprehensive, long-term approach can help managers position themselves for success in institutional portfolios.Don’t miss this inside look at the strategies and criteria DeMarche values as they support clients in reaching their financial goals.

In this episode of the Dakota Live! Podcast, we sit down with Andrew Davis, Head of Macro Research at Bryn Mawr Trust. Andrew brings a wealth of experience to the conversation, drawing from his background as an economist and portfolio strategist. He shares how these roles have influenced his approach to portfolio construction, tactical asset allocation, and navigating complex economic environments.Bryn Mawr Trust is a division of WSFS Bank focusing attention and resources on financial planning for high-net-worth individuals, families, and institutions.We explore how Bryn Mawr Trust leverages a mix of internal strategies and external manager selection to meet diverse client needs, emphasizing a philosophy of openness and adaptability.Among key insights, you will come to learn Bryn Mawr Trust’s approach to:✓ Holistic Client Focus: Bryn Mawr Trust prides itself on providing comprehensive, client-first solutions that integrate investment strategies with financial and tax planning, ensuring a personalized approach that prioritizes client goals.✓ Open Architecture Strategy: The firm’s investment philosophy emphasizes adaptability and openness, leveraging a combination of in-house strategies and best-in-class external managers to maximize returns and tailor portfolios to unique client needs.✓ Entrepreneurial & Data-Driven Insights: Bryn Mawr Trust’s approach to manager research and asset allocation is rooted in data analysis and entrepreneurial thinking, allowing the firm to remain agile and proactive in a constantly evolving macroeconomic landscapeAndrew delves into the importance of balancing risk and return, considering liquidity, and navigating the evolving landscape of global macroeconomic conditions, including interest rate dynamics and geopolitical instability.Tune in to hear Andrew’s perspective on where markets are heading, how his entrepreneurial studies at Wharton influence his investment strategy, and what it takes to succeed in wealth management. Don’t miss this opportunity to gain valuable knowledge from one of the industry's rising stars.

In this episode of Dakota Live! Podcast, we sit down with Angela Williams, a Senior Investment Analyst at CIBC Private Wealth in Boston.Angela brings over 25 years of industry experience to her role, where she is responsible for manager due diligence and selection for CIBC Private Wealth's Multi-Manager Investment Program.Angela shares her insights into the rigorous process of manager research, emphasizing the critical balance between strategy differentiation and risk management. Whether it's her focus on building truly active portfolios or her approach to understanding a manager's character, Angela offers a deep dive into what it takes to identify and work with top-tier asset managers.CIBC Private Wealth, managing over $100 billion in assets, provides customized wealth management solutions that integrate active and alternative strategies across asset classes. Known for their selective approach to external partnerships, CIBC balances a robust lineup of proprietary and external strategies, emphasizing due diligence and portfolio alignment to meet diverse client needs.Angela’s work, rooted in a commitment to quality research and a nuanced understanding of active management, drives CIBC’s focus on sustained, risk-adjusted growth for its clients.Tune in as Angela details her process for conducting comprehensive due diligence, her criteria for selecting managers who align with CIBC’s vision, and the importance of blending innovative strategies with traditional risk controls. From practical tips for institutional investors to valuable lessons for emerging managers, this episode is packed with insights into the world of investment analysis and decision-making at CIBC Private Wealth.Don't forget to like, subscribe, and hit the notification bell to stay updated with all our latest episodes!

In this episode of the Dakota Live! Podcast, host Robert Morier sits down with Eric Gerster, Chief Investment Strategist at AlphaCore Wealth Advisory. With nearly three decades of experience in the financial industry, Eric shares insights into his impressive background in long/short and long only equity management, having worked with notable firms like Point72, Guggenheim, and T. Rowe Price.AlphaCore is a wealth advisory firm dedicated to helping clients build and preserve their wealth. The firm combines sophisticated wealth planning techniques with investment management services.This episode delves into AlphaCore’s innovative approach to manager selection and portfolio construction, focusing on alternative investments, including hedge funds, venture capital, and private equity.Join us as we explore the following topics:✅ AlphaCore’s differentiated approach to building portfolios by integrating alternative assets like private equity and real estate credit✅ How AlphaCore tailors client portfolios with a focus on income generation and long-term growth✅ Why learning from past mistakes and protecting against downside risk leads to more consistent, long-term returnsEric also explores how AlphaCore identifies and partners with emerging managers, offering a fresh perspective on sourcing talent in venture capital and alternative asset classes.Join us for an engaging conversation about the complexities of manager selection, AlphaCore's role in helping clients navigate a diversified investment landscape, and the exciting opportunities emerging in venture capital and alternative credit markets.

In this episode of the Dakota Live! Podcast, we are thrilled to welcome back Adam Choppin, Vice President, and Assistant Portfolio Manager for Multi-Manager Strategies at Xponance, marking exactly one year since his last appearance.With over ten years of experience at Xponance, Adam has been instrumental in shaping the firm’s approach to emerging manager selection and portfolio construction.Join us as we delve into the significant changes in the investment landscape over the past year, exploring how global equity markets have faced considerable challenges.Adam shares his insights on Xponance’s commitment to identifying and supporting emerging managers, emphasizing the importance of strategic due diligence in driving sustainable alpha. We discuss the evolving dynamics in emerging markets, particularly in India and Latin America, as they emerge as key players in a multipolar world order. Adam also sheds light on the impact of market conditions at the inception of strategies and how investors can effectively navigate these shifts in a complex environment.As we reflect on Adam’s journey and the lessons learned over the past year, this episode offers valuable perspectives for institutional investors looking to adapt to changing market conditions.Tune in for actionable insights that can help you stay ahead in today’s investment landscape.

In this episode of the Dakota Live! Podcast, host Robert Morier sits down with Roger Vincent, Founder and Chief Investment Officer of Summation Capital.With over 25 years of experience in private equity, Roger shares his unique insights on how to approach private equity investing with an endowment-style philosophy. He discusses the importance of diversification, the balance between qualitative and quantitative analysis, and how to build a resilient portfolio that looks ahead—"underwriting from the windshield."Tune in to learn:The power of diversification and vintage risk managementRoger’s approach to manager selection and portfolio constructionHow Summation Capital aims to reshape private equity access and feesWhy long-term vision and adaptability are crucial for investment successRoger's in-depth conversation covers his journey from leading Cornell University’s private equity portfolio to launching Summation Capital, his innovative approach to co-investments, and how private equity strategies can help achieve long-term success.Whether you’re an investor, manager, or student, this episode is a masterclass on navigating the complexities of private equity with precision and foresight.

In this episode of the Dakota Live! Podcast, Robert Morier sits down with Steven Foresti, Senior Advisor of Investments at Wilshire, who brings over 30 years of experience in investment management. Steve has played a key role in shaping Wilshire’s research efforts and supporting both public and private market strategies.Wilshire offers a wide range of investment solutions and services for institutional investors, financial advisors, and intermediaries. They focus on tailored advisory and outsourced CIO services. With over $1.4 trillion in assets under advisement and $121 billion in assets under management, Wilshire delivers advanced financial analytics, market-leading indexes, and innovative investment solutions to optimize portfolios and improve investment outcomes.Join us as we explore how Wilshire is addressing today’s market volatility, the role of outsourced CIOs, and how institutions are adapting their portfolios for long-term success. We also dive into Steve’s career journey, leadership style, and his thoughts on the future of asset allocation.In sharing his career journey, Steve also discusses how his experiences with vision loss shaped his adaptability, resilience, and collaborative leadership style.He discusses the evolution of manager research, emphasizing how advances in technology have transformed the way data is gathered and analyzed. Steve also offers insights into Wilshire’s approach to investment processes, underscoring the importance of trust, transparency, and respecting the process in manager selection.Additionally, Steve explores the role of due diligence at Wilshire, explaining how a structured approach drives successful outcomes in both public and private markets.Whether you’re an investment professional, allocator, or simply curious about asset management, this episode provides invaluable insights into the way Wilshire operates and Steve’s inspiring leadership journey.Don’t miss this opportunity to learn from one of the industry’s leading voices as he reflects on his experiences and shares his vision for the future of investment management.

