Capital Allocators

24 episodes scanned. 29% of ad slots promote the show's own products.

Recent Episodes

1. Dynamic Allocation and Concentrated Conviction – Zack McGuire (EP.524)

   Nov 2, 2026

   Zack McGuire, Senior Managing Director of Investments at Children's Healthcare of Atlanta, discusses how an institution's capital base shapes its investment philosophy and portfolio construction. He covers his path through Citigroup, Emory University, the University of Georgia Foundation, and the Maine Public Employees Retirement System, and how each institution type shaped his approach. The conversation also addresses the health system's thematic, generalist-team investing model, its healthcare advisory committee, and how the investment office leverages its relationships to support the broader institution.

2. Continuation Vehicles from the LP Seat – Scott Ramsower (EP.523)

   Oct 26, 2026

   Scott Ramsower, Head of Private Equity Funds at the Teacher Retirement System of Texas, discusses his path from equity research to the LP seat and the growth of the TRS private equity program. The conversation centers on continuation vehicles, including ten LP concerns such as conflicted pricing, misaligned economics, and loss of the right tail, along with ILPA best-practice guidance and how TRS evaluates CVs. The episode also covers retail capital in private equity, the need for deeper underwriting in a slower exit market, and how Ramsower assesses GP partnership dynamics.

3. AI Tools for the Investment Firm – Ben Harrison (EP.522)

   Oct 22, 2026

   Ben Harrison, President of Industries at Intapp, returns to discuss how Intapp's DealCloud and broader platform are moving from AI for research and document creation to "firm AI," where agents draw on a firm's institutional memory to execute workflows. The conversation covers how AI is changing sourcing and origination, fundraising, deal lifecycle management, and investment firm staffing. It also addresses governance and security requirements such as information barriers and confidentiality, the integration of DealCloud and Intapp, and the company's next phase of growth.

4. [REPLAY] DealCloud - Ben Harrison (Dealcloud), (S3. Sponsored Insight)

   Oct 22, 2026

   Ben Harrison, founder and co-president of DealCloud, explains how the company grew out of a private equity firm's internal tool into a vertical CRM and deal management platform for alternative asset managers, investment banks, and advisors. The conversation covers why generic horizontal CRMs failed deal professionals, the multi-relationship data model, automatic data capture, onboarding timelines, and applied AI for deal sourcing and relationship recommendations. Harrison also discusses the company's business model, competition from Excel and internal builds, and his shift from investing and investment banking to operating the business.

5. Building a Berkshire for the Middle Market – Tracy Britt Cool (EP.521)

   Oct 19, 2026

   Tracy Britt Cool, co-founder of Kanbrick, discusses her path from the family farm and an early internship with Warren Buffett to ten years at Berkshire Hathaway, where she chaired portfolio companies such as Benjamin Moore and later ran Pampered Chef as CEO. She explains why she left Berkshire to build Kanbrick, a long-term investment partnership for family-owned midsize businesses, and how its operating system, long-term structure, and community of about 4,000 executives fit together. The conversation also covers portfolio examples, including a marine accessories business that was a hard lesson and JM Test, which has grown under Kanbrick's ownership.

6. Senior Decision Makers: Erlina Yeo Terwelp, Columbia Investment Management Company (EP.520)

   Oct 12, 2026

   Erlina Yeo Terwelp, a Managing Director at Columbia Investment Management Company, oversees the endowment's private markets portfolio. She discusses her path from investment banking and private equity through family office investing to Columbia, along with manager selection, portfolio construction, and the shift from a generalist to a specialist team model under new CIO leadership. The conversation also covers her growing role in team development and mentoring.

7. Real Estate Credit Over Yield at Invesco – Charlie Rose (EP.519)

   Oct 8, 2026

   Charlie Rose, Global Head of Real Estate Credit at Invesco, oversees an $85 billion global real estate credit platform. In this episode he discusses the firm's "credit over yield" approach, property-first underwriting, and relationship-based sourcing through repeat borrowers. He also covers portfolio construction, avoiding data center and AI-linked exposure, the industrial and multifamily focus, lessons from the 2022–23 correction, and how Invesco is using AI in investment work.

8. Building the Total Portfolio at Ontario Teachers – Stephen McLennan (EP.518)

   Oct 5, 2026

   Stephen McLennan, Co-Chief Investment Officer of Ontario Teachers' Pension Plan, discusses OTPP's $300 billion total portfolio strategy and the dual-CIO structure he shares with Gillian Brown. The conversation covers asset allocation philosophy, the balance between active and passive management, the role of leverage and liquidity, and how OTPP positions its portfolio across private equity, infrastructure, commodities, and hedge funds. McLennan also addresses emerging risks including AI-driven concentration in U.S. equities, geopolitical tensions, cost of capital inflation, and portfolio resilience in a widening range of outcomes.

9. Nancy Zimmerman – People, Process, and Fixed Income Arbitrage at Bracebridge (EP.517)

   Sep 28, 2026

   Nancy Zimmerman, co-founder and Managing Partner of Bracebridge Capital, discusses her 30-year evolution from pricing securities at O'Connor & Associates to building a $13 billion fixed income arbitrage specialist. The conversation covers Bracebridge's investment process across four core markets—developed market rates, structured credit, corporates, and emerging markets—and explores how inefficiencies persist despite market evolution. Zimmerman shares lessons from multiple crises, her approach to team building and portfolio construction, and her parallel work on Brown University's investment committee and brain science research initiatives.

10. André Perold – Investing Through Exponential Change (EP.516)

    Sep 21, 2026

    André Perold, co-founder and CIO of HighVista Strategies, discusses navigating an unprecedented investment environment characterized by exponential change across AI, healthcare, deficits, and other dimensions. He outlines HighVista's strategy of identifying alpha in structurally inefficient but "beautifully clean" markets through deep specialization and partnerships with expert managers, covering biotech equities, lower middle-market buyouts, early-stage venture, and specialty private credit.