2024-09-27
1 小时 7 分钟You're listening to tip.
On today's episode, I'm joined by Ted Seides.
Ted is the host of the popular podcast Capital Allocators and the author of the new book Private Equity Deals.
Over the past 20 years, private equity has grown from a cottage industry to a powerful juggernaut that touches every corner of the global economy.
Totaling over $5 trillion of investments, private equity constitutes an important investment allocation for public and corporate pension funds, university endowments, nonprofit foundations, insurance companies, families and sovereign wealth funds worldwide.
According to Hamilton Lane data via COBALT, over the 20 years ending December 31, 2022, the entire private equity industry generated a compounded time weighted return of 14.6% per annum, surpassing the 9.8% return of the S&P 500 net of all fees and expenses.
During this episode, Ted and I chat about what has led to the growth in private equity over the past few decades, why David Swensen referred to private equity as a superior form of capitalism, Ted's take on why private equity has been given a poor reputation, an overview of KKR's perfect private equity deal, Apollo's purchase of Yahoo and KP's partners purchase of Tailor Made, what types of investors should consider an allocation to private equity and so much more.
With that, I hope you enjoyed today's conversation with ted Seides.
Celebrating 10 years and more than 150 million downloads.
You are listening to the Investors podcast network.
Since 2014 we studied the financial markets and read the books that influence self made billionaires the most.
We keep you informed and prepared for the unexpected.
Now for your host, Clay Fink.
Welcome to the Investors Podcast.
I'm your host Clay Fink and today I'm happy to welcome back Ted cites to the show.
Ted, it's great to have you back on the show.
Thanks Clay.
Great to be back on.
Well Ted, you've been on the show a couple of times to discuss how elite money managers invest as well as the world of endowments and hedge funds.
But today we'll be speaking about private equity.