In this episode of the Dakota Live! Podcast, Robert Morier sits down with Lisa Cawley and Jamie Rhode from Screendoor, an investment platform focused on backing the next generation of venture capital managers.Lisa, Jamie, and Layne Johnson, who was unable to attend the recording, represent Screendoor, an investment platform that invests in new managers, driving the next wave of innovation and new perspectives in venture capital. They provide limited partners with access to highly competitive managers, driving alpha that would be challenging for them to otherwise identify, access, and underwrite.The conversation explores how Screendoor is addressing critical gaps in the venture capital ecosystem by identifying and supporting new managers, who are driving innovation and building the next wave of venture firms.Whether you're an allocator, an emerging GP, or just curious about venture capital, this episode provides invaluable insights into how Screendoor's unique approach combines allocator expertise with GP advisors to unlock access to early-stage managers with high return potential.Lisa and Jamie explain how Screendoor evaluates emerging managers by looking beyond the numbers, focusing on grit, resilience, and unconventional backgrounds to discover the next industry leaders.Tune in to learn how Screendoor is transforming venture capital by providing access for institutional investors to engage with early-stage managers, fostering a community-driven approach that emphasizes the value of relationship building.Along the way, Lisa and Jamie share real-world examples of how their hands-on approach has helped early-stage managers navigate the challenges of firm building and capital allocation, illustrating how innovation and new perspectives can drive alpha in venture capital.Don’t miss this opportunity to discover how Screendoor is shaping the future of venture capital, empowering allocators and GPs alike.

In this episode of the Dakota Live! Podcast, Robert Morier sits down with Kelly Kiel Garramone, CEO of KRW International, to explore how character science is impacting manager research and asset allocation in investment management. Whether you’re an allocator or an asset manager, this episode offers invaluable insights into how character-based leadership can lead to financial success and stronger decision-making.In an industry where people and culture are recognized as key drivers, why does understanding them remain such a mystery in the due diligence process?Kelly Garramone and KRW International shed light on the connection between behavior and action, revealing the key attributes that top investment leaders display when managing an organization, team, or strategy.Tune in to discover how character influences everything from succession planning and organizational culture to managing senior talent and optimizing capacity. Kelly also shares best practices for understanding investor temperament and improving execution.From an asset allocator’s perspective, you'll learn how understanding your own character is crucial before evaluating the character and leadership of others, and how character-based metrics can improve the overall performance of your team and the investments you select.For asset managers, discover how small behaviors, such as keeping promises and ensuring congruency between words and actions, can translate directly into business growth and long-term financial performance.Along the way, we dive into real-world examples from private equity and asset allocator case studies, illustrating how character-driven leadership brings tangible results.Don’t miss this opportunity to see how character science can shape the future of your investment strategy, team dynamics, and manager research.

In this captivating episode of the Dakota Live! Podcast, host Robert Morier welcomes Chris Schelling, Managing Director of Private Markets at Caprock, to explore the intricate world of alternative investments. With a rich background spanning over two decades in the investment industry, Chris has been at the forefront of building portfolios with a keen focus on alternatives, achieving remarkable success through his strategic allocations across hedge funds, real assets, private credit, and private equity.Caprock is a multifaceted wealth advisory firm that specializes in providing comprehensive investment and wealth management solutions to high-net-worth individuals, families, and institutional investors.Serving over 300 families, Caprock advises on assets of $8.9 billion dollars as of December 31, 2023. Of which, $4.1 billion is allocated to private markets, and $2.2 deployed with impact intentionality. The firm is an SEC-registered investment advisor and a founding B-Corporation headquartered in Boise, Idaho.Join us as Chris shares insights from his extensive journey, including the evolution of alternative investments and the importance of sustainability in modern investment portfolios. He also dives deep into his analytical approach to portfolio construction, manager selection, and the critical role of manager research in achieving top-tier investment returns.Chris is an influential voice in the investment community, sharing his insights and analyses through various publications including his book, ‘Better Than Alpha.’  His writings delve into the nuances of the illiquidity premium, the dynamics of alternative investments, and the evolving landscape of private equity and hedge funds.This episode is a must-watch for anyone interested in the complexities and opportunities within alternative investments, from seasoned professionals to those just starting their journey in the finance industry. Chris's expertise and unique perspectives provide invaluable lessons on navigating the alternative investment landscape and leveraging it for future success.Whether you're looking to understand the nuances of private equity, hedge funds, or the impact of technological advancements on investment strategies, this conversation offers a comprehensive overview of the current trends shaping private markets.Don't forget to subscribe to our channel for more episodes filled with expert insights and strategies from leading figures in the investment industry. If you find this episode valuable, please like, share, and comment below with your thoughts or questions.

In this episode of the Dakota Live! Podcast, we sit down with Gustavo Cardenas, Managing Director at Wafra, a global investment firm with over $30 billion under management. Headquartered in New York, Wafra has clients around the globe and is owned by the Public Institution for Social Security of Kuwait (PIFSS).Gustavo specializes in strategic partnerships, also known as GP stakes investing. This asset class, involving backing asset management businesses, has garnered significant interest in the past few years. Wafra was one of its pioneers – it carried out its first GP stakes deal back in 2012.Wafra focuses on two different types of strategic partnership deals: seeding and staking. The firm backs both established firms as well as the most promising next-generation alternative investment managers. Typically, it regards established firms as those with AUM of more than $5 billion. Anything below that would classify as an emerging business.Join host Robert Morier as he delves into Gustavo’s unique journey from Nicaragua to New York City, and how he became a leading force in GP stakes investing at Wafra.We explore the intricacies of strategic partnerships, the future of private equity, and the role of catalytic capital in emerging markets. Gustavo shares valuable insights on what it takes to succeed in the ever-evolving landscape of private markets, offering a deep dive into Wafra’s investment strategies and the firm's vision for the future.Whether you're an institutional investor, asset manager, or just curious about the behind-the-scenes dynamics of private equity, this episode is packed with expert advice and thought-provoking discussions.Tune in to learn more about Gustavo’s personal and professional journey, the mentors who shaped his career, and his perspective on the future of GP stakes investing.

In this insightful episode of the Dakota Live! Podcast, we sit down with Celicia Chaung, Deputy CIO of Windrose Advisors, to explore the intricacies of manager research, market insights, and asset allocation strategies that have defined her 20-year career in the investment industry.Celicia shares her journey from an aspiring doctor to a leading voice in hedge fund research and asset management, offering invaluable advice on finding differentiated managers and constructing resilient portfolios in today's volatile market.Why You Should Listen:Gain exclusive insights into Windrose's approach to manager research and selection.Understand the current market trends and how Windrose Advisors positions their portfolios defensively and opportunistically.Learn the value of a diversified asset allocation strategy from a seasoned industry expert.Tune in to learn how Windrose Advisors navigates the complexities of alternative investments, the importance of a global perspective, and the strategic thinking behind their diversified portfolios.Whether you're an investment professional, a curious learner, or someone seeking a deeper understanding of the financial world, this episode is packed with actionable insights that you won't want to miss.

In this episode of Dakota Live! Podcast, Robert Morier sits down with Chavon Sutton, Senior Investment Director at Cambridge Associates, for an inspiring conversation that transcends traditional finance. Recorded at the TIDE Spark 2024 conference in Dana Point, California, Chavon shares her incredible journey to becoming a leader in sustainable and impact-driven investing.Chavon discusses how Cambridge Associates seamlessly integrates sustainability, diversity, and long-term value creation into the investment process. She shares her approach to manager research, emphasizing the importance of intentionality and collaboration with investment managers committed to making a real-world difference.Throughout the episode, you’ll discover how Chavon is guiding clients to invest in innovative solutions addressing the world’s most pressing challenges, from climate change to healthcare equity. Her unique perspective on balancing financial returns with social and environmental impact is essential listening for anyone looking to align their investments with impact.Whether you're a seasoned finance professional or new to the industry, this conversation provides valuable insights into how the future of finance can merge profit with purpose. Tune in to learn how Chavon Sutton and her team at Cambridge Associates are shaping a more sustainable, equitable future through smart, impact-focused investing.

