Chronicles of an Allocator

Authored by Aaron Filbeck, CAIA, CFA, CFP®, CIPM, FDP

In this month’s issue of Chronicles of an Allocator, we take on the debate over including private assets in 401(k) plans. Chronicles contributor, Aaron Filbeck, CAIA, CFA, CFP®, CIPM, FDP, Managing Director, Head of UniFi by CAIA™ points out that the discussion is an ongoing one, and the conversation has only intensified since the Pantheon and Partners Group’s Letter to the Department of Labor in June 2020 argued for private equity’s inclusion in fund lineups.

Aaron delves into both sides of the case for integrating asset classes like private equity, real estate, and infrastructure into defined contribution schemes, and wraps it up with a possible path forward. Get a ringside seat to the debate!

Authored by Steven Novakovic, CFA, CAIA

In this month’s issue of Chronicles of an Allocator, we're taking a fresh perspective on ethics. While they might not be the most exciting water cooler topic, it's undoubtedly a cornerstone of what sets exceptional professionals apart in our industry.

Chronicles contributor, Steven Novakovic, CFA, CAIA, Managing Director, CAIA Curriculum explores why ethics matter now more than ever.

Authored by Christie Hamilton

We’ve all known that wherever there's an object of value, a secondary market emerges to provide solutions to asset holders. However, the more intriguing story may be how the underlying investment strategies within secondaries have evolved significantly in recent years.

Explore this fascinating evolution in our latest Chronicles edition, where Christie Hamilton, Director of Content and Research at CAIA Association, dissects the transformation of investment strategies and characteristics within the secondary market—the intricacies of historic fundraisings, innovative diversification strategies, and the emergence of GP-led solutions reshaping private asset markets. 

IN THIS ISSUE: 

• Myths and Reality in GP-Led Secondaries
• Jefferies Global Secondary Market Review 2024
• The Evolution of the Private Equity Secondaries Market (CAIS Group)

Authored by Christie Hamilton

With the recent publication of our seminal report, Innovation Unleashed: The Rise of Total Portfolio Approach, Christie Hamilton, Director of Content and Research at CAIA Association, explores the topic further in this issue of Chronicles to see how beyond the numbers lies a deeper truth: TPA represents a paradigm shift in how we think about and approach portfolio construction.

IN THIS ISSUE: 

• Capital Decanted: Episode 9 - Total Portfolio Approach: An Unexpected Journey with Ben Samild and Jayne Bok
• Thinking Ahead Institute's TPA content hub
• Gain a “behind the pages” perspective of our seminal report

Authored by Steven Novakovic, CFA, CAIA

In this month’s issue of Chronicles of an Allocator, contributor Steven Novakovic, CFA, CAIA, Managing Director, CAIA Curriculum brings us into the world of VC cycles where tough times might not be all bad news. Discover the silver lining as valuations return to Earth, and non-traditional players exit the stage. Are you ready to be contrarian and capitalize on opportunities amid challenges?

IN THIS ISSUE: 

• JP Morgan Growth Equity Outlook
• Pitchbook European VC Predictions
• Asia VC Outlook

Authored by Aaron Filbeck, CAIA, CFA, CFP®, CIPM, FDP

In this month’s issue of Chronicles of an Allocator, contributor Aaron Filbeck, CAIA, CFA, CFP®, CIPM, FDP, Managing Director, and Head of UniFi by CAIA™ offers a cinematic perspective on the democratization of alternatives, drawing parallels with the Star Wars Sequel Trilogy to explore the challenges and innovations in the alternatives space.

IN THIS ISSUE:

• The Tide Has Turned from BCG
• BlackRock’s long-term capital markets assumptions
• Capital Decanted: Democratization of Alts

Authored by Laura Merlini, CAIA, CIFD, Managing Director, CAIA EMEA

Embark on a captivating journey with Sindbad the Sailor and Alternative Investments: A Story of Two Seas in this month’s Chronicles of an Allocator. Laura Merlini, CAIA, CIFD, Managing Director, EMEA for CAIA Association draws parallels between the mythical adventures of Ulysses and Sindbad and the dynamic landscape of the Middle East's alternative investment industry.

IN THIS ISSUE:

• How global climate imperatives are re-shaping energy sectors across the globe
• Advancing Gender Equity in the Middle East Workforce by Bain & Company
• A brief outline of recent PE and VC performance

Authored by Christie Hamilton

This edition of Chronicles, we draw intriguing parallels between architecture and investing, and it's not your typical floorplan. From the transparent elegance of the Farnsworth House to the whimsy of Prada Marfa, this piece weaves a narrative connecting childhood Lego obsessions to a love for genius architects like Mies van der Rohe.

IN THIS ISSUE:

• Greenwich Roundtable Best Practices
• Artificial intelligence and machine learning in asset management
• Linking The Drivers of Total Returns to Fundamentals

Authored by John L. Bowman, CFA

This edition of Chronicles focuses on recent travels to Asia, providing a brief overview — like postcards from the edge, or perhaps paper boats, of my insights from various panels, conversations, and conferences.

IN THIS ISSUE:

• Asia's Private Markets Show Signs of Resilience
• KKR's Thoughts from the Road
• Pictet Group launches inaugural Megatrending - Opportunities Ahead study

Authored by Aaron Filbeck, CAIA, CFA, CFP®, CIPM, FDP 

We’ve all heard some variation of the phrase “a solid foundation is the key to success.” Most of the time, we’re talking about education, morals, or technical expertise. Of course, I agree with the statement when it comes to personal development, but right now I’d like to talk more literally.

IN THIS ISSUE:

• Themes and Opportunities

• Growth Prospects and Fundraising Trends in Infrastructure Investments