Will Dry Powder chase deals or will it remain on the sidelines? Both scenarios create problems The private equity industry has a problem. A big one. Dry powder, or uninvested cash, at private equity firms, totaled $1.45 trillion at the end of 2019. That figure...
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For RIA Firms, the transfer of wealth from baby boomers to their children over the next two decades is a bit like climate change: The consequences may eventually be huge, but it’s easy to ignore the issue in the short-term. The youngest boomers are now...
Over the next quarter century, some $70 trillion in assets is expected to pass from one generation to the next—the largest wealth transfer in U.S. history. It’s an event spurring a new wave of innovation at independent RIA firms. Today’s RIA firms offer robust...
Real estate fundraising was hit hard during Q3 2020 as the full effects of the COVID-19 pandemic began to materialize. This marks a significant shift in a short period of time: Q2 data was relatively positive – in terms of aggregate capital raised, if...
Along the way, however, I’ve found seven concrete actions that build trust in a business environment. These actions build trust through communication, commitment and competence. 1. Demonstrate that you trust others. One way to do this is to be generous and forgiving when someone else...
Capital-Raising figures sink as the impact of COVID-19 takes its toll on key real estate assets. Real estate capital raising was hit hard during Q3 2020 as the full effects of the COVID-19 pandemic began to materialize. This marks a significant shift in a...