In the latest episode of the Dakota Live! Podcast, Robert Morier sits down with Daniel Pogue, Vice President at Moelis Asset Management, and a pivotal member of the Catalyst Partners team.  Join us as we delve into the nuances of private equity seeding and the critical role Catalyst Partners plays in empowering emerging private equity managers.Moelis Asset Management is a global investment management firm providing asset management services across various strategies, including private equity, credit, and real assets.  Moelis Asset Management is a New York city based asset management firm with approximately 8 billion in assets under management across strategies, such as broadly syndicated loans, direct lending, venture capital, and more. Within the firm, the Catalyst Partners team focuses on partnering with emerging private equity managers, providing strategic capital, operational support, and extensive networks to help these managers grow and succeed.Daniel focuses on partnering with emerging private equity managers, encompassing responsibilities such as manager research, investment sourcing, and capital formation.Key Takeaways:Strategic Anchor Capital: Daniel emphasized the importance of providing early, scalable capital to emerging managers. Catalyst Partners doesn't just bring funding; they offer strategic value-add services that help managers build their firms and navigate the complexities of the market.Focus on Emerging Managers: Catalyst Partners is particularly focused on Fund I opportunities, where they see the most potential for growth and partnership. By providing foundational support, they help these managers transition from concept to reality.Value-Add Beyond Capital: Beyond financial backing, Catalyst Partners acts as a true partner, offering guidance on back-office operations, networking opportunities, and introductions to LPs. Their approach is hands-on, ensuring that managers are well-equipped to succeed in a competitive landscape.Human Capital and Team Dynamics: A significant part of Catalyst’s evaluation process is understanding the team dynamics and personality traits of the managers they back. Daniel discussed how they look for qualities like humility, decisiveness, and adaptability, which are crucial for long-term success.The Independent Sponsor Space: Daniel shed light on the evolving landscape of independent sponsors and how Catalyst Partners views this space as a fertile ground for sourcing high-quality opportunities.If you're interested in private equity, emerging manager programs, or investment management solutions, this episode is a must-listen. Daniel’s insights provide a comprehensive understanding of the seeding process and how Catalyst Partners is shaping the future of private equity.

In the latest episode of the Dakota Live! Podcast, Robert Morier welcomes Quincy Brown, Managing Director at Fund Evaluation Group (FEG) and a prominent leader in promoting inclusive investment practices within the asset management industry. With over 27 years at FEG, Quincy has significantly contributed to the creation and implementation of initiatives that support diversity among managers, making a substantial impact on the investment advisory landscape.This episode not only highlights the sophisticated strategies and manager research practices employed by FEG but also offers a deeper insight into Quincy’s leadership and his forward-thinking approach to managing diversity within the investment sector.Discover the insights and strategies that Quincy and FEG bring to the table:Learn about Quincy’s pivotal role in launching FEG's Diverse Manager Initiatives, focusing on creating inclusive environments and identifying diverse investment opportunities.Explore how community foundations can lead the way in fostering inclusive practices within the asset management industry, setting examples for other types of investors.Understand the importance of education in fostering diverse perspectives and promoting inclusive investment strategies.Gain insights into Quincy's personal career journey, the mentors who have shaped his path, and his advice for asset managers seeking to increase diverse representation.Whether you're an industry professional or an aspiring investor, this discussion will enrich your understanding of investment management and the value of diverse investment practices.Tune in to explore the intricacies of FEG’s strategies and what sets them apart in the investment world.

Doug MacBean, Deputy Chief Investment Officer of the California Institute of Technology’s Investment Office (Caltech) joins us at Dakota Live! to share the ingredients from his career and how he approaches his role as an endowment allocator. Like any good recipe, Doug describes the steps to help us better understand his team’s approach to asset allocation and underwriting process as it relates to investment manager research and selection. Sit down for this insightful and informative conversations with one of the industry’s leading investors.

In the latest episode of the Dakota Live! Podcast, Robert Morier is thrilled to welcome Vince Smith, Chief Investment Officer and Deputy State Investment Officer at the New Mexico State Investment Council.With over 37 years of experience in public fund investment, Vince oversees New Mexico's Permanent Funds, managing a diverse portfolio valued at $53.5 billion.Under Vince’s guidance, the investment strategies of the New Mexico State Investment Council have evolved to include a comprehensive top-down macro approach. Vince delves into his extensive background and how it has shaped his investment philosophy and strategies.Discover the insights and strategies that Vince brings to the table:Macro Perspective: Learn how understanding global economic trends shapes effective investment decisions.Demographic Shifts: Explore the impact of changing demographics on market strategies and portfolio management.Trust and Relationships: Understand the critical role of building trustworthy and long-term relationships in the investment world.This episode not only highlights the sophisticated investment strategies employed by the New Mexico State Investment Council but also offers a deeper insight into Vince’s leadership and his forward-thinking approach to managing public funds.Whether you're an industry professional or an aspiring investor, this discussion will enrich your understanding of strategic investment management and the value of a well-balanced portfolio.Tune in to explore the intricacies of Vince’s investment strategies and what sets them apart in the investment world.

In this enlightening episode of the Dakota Live! Podcast, host Robert Morier sits down with Breanna Stein Genecov, Director of Portfolio Solutions and OCIO with Makena Capital. With a background in risk management, portfolio strategy, and manager selection, Breanna offers a deep dive into the complex world of Makena Capital’s OCIO business and how the firm shapes investment outcomes for a diverse client base.Makena Capital Management, LLC was formed in 2005 by senior executives from the Stanford Management Company along with other leading practitioners from elite North American endowments and foundations.The firm offers investment expertise, scale and access to a diverse client base which includes endowments, foundations, family offices, sovereign wealth funds and international institutions focused on preserving and growing multigenerational capital. As of December 2023, the firm is responsible for over $20 billion in capital under management.Beginning as an intern with Makena Capital to her role today, supporting the design, implementation, and management multi-asset class portfolios, Breanna enhances our understanding of the role of the OCIO and the strategic decisions that drive Makena’s investment strategy. With an MBA from Stanford Graduate School of Business, her insights are grounded in substantial academic and practical experience, making her perspective invaluable to anyone interested in the dynamics of manager selection and asset allocation.Episode Highlights:The Role of OCIO: Explore how OCIOs like Makena Capital manage investments for endowments, foundations, and family offices, ensuring their long-term financial health and growth.Career Insights: Breanna discusses her career trajectory, including her shift from covering natural resources to multi-asset class solution management, and the impact of her education on her professional path.Investment Strategies: Gain insights into Makena Capital's approach to investment, focusing on risk management, asset allocation, and the key attributes Makena looks for in asset management partners.Future of Investing: Discussion on the evolution of investment strategies in response to market changes.Whether you're a professional in the industry or an interested observer, there's something in this episode for everyone.

In the latest episode of the Dakota Live! Podcast, Robert Morier welcomes Daniel Gottlieb, Chief Investment Officer for the Southern Ute Indian Tribe. Discover how Daniel oversees the tribe’s Permanent Fund Investments (PFI), which manages a diversified portfolio to support the tribe's long-term financial goals and essential community services.Under Daniel’s leadership, the investment strategies have expanded to include private investments alongside traditional asset classes, reflecting a commitment to diversification and sustainability. With a background in the alternative investment industry, Daniel brings a wealth of expertise in portfolio management and investment strategies.Daniel shares insights into the tribe’s unique investment strategies, the importance of aligning investments with cultural and long-term financial goals, and the significance of building strong relationships with investment partners.This episode not only highlights the Southern Ute Indian Tribe’s sophisticated investment approach but also provides a deeper understanding of Daniel’s leadership and the mission-driven goals of their investment department.Whether you're an industry professional or a curious investor, this discussion will enhance your understanding of strategic investment management and the benefits of a diversified portfolio. Tune in to uncover the intricacies of their investment strategies and what helps them stand out in the investment landscape.

In the latest episode of the Dakota Live! Podcast, host Robert Morier sits down with Jenny Chan, Senior Vice President, and Chief Investment Officer at the Children’s Hospital of Philadelphia (CHOP).  Jenny oversees CHOP's substantial investment portfolio, playing a crucial role in supporting the hospital's mission through strategic and innovative investment approaches.Jenny shares her journey from working in asset management to leading the investment office at CHOP.   She delves into CHOP's unique governance structure and the evolution of its investment strategies, highlighting the hospital's commitment to sustainability and mission-driven goals.Jenny also discusses the challenges and opportunities in managing a diverse portfolio, from venture capital to public equities, and the importance of building strong relationships with investment partners.In addition, Jenny reflects on the personal and professional influences that have shaped her career, from her time with the Doris Duke Charitable Foundation to her leadership role at CHOP. Jenny's journey from bond trading to leading a major healthcare investment team offers inspiring lessons in leadership, continuous learning, and the power of a mission-focused approach.Join us for this insightful conversation that blends technical expertise with personal reflections. Jenny’s approach to investment management, her focus on sustainability, and her leadership at one of the nation’s leading pediatric hospitals provide a fascinating look into the intersection of finance and healthcare.

In the latest episode of Dakota Live!, we are thrilled to welcome Mike Negussie, a pivotal investor in the world of pediatric healthcare investments. As the Investment Director at Children’s Healthcare of Atlanta (CHOA), Mike and the investment team are at the forefront of revolutionizing children's healthcare through strategic investments in biotechnology, life sciences, and more. Dive deep into the world of CHOA, a beacon of hope and innovation, managing over a million patient visits each year and offering over 60 specialized pediatric programs. Discover how the investment team at CHOA is sculpting a brighter, healthier future for children, with Mike and his colleagues leading the charge in analyzing and seizing groundbreaking investment opportunities. Whether you are a budding biotech enthusiast, an investment aficionado, or simply curious about the mechanisms of private and public market due diligence, this episode offers a golden opportunity to gain insights directly from a seasoned expert. Join us as Mike unveils the strategies, approaches, and themes that are currently driving CHOA's extraordinary mission forward. Don't miss this chance to learn from a thought leader in the field, as we explore the intricacies of emerging manager relationships and the current trends in biotechnology and life sciences. Tune in to witness how CHOA is shaping a healthier future, one investment at a time.

In this episode of the Dakota Live! Podcast, Robert Morier welcomes Joseph Heringer, Commissioner, and Frank Mihail, Chief Investment Officer, from the North Dakota Department of Trust Lands.This conversation provides a comprehensive look into how North Dakota manages its substantial land and mineral assets to support educational institutions and other state beneficiaries.The discussion highlights the unique structure and strategies of the North Dakota Department of Trust Lands, detailing the management of over 2.6 million acres of land.Joseph Heringer shares insights into his role and the department's mission to maximize returns and revenue through prudent asset management. The episode delves into the importance of the partnership with the oil and gas industry, which significantly contributes to the state's revenue through royalties.Frank Mihail discusses his role as CIO, overseeing a $7 billion sovereign wealth fund. He outlines the department’s investment strategies, including the introduction of various asset classes such as venture capital and distressed credit, and the restructuring of public fixed income and real estate investments. The conversation also covers the operational improvements and the use of technology to enhance efficiency in portfolio management.Listeners will gain a deeper understanding of how the North Dakota Department of Trust Lands balances its commitments to education and the energy sector while ensuring sustainable growth and innovation.Tune in to discover the intricacies of managing state assets and the strategic initiatives that drive North Dakota's investment success.

In the latest episode of the Dakota Live! Podcast, host Robert Morier sits down with Amanda Tepper and Ravi Venkatraman, managing partners and co-founders of Chestnut Advisory Group.Chestnut Advisory Group and the Chestnut Solutions Institute specialize in providing strategic advisory services and investment solutions tailored to the needs of OCIOs (Outsourced Chief Investment Officers). They offer comprehensive support, including market insights, best practices, and customized strategies to enhance the effectiveness and performance of OCIOs in managing their clients' investment portfoliosAmanda and Ravi bring deep insights into the world of investment management and strategic advisory. Their expertise in the OCIO (Outsourced Chief Investment Officer) space and investment solutions industry is unparalleled.Episode Highlights:✔ The unique challenges and evolution of the OCIO market.✔ Key factors driving the growth and consolidation within the investment solutions industry.✔ The importance of establishing common standards and definitions for investment solution providers.✔ Chestnut's thesis on the importance of meeting clients' needs and how this approach drives their strategic advisory practice.Tune In to Learn:✅ How investors are selecting OCIO partners.✅ Best practices in OCIO management and discretionary services.✅ Insights on client-centric solutions and the importance of ongoing education and dialogue.✅ Emerging trends and innovations shaping the future of the OCIO landscape.Join us for this engaging conversation on navigating the complexities of investment solutions. Amanda and Ravi's approach to strategic advisory, their commitment to ethical standards, and their leadership in the investment management community provide a fascinating look into the future of the industry.

In the latest episode of the Dakota Live! Podcast, host Robert Morier sits down with Jonathan Tubiana, Managing Director, Investments with Abbott Capital.Established in 1986, Abbott Capital Management focuses on creating value for its investors through carefully crafted portfolios of private equity investments. The firm is known for its strategic approach to primaries, secondaries, and co-investments, emphasizing the depth of its market insights and the strength of its global relationships. Since joining Abbott Capital in 2009, Jonathan has played a pivotal role in guiding the firm's investment strategy. With a background in finance from Grenoble School of Finance (France) and NYU Stern School of Business, Jonathan brings a wealth of knowledge and international perspective to his role.Episode Highlights:Jonathan's career journey and evolution at Abbott Capital.The importance of team dynamics and cognitive diversity in investment decisions.How Abbott Capital sources and evaluates private equity managers.The impact of private wealth and product innovation on private equity.Join us as Jonathan shares his journey, insights, and expertise in formulating high-performing private equity portfolios and fostering strong client relationships.Tune In to Learn:The process and criteria for evaluating private equity managers.How Abbott Capital manages risk and portfolio construction.The significance of long-term relationships and client expectations.The role of innovation and emerging trends in private markets.Don't miss this insightful conversation with Jonathan Tubiana and learn more about Abbott Capital.

In the latest episode of the Dakota Live! Podcast, host Robert Morier sits down with Rob Roy, Senior Vice President, Chief Investment Officer, and Co-Head of Environmental Sustainability at AdventHealth.Rob oversees investments for one of the nation’s largest faith-based health systems, which include operating capital and employee retirement portfolios totaling approximately $18 billion. In addition, he co-leads the company's environmental profile transformation, including all emissions, waste, and water streams, and cooperates on the company-wide ESG reporting.Rob shares the innovative strategies that have transformed AdventHealth's investment portfolio, emphasizing risk management and data-driven decisions. Discover how AdventHealth has evolved from a precarious financial position to a robust, risk-balanced portfolio, leveraging strategic partnerships and a generalist team model to navigate complex investment landscapes.Rob also delves into AdventHealth's commitment to sustainability and resilience. Learn about their dual focus on reducing environmental impact and increasing resilience to climate change, with initiatives spanning emissions, waste, and water management. Explore how strategic investments in renewable energy and workforce housing not only align with their mission but also provide strong financial returns. Rob's journey from bond trading to leading a major healthcare investment team offers valuable lessons in continuous learning, curiosity, and the power of collaboration.Join us for this inspiring conversation that blends technical insights with personal reflections. Rob's dedication to aligning investment strategies with organizational values and mission-driven goals is a testament to effective leadership.

Welcome to our latest episode of the Dakota Live! Podcast. In this special episode, we recorded live from North Dakota State University in Fargo, bringing together a panel of distinguished guests to explore the growth of capital in the state and how investment decisions from the State’s Department of Trust Lands, North Dakota State University (NDSU) Foundation, and its student-managed investment strategy come together at the intersection of education, energy, and investment policy in this nuanced institutional market.Our goal at Dakota Live! is to demystify the investment sales ecosystem by introducing you to the key participants, from chief investment officers to research professionals and consultants down to the next generation of investment professionals.We’re diving deep into the heart of investment strategy and education to demonstrate the inter-connectedness of our nation's public pension systems and the institutions they support.Meet Our Panel:Allyson Peterson: Chief Financial Officer at the NDSU Foundation, overseeing the long-term growth and investment of Foundation assets.Jon Spahn: President of the NDSU Bison Fund, a student-run equity fund providing real-world investment experience.Frank Mihail: Chief Investment Officer at the North Dakota Department of Trust Lands, managing investments for the state's Sovereign Wealth Fund.Joe Heringer: North Dakota Commissioner of University and School Lands, driving policy and strategic direction.In This Episode:Introductions and Interconnectedness: How our guests are connected and their shared mission to advance the interests of North Dakota and NDSU.Investment Strategies and Processes: Insight into the strategies behind managing the NDSU Bison Fund and the Trust Lands' $7 billion portfolio.Educational Impact: The role of the NDSU Foundation in supporting the university’s goals through effective asset management.Career Advice for Students: Our panel shares invaluable advice for students about to enter the finance world.Highlights:Allyson Peterson discusses the importance of aligning the Foundation’s investments with both long-term goals and immediate university needs.Frank Mihail talks about the process of filling strategic asset allocation gaps and the importance of consistent performance in investment management.Joe Heringer emphasizes the significance of promoting the Trust Lands' mission and fostering transparency.Jon Spahn provides a glimpse into the practical experiences and opportunities offered by the Bison Fund to NDSU students.This episode is packed with actionable insights and career advice for aspiring finance professionals, and anyone interested in the intricacies of institutional investment.Special Thanks: A heartfelt thank you to North Dakota State University for hosting us and to Jon Spahn for coordinating this opportunity.

In the latest episode of the Dakota Live! Podcast, host Robert Morier sits down with Joe Cortese, Partner, and Senior Consultant with Fiducient Advisors.Fiducient Advisors is a full-service asset advisory business founded in 1995. With 215 professionals and $309 billion in assets under advisement (as of December 31, 2023), Fiducient is one of the premier consultancy businesses in the US with providing investment consulting services to retirement plans, endowments and foundations, private clients, and financial institutions.In this episode, Joe shares his wealth of knowledge and insights on the subtleties of asset allocation, investment strategy design, manager research and selection, and the evolving landscape of investment consulting.Whether you’re a seasoned investor or new to the field, this episode offers critical insights into managing complex investment portfolios and navigating the challenges of today’s financial landscape.Disclosure:This video is intended for the exclusive use of clients or prospective clients of Fiducient Advisors LLC. The information contained herein is intended for the recipient, is confidential and may not be distributed to any other person without the prior approval of Fiducient Advisors. Any dissemination or distribution is strictly prohibited. Information has been obtained from a variety of sources believed to be reliable though not independently verified. Any forecasts represent future expectations and not actual returns; volatilities and correlations will differ from forecasts. This video does not constitute a specific investment recommendation. The opinions and analysis expressed herein are based on Fiducient Advisors' research and professional experience, and are expressed as of the date of this video. Please consult with your advisor, attorney, and accountant, as appropriate, regarding specific investment advice. Past performance does not indicate future performance, and there is a possibility of loss.This video does not constitute advice or a recommendation or offer to sell or a solicitation to deal in any security or financial product. It is provided for information purposes only and on the understanding that the recipient has sufficient knowledge and experience to be able to understand and make their own evaluation of the proposals and services described herein, any risks associated therewith and any related legal, tax, accounting, or other material considerations. To the extent that the reader has any questions regarding the applicability of any specific issue discussed above to their specific portfolio or situation, prospective investors are encouraged to contact Fiducient or consult with the professional advisor of their choosing.Certain information contained herein constitutes “forward-looking statements,” which can be identified by the use of forward-looking terminology such as “may,” “will,” “should,” “expect,” “anticipate,” “project,” “estimate,” “intend,” “continue,” or “believe,” or the negatives thereof or other variations thereon or comparable terminology. Due to various risks and uncertainties, actual events, results or actual performance may differ materially from those reflected or contemplated in such forward-looking statements. Nothing contained herein may be relied upon as a guarantee, promise, assurance, or a representation as to the future.

In the latest episode of the Dakota Live! Podcast, host Robert Morier sits down with Scott Anderson, Chief Investment Officer for the North Dakota Retirement & Investment Office (RIO), which coordinates the activities of the State Investment Board and the Teachers’ Fund for Retirement.Join us as we delve deep into the intricacies of investment management and asset allocation, and Scott's strategic approach at the helm of one of the nation’s significant investment offices.Scott discusses the unique challenges and opportunities in managing a diverse portfolio that includes public and private markets, detailing his philosophy on long-term investments and how they adapt to market changes.This episode offers invaluable insights into effective asset allocation, the impact of technological advancements in investment strategies, and Scott's proactive approach to team building and leadership.Episode Highlights:Comprehensive Investment Strategy: Scott shares his transition from technology to investment, highlighting his role in managing $21 billion in assets, including pension funds and a sovereign wealth fund. His approach combines rigorous analytics with a strategic vision, focusing on internal direct investments to enhance control and reduce dependency on external managers.Innovative Internal Programs: The discussion unveils the launch of internal direct investment programs aimed at improving investment returns and operational efficiencies. Scott emphasizes the shift towards internal management of funds, which supports more strategic asset allocation and risk management..Adaptability in Asset Allocation: Scott explains how North Dakota’s investment strategies are adapted to market conditions to optimize the portfolio performance over the long term. He shares insights into how diverse allocations help mitigate risks and capitalize on opportunities across different market cycles.Technological Integration: The episode covers the integration of advanced technologies, including machine learning and AI, to streamline operations and improve decision-making processes within the investment office.Future Goals and Strategies: Looking forward, Scott discusses ambitious plans to expand the state’s investment capabilities, including enhancing the state's cash management strategies and further developing internal management capacities.Whether you're a professional in the investment community or interested in the nuances of public sector investment management, this episode provides essential knowledge and strategies to enhance your understanding of institutional investment frameworks.

In the latest episode of the Dakota Live! Podcast, Robert Morier welcomes John Brecker and Jackie Rantanen from Hamilton Lane. Discover how Hamilton Lane, one of the largest private market investment firms globally, leverages its extensive experience to offer innovative solutions to institutional and private wealth investors worldwide.Hamilton Lane provides innovative solutions to institutional and private wealth investors around the world. Dedicated exclusively to private markets investing for more than 30 years, the firm currently employs nearly 700 professionals operating in offices throughout North America, Europe, Asia Pacific, and the Middle East.Hamilton Lane has over $903 billion in assets under management and supervision, composed of $120 billion in discretionary assets and nearly $783 billion in non-discretionary assets, as of December 31, 2023.John Brecker, Managing Director on the Client Solutions team, shares his journey from financial advising to shaping investment strategies across Hamilton Lane’s client business. Jackie Rantanen, Head of Investor Solutions, and a pivotal member of several executive committees, discusses the evolution of Hamilton Lane's evergreen strategies and the firm's approach to expanding access to private markets for a broader investor base.This episode not only highlights Hamilton Lane's significant role private markets but also provides a deeper understanding of their client-centric approach, the importance of educational outreach, and the firm’s commitment to technology and innovation. Whether you're an industry professional or a curious investor, this discussion will enhance your understanding of private market dynamics and the strategic foresight that drives Hamilton Lane's success.From private equity and credit to real assets and infrastructure, Hamilton Lane's approach is holistic and comprehensive. Tune in to uncover the intricacies of private market investments and what helps Hamilton Lane stand out in this competitive landscape.

In the latest episode of the Dakota Live! Podcast, Robert Morier welcomes Matt Piro, Global Head of Oversight and Manager Search at Vanguard. With a staggering $9 trillion in global assets under management, Vanguard stands at the pinnacle of the investment world, and Matt gives us an exclusive look behind the scenes of managing the firm’s approximately $700 billion in subadvisory assets.Matt shares his extensive journey of over two decades at Vanguard from a phone representative on the direct client desk to leading Vanguard’s subadvisory investments, overseeing 24 subadvisors, and nearly 80 mandates across more than 50 funds globally. His transition through roles in ESG product strategy, Vanguard’s European leadership, and manager research provides a unique lens into the complexities and nuances of global investment management and the inner workings of Vanguard.This episode offers a treasure trove of insights on:The evolution of active and passive investments: Where is the industry heading over the next five to ten years?The meticulous process of manager research and selection at Vanguard, and how it shapes the investment landscape.The significance of transparency and relationship management in sustaining long-term partnerships with investment managers.Vanguard's venture into private equity and alternatives, aiming to democratize access to these traditionally exclusive asset classes.The pivotal role of mentorship in Matt's career and the profound impact of personal tenacity and work ethic learned from his mother's entrepreneurial spirit.Whether you're a seasoned professional in the finance industry or an individual investor looking to understand the gears that drive the investment world, this episode provides invaluable perspectives from one of the leading manager research professionals in the industry at the world's largest mutual fund provider.

In this insightful episode of the Dakota Live! Podcast, host Robert Morier sits down with Robert Lovas and Emily Sumner of Gilder Partners for Growth, delving deep into the intricate world of family office investments. Robert Lovas, the firm's President and Chief Operating Officer, and Emily Sumner, the Chief Investment Officer, share their wealth of experience in managing multi-generational wealth, emphasizing growth, sustainability, and the importance of due diligence in today's market.Gilder Partners for Growth, LLC is a Registered Investment Adviser that offers a family office approach to investment. The firm is based in Raleigh, NC. Emphasizing multi-generational capital growth rather than capital preservation, Gilder Partners for Growth invests across a variety of liquid and illiquid asset classes, expressing high-conviction themes over various holding periods, and utilizing third-party investment managers as appropriate.The firm’s roots were planted by Ginny Gilder, the firm’s founder, and her father through the Gilder family investment office, the Gilder Office for Growth. Ginny Gilder is a managing member of Force 10 Enterprises which owns the Seattle Storm. She is also an acclaimed author, rower, and philanthropist, having been named to represent the United States in two Olympics, and earning a silver medal at the Los Angeles Olympics. She wrote about her experiences in and out of the boat in her memoir, Course Correction.This episode covers a wide range of topics, from the challenges and opportunities in asset allocation and diversification for family offices, the impact of sustainability on investment strategies, to the future of family office investments amidst geopolitical and social uncertainties. Robert and Emily also provide invaluable advice for families considering the services of a family office, highlighting the need for clarity, governance, and a personalized approach to investment.Listeners will gain insights into the unique investment philosophies at Gilder Partners for Growth, the importance of collaboration and trust in the family office community, and the personal journeys of Robert and Emily that led them to their roles in wealth management. Whether you're a seasoned investor or new to the world of family offices, this episode offers a comprehensive look into the strategies, challenges, and rewards of managing family wealth for growth and sustainability.Tune in to this episode of Dakota Live! Podcast to explore the sophisticated landscape of family office investments with two of the industry's most knowledgeable and insightful professionals.

In the latest episode of Dakota Live! Podcast, Robert Morier welcomes Brian Dana, Director of Outsourced Chief Investment Officer (OCIO) Solutions at Meketa Investment Group. This episode delves into why a range of institutions are increasingly depending on OCIOs to navigate today's complex investment landscape.Brian outlines how Meketa employs its expertise in governance, market intricacies, and the pursuit of alpha through alternative investments and private markets to provide fiduciary solutions, emphasizing manager research and asset allocation analysis.Founded in 1978, Meketa is an employee-owned, full-service investment consulting and fiduciary management (OCIO) firm. As an independent fiduciary, it serves institutional investors in non-discretionary and discretionary capacities. As of September 30, 2023, Meketa advises on approximately $1.8 trillion in client assets.Discover the tailored investment solutions Meketa crafts to address the unique needs of various allocator segments, showcasing a move towards customized mandates that resonate with individual institutional goals.Learn how Meketa navigates modern investment complexities, their stance on sustainability, and the crucial role of technology in boosting portfolio performance. Brian also unveils the upcoming challenges and opportunities for OCIO firms and shares personal stories underscoring the significance of relationships and mentorship within the industry.Join us to uncover the future of investment management and obtain invaluable insights from a leading figure in investment consulting and advisory services. This episode is a treasure trove of knowledge, anecdotes, and foresights into OCIO services, perfect for investment professionals, finance students, or anyone intrigued by investment strategy evolution.

In this episode of the Dakota Live! Podcast, host Robert Morier sits down with Tom Brakke, Founder of the Investment Ecosystem, to explore the dynamic landscape of investment manager research and asset allocation. Tom's remarkable journey from portfolio manager and director of research to providing pivotal advice and education in the asset management industry offers invaluable insights into organizational design, investment process, and the art of due diligence.As a forty-year veteran in asset management, Tom shares his experiences and lessons learned over a distinguished career, highlighting the importance of adapting to change and the role of effective communication in investment management. The conversation delves into the complexities of manager research, the challenges of narrative and performance evaluation, and the critical nature of organizational design in aligning investment philosophy with operational reality.The episode also covers the impact of technological advancements and macro-environmental considerations on investment strategies and decision-making. Tom emphasizes the need for investment firms to stay agile and forward-thinking, shedding light on the significance of understanding market dynamics and the potential pitfalls of traditional investment approaches.Listeners will gain a deeper appreciation for the nuanced aspects of asset management and the critical thinking required to navigate the investment landscape successfully. Tom's perspective encourages a reflective approach to investment decisions, stressing the importance of continuous learning and open dialogue within the investment community.As the Dakota Live! Podcast continues to bridge the gap between industry thought leaders and asset allocators, this episode with Tom Brakke stands out as a must-listen for professionals seeking to enhance their understanding of the investment ecosystem and its challenges.

In this engaging episode of the Dakota Live Podcast, Robert Morier welcomes Harison Sidhu, Head of Manager Selection and Due Diligence at Fiduciary Trust Company. Join us as we delve into Harison's experience in the finance industry, covering his strategic approach to investment manager selection, the intricacies of due diligence, and his perspective on asset allocation.Fiduciary Trust Company was founded as a family office in 1885 and incorporated as a trust bank in 1928. Throughout their history, Fiduciary Trust has maintained a proud tradition of providing clients with objective and comprehensive investment management, trust, estate settlement, and other services. With over $23 billion in assets under supervision, Fiduciary Trust focuses on Investment portfolios tailored to client needs.Harison emphasizes the need for a clear understanding of how managers aim to achieve outperformance, their competitive advantage, and in which market environments their strategies are likely to succeed. He highlights the significance of in-person meetings with key decision-makers to fully grasp a strategy. Furthermore, Harison delves into the extensive research undertaken to complement these discussions, including analysis of past returns and current holdings to gauge how a strategy generated historical returns and what factors will drive future returns. This rigorous approach ensures alignment with narratives presented by managers and confirms a solid understanding of the underlying strategy.Harison also shares personal insights, from the influence of his family and mentors on his career path to his thoughts on the impact of technology and AI in investment management. His unique blend of personal anecdotes and professional expertise offers listeners valuable lessons on navigating the complexities of the investment management landscape. This episode not only illuminates the technical prowess required in finance but also the human elements that drive the industry forward. The conversation also touches on the significance of sustainability in investment decisions, reflecting on how these factors are integrated into Fiduciary Trust's operations.Harison's role at Fiduciary Trust highlights the company's dedication to meticulous investment manager selection and due diligence, ensuring that client investments are managed with the utmost care and professionalism. This episode is a must-watch for anyone interested in the nuances of investment management and the principles that guide industry leaders in making informed, strategic decisions.

In this enlightening episode of Dakota Live!, host Robert Morier sits down with Catherine Ulozas, the seasoned Chief Investment Officer of Drexel University's Endowment. With over 30 years of experience in managing investments across various sectors including insurance companies, banks, and a state pension fund, Catherine shares her unique journey and the strategic decisions that have cemented her success in the investment world.Join us as Catherine delves into her 14th year at the helm of Drexel University's Endowment, discussing the transformative policies and operational improvements she has implemented. These strategic shifts have not only repositioned assets into a more resilient structure but have also led the endowment to rank in the top 10 percent of the Wilshire Consulting Foundations and Endowment Universe for five consecutive years.Along the way, Catherine touches on her involvement in significant projects such as the acquisition of St. Christopher's Children Hospital and the development of Schuylkill Yards—an initiative turning 10.4 acres of endowment real estate into a leading innovation hub. Her insights into these projects provide a fascinating look into the intersection of investment strategy and real-world impact.Furthermore, Catherine discusses her philosophy on investment biases and the importance of self-reflection in decision-making. She emphasizes the value of learning from experience and the necessity of questioning one's own conclusions to avoid potential pitfalls in investing.Whether you're an asset manager, an asset owner, an educator, a student, or simply someone fascinated by the intricacies of investment strategies and their implications, this episode offers a deep dive into the mind of one of the industry's most thoughtful and successful leaders. Tune in to gain a wealth of knowledge on navigating the complex investment landscape, managing an endowment, and making strategic decisions that drive success and innovation.Don't miss this captivating conversation that bridges the gap between theory and practice, providing listeners with actionable insights and a comprehensive understanding of the challenges and opportunities in the world of institutional investments.

As Chief Investment Officer, Timothy Chubb oversees Girard’s investment process and creates strategies that are designed to meet the unique financial needs of every client. Tim passionately shares his knowledge of financial markets and the economy in the latest episode of the Dakota Live! Podcast.In this special edition release, Tim takes the Dakota Live! team through Girard’s approach to manager research and selection and what a potential client partnership looks like with their firm. Join us as we come to better understand Girard and their allocation to various asset classes and investment strategies.Legacy and leadership capture the essence of Girard’s rich history, inspired by the legacy of Stephen Girard, founder of Girard Bank and the firm’s evolution into a comprehensive wealth advisory practice under Univest Financial Corporation. The conversation highlights the journey from its roots in the early 19th century to its current position as a leader in providing innovative financial solutions. With a continuity of core values and dedication to serving clients' needs through changing times, Tim shares both the historical depth and forward-thinking approach of Girard.Girard is a comprehensive wealth advisory practice backed by the strength and stability of Univest Financial Corporation. Girard is made up of multiple affiliated entities including two investment advisor firms, a broker/dealer and the Trust Department of Univest Bank and Trust Co. With $4.5 billion in assets under management and $7.8 billion in total assets, Girard and Univest Trust Company advise clients that include private wealth, investment management, and consulting relationships for municipal pension, retirement, non-profit, and foundation assets.

In our latest episode of the Dakota Live Podcast, host Robert Morier engages in an insightful conversation with Todd Glickson, a renowned consultant and Head of the North American Investment Management Practice for Coalition Greenwich, a division of CRISIL. The discussion offers an in-depth exploration of the ever-evolving investment management landscape, highlighting the critical importance of agility for asset managers in today's fast-paced market environment.Todd shares invaluable insights drawn from his latest research paper, "The Agility Advantage," providing asset managers and allocators with actionable strategies to enhance their agility and, consequently, their competitive edge. The conversation covers a broad spectrum of pertinent topics, including asset management and portfolio construction trends, top traits associated with asset manager agility, and how allocators can identify client-centric business models in their asset management partners.Moreover, the episode delves into the significance of innovative technologies such as artificial intelligence in reshaping investment strategies and client engagement. Todd and Robert discuss the challenges of client onboarding, the nuances of client service excellence, and the implications of industry consolidation on both large firms and boutiques.This episode is a must-listen for investment professionals seeking to navigate the complexities of the investment sales ecosystem with greater agility and foresight. Join us to gain a deeper understanding of the strategies that define success in the investment industry today. Don't miss out on these critical insights that could redefine your approach to investment management, client service, and manager research and selection.

In our latest episode of the Dakota Live! Podcast, join us as we delve into the intricate world of pension fund investment with Andy Greene, Chief Investment Officer at the Toronto Transit Commission Pension Plan (TTCPP). With an impressive career spanning over 25 years in pension and investment management, Andy brings a wealth of experience and insights into managing the $8.2 billion defined benefit fund dedicated to the financial retirement security of Toronto's public transport network employees.Andy's journey from Chicago to Toronto, through various pivotal roles in the investment industry, including his tenure at OPTrust and significant contributions to the University of Wisconsin Foundation, paints a vivid picture of his profound impact on the pension fund industry. Under his leadership, TTCPP has seen substantial growth and innovation, particularly in embracing technology, private investments, and hedge fund strategies into its investment process.This episode not only explores Andy's strategic approach to balancing stability with returns in a challenging economic landscape but also highlights his successful efforts in building a dedicated investment team from the ground up. With insightful discussions on the importance of sustainability, the role of technology in enhancing investment decision-making, and the challenges and opportunities facing pension funds today, this conversation is a must-listen for anyone interested in the future of pension fund investment.For more insights into Andy Greene's leadership and the strategic initiatives propelling the TTC Pension Plan forward, be sure to tune into this insightful conversation.

In this insightful episode of the Dakota Live! Podcast, host Robert Morier is joined by Catharine Burkett, the former Co-Director of Private Investments at LCG Associates. Catharine shares her extensive experience in the investment industry, focusing on LCG’s strategic approach to private investments. Founded in 1973, LCG is an employee owned, full service national consulting firm headquartered in Atlanta, Georgia.With a career spanning various aspects of private markets, including venture capital, private equity, and private market fund-of-funds management, Catharine offers valuable insights into the challenges and opportunities facing investors and fund managers today within private market investing.This episode delves into Catharine's journey through the investment landscape, LCG’s strategies for assessing and engaging with private market investment opportunities, and her thoughts on current market trends. Whether you're an investment professional seeking to understand the nuances of due diligence and private market manager research or someone interested in the behind-the-scenes decision-making processes within investment consulting, this episode offers a wealth of knowledge and expertise.Tune in to gain a deeper understanding of the dynamics of private market manager research and asset allocation and the critical importance of due diligence in achieving investment success from one of the leading investment consultants in the industry.Disclosure:The views expressed in this podcast may not necessarily reflect the views of LCG Associates, Inc. and do not constitute research or recommendation advice or an offer or a solicitation to buy or sell any security or financial instrument. This material is for informational purposes.  The opinions expressed are as of date of publication and are subject to change. The information and opinions contained in this material are not guaranteed as to accuracy or completeness. This material may contain ’forward looking’ information that is not purely historical in nature. There is no guarantee that any forecasts made will come to pass. Reliance upon information in this material is at the sole discretion of the listener. Past performance is not indicative of current or future results. This information provided is neither tax nor legal advice and investors should consult with their own advisors before making investment decisions.

Mili Rosen, CFA, a Senior Investment Analyst at Brinker Capital Investments joins us for the latest episode of Dakota Live! In this insightful episode, join us as we delve into a comprehensive discussion with Mili about her career journey, her role at Brinker Capital Investments, and the nuances of investment management and manager research.Mili shares her insights on various topics, including the challenges of manager research in both public and private markets, the importance of technology in investment analysis, and the approach to early-stage, emerging managers.Throughout the conversation, Mili emphasizes the importance of understanding the qualitative aspects of investment management, such as the team dynamics and culture of investment firms, alongside quantitative analysis. She also discusses the role of technology in enhancing investment research and touches on topics like liquid alternatives and digital assets in the context of modern investment strategies.The episode is informative for those interested in the world of investment management, providing a glimpse into the day-to-day responsibilities and considerations of a Senior Investment Analyst and the broader trends in the industry. Mili’s journey, from her education at Penn State University to her current role, also serves as an inspiring narrative for aspiring investment professionals.Along the way, learn what led Mili to be named one of Citywire’s 2023 Rising Stars in manager research.Disclaimer:Orion Portfolio Solutions, LLC d/b/a Brinker Capital Investments a registered investment advisor. This material has been prepared for informational purposes only, and is not intended as specific advice or recommendations for any individual. Investing involves risks including possible loss of principal.

In this special rerelease of one of our most insightful episodes, we revisit our enlightening conversation with Jennifer DeSisto, the Chief Investment Officer of Anchor Capital Advisors. With $7.4 billion in assets under management as of September 30, 2023, Jennifer brings a wealth of knowledge and experience in asset allocation, manager selection, and portfolio management.In this episode, Jennifer takes us through her professional journey, detailing the evolution of her career in manager research and asset allocation, and the lessons learned along the way. She offers a behind-the-scenes look at managing a diverse portfolio and balancing in-house strategies with external manager selection, highlighting the strategic approach of Anchor Capital in managing approximately $4.9 billion with external managers across all asset classes.Jennifer also delves into the crucial aspects of business management and product development within Anchor Capital, discussing how the firm adapts to market demands and technological advancements.For aspiring finance professionals and industry enthusiasts, this episode is packed with invaluable advice and perspectives from one of the industry’s leading investment minds. Whether you’re hearing it for the first time or revisiting it, this episode with Jennifer DeSisto is an essential listen for anyone interested in the dynamics of investment management and the evolving RIA landscape.

In the latest episode of Dakota Live!, we are excited to feature Chris Tessin, Founder and Managing Partner of Acuitas Investments. Chris serves as Chief Investment Officer and Lead Portfolio Manager of the Small and Microcap portfolios. Chris and his team are recognized as industry leaders in investment manager research and multi-manager portfolio management, focusing on those markets they believe are inherently less efficient.Our conversation covers the inherent inefficiencies that exist within certain global equity markets, and how Acuitas harnesses the expertise of its investment managers to exploit these inefficiencies to the fullest. With a wealth of experience behind them, Acuitas has honed the art of identifying premiere investment managers who can navigate these complex waters.One of the key features discussed in the interview is the importance of early life-cycle, high conviction investment managers. Chris sheds light on how these managers provide distinct advantages in a constantly evolving investment landscape. Along the way, Chris touches upon the significance of transparent pricing, proper resourcing, and aligned interests to mitigate issues around early-stage investments in the emerging manager space. Tune in to gain invaluable insights into Acuitas' innovative approach to investment management and their dedication to client success.This episode is a must-watch for anyone interested in the entrepreneurial mindset, asset allocation, global micro, and small cap equity management, or simply looking to broaden their institutional financial knowledge from a veteran allocator. Tune in to gain valuable insights into the mindset of an investment leader and founder who understands the significance of selecting investment managers in the most inefficient areas of global markets.Disclaimer:This material contains the current opinions of Acuitas and is presented solely for informational purposes. Nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation or solicitation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment or strategy is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable.Information is obtained from sources deemed reliable, but there is no representation or warranty as to its accuracy, completeness or reliability. All information is current as of the date of this material and is subject to change without notice.Past performance is not a guarantee of future returns. Investing in securities involves risk of loss that investors should be prepared to bear. 

In this insightful episode of the Dakota Live! podcast, host Robert Morier engages in a thought-provoking conversation with Alex Gurvich, Director of Investment Research and Head of Asset Allocation for PFM Asset Management. The episode delves into the intricate world of investment decision-making, with a focus on understanding the complexities behind manager research and asset allocation. Alex shares his rich experience spanning over 25 years in various sectors of finance, including his transition from a physics background to a career in finance. His journey illuminates the multifaceted nature of the investment industry and the intellectual rigor required to navigate its challenges.PFM Asset Management is a leading Outsourced Chief Investment Officer (OCIO), working with organizations of all sizes across the nation and have $166.3 billion in assets under management as of September 30, 2023. The firm’s focus is solely on institutional clients, including cities, counties, school districts, pension funds, utilities, insurance pools, higher education, and healthcare institutions.One of the most engaging aspects of the episode is Alex's detailed explanation of the process and philosophy behind selecting investment managers. He emphasizes the importance of understanding a manager's approach to investments, their decision-making processes, and their ability to navigate various market conditions. The conversation particularly highlights the blend of art and science in manager research, underscoring the importance of qualitative assessments alongside quantitative analyses. This inside look into manager selection offers listeners valuable insights into the subtleties of portfolio management and investment strategy.Alex also discusses the evolution of his own role and the importance of adapting to the changing dynamics of the finance industry. He stresses the need for continuous learning and flexibility, sharing personal anecdotes that reveal the challenges and opportunities encountered in his career. This theme of adaptability resonates throughout the podcast, providing a compelling narrative for listeners interested in the ever-evolving landscape of finance and investment.The episode concludes with a reflection on the importance of education in Alex's career. He shares his experiences as a teacher and student, emphasizing the value of fostering a learning environment and the impact of nurturing future professionals in the field. This focus on education not only highlights Alex's commitment to the growth of the industry but also serves as an inspiration for listeners at all stages of their professional journeys. The podcast is a must-listen for anyone interested in the intricacies of investment management and the personal growth that accompanies a career in finance.Disclaimer:PFM Asset Management LLC ("PFMAM") is an investment adviser registered with the U.S. Securities and Exchange Commission and a subsidiary of U.S. Bancorp Asset Management, Inc. ("USBAM").  USBAM is a subsidiary of U.S. Bank National Association ("U.S. Bank").  U.S. Bank is a separate entity and subsidiary of U.S. Bancorp.  U.S. Bank is not responsible for and does not guarantee the products, services or performance of PFMAM.

Empowering Investment Insights with Fiera CapitalIn this insightful episode of the Dakota Live! podcast, host Robert Morier welcomes Majlinda Kamberi, Senior Investment Officer with Fiera Capital. Majlinda, an industry veteran in private market solutions, shares her extensive knowledge and experience in private market investing. We discuss Majlinda's role at Fiera Capital, where she oversees the private market solutions team. She delves into the intricacies of portfolio construction, investment due diligence, and the unique challenges of managing investments in private credit, real estate, agriculture, timberland, infrastructure, and private equity.Majlinda's approach is analytical and comprehensive, focusing on bottom-up analysis and risk assessment. Her experience shines as she explains how Fiera Capital navigates the complex landscape of private market strategies, illustrating the firm's commitment to delivering optimized and diversified portfolio solutions.Fiera Capital is a Canadian asset management firm that provides investment management services. The company was founded in September 2003 and is headquartered in Montreal, Quebec. Fiera Capital offers customized solutions to clients in North America, Europe, and Asia. As of September 30, 2023, Fiera Capital has over $114.9 billion in assets under management. The company invests in multiple asset classes, including public and private markets.Along the way, Majlinda articulates Fiera Capital's approach to sustainability into their investment analysis. This discussion provides valuable insights into how sustainable investment considerations are increasingly influencing asset valuation and investment decisions. The discussion highlights Fiera Capital's efforts in promoting sustainable practices in their investment strategies, aligning with global efforts to foster a more responsible and ethical financial industry.Key Highlights of the Episode Include:Understanding Private Market Investments: Majlinda delves into the complexities of managing diverse portfolios, including private credit, real estate, and sustainable investments.Sustainable Investing Decoded: Discover how Fiera Capital integrates sustainability factors into their investment strategies, pushing the boundaries of traditional asset management.Navigating Challenges in Investment Management: Learn from Majlinda's extensive experience in due diligence, risk assessment, and portfolio optimization.A Personal Journey: Get inspired by Majlinda's unique story. At a relatively young age, Majlinda faced challenges that many of us could scarcely imagine. Arriving to the United States as a refugee of war, she describes the opportunity of "being granted a second chance at life." This pivotal moment was not just a shift in geography but a transformation of fate.Throughout our conversation, Majlinda shares invaluable insights on resilience in the face of adversity, the importance of embracing opportunities, and the transformative power of a positive mindset.Grab your passports (and notebooks) for this insightful conversation.Disclaimer:Information provided in this discussion should not be considered an offer or solicitation with respect to any of Fiera Capital’s offerings.  Fiera Capital Corporation does not provide investment advice to U.S. clients or offer investment advisory services in the US.  In the US, asset management services are provided by Fiera Capital’s affiliates who are investment advisers that are registered with the U.S. Securities and Exchange Commission or exempt from registration. Registration with the SEC does not imply a certain level of skill or training.  In other jurisdictions, investment management services are provided by Fiera Capital’s affiliates who are appropriately registered or exempt therefrom in the relevant jurisdiction.

As we embrace the holiday season and step into a time of resolutions, family gatherings, and a renewed focus on health and wellness, we are excited to share our latest episode of the Dakota Live! Podcast that aligns perfectly with this spirit of reflection and growth. We had the privilege of sitting down with Sonia Hunt, a remarkable Chief Marketing Officer, health and wellness global speaker, and bestselling author. Sonia's journey is a testament to overcoming adversity and finding balance in the chaos of life, which is particularly relevant as we wind down the year and set our sights on a healthier, more fulfilled future.Throughout the episode you’ll receive insights into the relationship between personal well-being and professional performance, as well as the concept of "Reverse Networking" and its impact on investment relationships and business development. Reverse Networking is about offering value without immediate expectation of return. It's about building genuine connections and understanding the power of giving before receiving.Along the way, you will learn strategies for maintaining health and wellness, especially those frequently on the road. You’ll also come to learn Sonia's views on creating a positive organizational culture and the role of leaders in fostering employee well-being. Finaly, Sonia shares the significance of advocacy for oneself.Over her 20-year career as a Chief Marketing Officer, Sonia has transformed the stories and products of global wellness brands such as Apple, TiVo, Califia Farms, LVMH Moët Hennessy Louis Vuitton, and Sephora, with whom she won the 2015 WWD Digital Innovator of the Year award. If you're interested in marketing strategy, this episode offers unique insights into how personal resilience and well-being can be powerfully integrated into innovative marketing practices regardless of your industry, elevating both brand impact and customer engagement.Shared with you in the heart of the holiday season—a time ripe for reflection and resolution—Sonia shares her remarkable journey which we can all learn from. It's a story that intertwines the challenges of health issues with a narrative of professional triumph and personal growth, offering lessons that are particularly poignant as we embrace a new year filled with hope, health, and wellness ambitions.

Join us as we sit down with Julian Samways, the CEO and Founder of JPES Partners. With a focus on investment management consultancy, JPES Partners offers expert advice to a diverse range of clients, from emerging boutiques to well-established global asset managers and intermediaries.In this episode, we delve into the nuances of introducing and distributing investment strategies and services within the European market. This discussion is particularly valuable for asset management firms and advisors contemplating European market entry. It's also insightful for global asset allocators seeking a deeper understanding of the investment approaches and strategies adopted by European counterparts.Julian Samways brings to light key insights from JPES Partners' 2024 Asset Management Agenda research. This includes a deep dive into what allocators are prioritizing, their asset allocation strategies, and areas where asset managers need improvement.With JPES's mission to offer specialized communication support to the investment industry, Julian assists asset managers in honing their unique selling propositions. Julian emphasizes creating impactful messaging that not only enhances marketing materials but also establishes firms as thought leaders in the investment sector.Don’t miss this episode, especially if you're aiming to refine your communication strategies. Julian's more than three decades of experience in asset management offers invaluable perspectives for effectively showcasing your investment strategy's merits, cultural adaptability, and value delivery. This is a crucial listen for investors and industry professionals gearing up for the coming year.

James Bell, Consultant and Director of Hedge Fund Research with Crewcial Partners joins the Dakota Live! Podcast to take us through his twenty years of experience in hedge fund investing, and how he and his colleagues at Crewcial Partners underwrite their hedge fund portfolio for their clients.  Founded in 1980, Crewcial Partners is an independent investment advisory and OCIO firm focused on providing customized investment advice to non-profit institutions. Crewcial is a boutique firm by design and the benefits are realized throughout their manager research process. Learn how James and the Crewcial manager research team maintain a deep familiarity with existing managers while taking the time to become well-versed with new ones.Like its namesake, James breaks down Crewcial’s investment and manager research process like a rowing stroke. Beginning with the catch, where James and his team start their process by working with their clients and identifying areas of opportunity in the hedge fund space. To the drive, where the power of the manager due diligence process is demonstrated through teamwork in understanding a manager’s investment thesis and value. Next on to the finish, where James and his team decide on an allocation based on a rigorous research process. Finally, the recovery where the team can monitor their portfolio and continue to understand a manager’s edge as it relates to their client needs.Join us in understanding why Crewcial believes manager selection is the primary value-add source for their clients’ portfolios. James discusses how the impact is cyclical, and positive over the long term through a disciplined manager research process. If the majority of outperformance relative to peers comes from manager selection, you won’t want to miss how these veterans of manager research approach the hedge fund universe.