Rethinking markets in a macro-driven world

Rethinking markets in a macro-driven world

Macro is back. In the latest episode of InvestorExchange, macro strategist Mike Medeiros joins host Chris Perret to discuss inflation, policy uncertainty, and where investors may be mispricing risk across markets. 1:57: Policy rates - too tight or too loose? 3:04: How do we get inflation lower in today's market? 5:11: How resilient is the US economy? 7:05: Will AI deliver a productivity boom? 11:15: How will the mid-term elections affect the economy? 14:12: Collaboration at Wellington Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com [https://pcm.adswizz.com] for information about our collection and use of personal data for advertising.

Evergreens: A structural revolution in private equity

Evergreen funds are reshaping how investors access private markets. In this episode, Mike Trihy explains how these vehicles work, how they differ from traditional drawdown funds, why adoption has accelerated, and how disciplined liquidity management, underwriting, and portfolio construction influence outcomes in venture growth strategies. 1:30 – Mike's background in evergreens 3:15 – Defining evergreen funds 8:30 – Comparing evergreen and drawdown funds 11:15 – Managing liquidity in an evergreen context 13:40 – Evergreen's return expectations 15:55 – Potential impacts of AI 17:10 – The role of secondary investments 20:00 – Evergreen pricing 22:45 – The biggest learning curve for evergreens Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com [https://pcm.adswizz.com] for information about our collection and use of personal data for advertising.

What is climate growth investing?

In this episode of InvestorExchange, Greg Wasserman, head of private climate investing, examines how the climate opportunity set has evolved since clean tech 1.0. He discusses the shift from capital-intensive hardware toward scalable growth businesses and why he believes cross-sector expertise is critical to underwriting in this expanding market. 1:45 – Greg’s two decades in climate investing 4:15 – Defining climate investing 5:45 – Far beyond clean tech 1.0 10:15 – Climate risks versus opportunities 12:15 – Wellington’s investment platform 13:55 – Deglobalization, supply chains, and labor shifts 17:15 – AI, data centers, and automation 19:50 – The value of sector expertise 22:00 – Partnering with founders Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com [https://pcm.adswizz.com] for information about our collection and use of personal data for advertising.

Early-stage investing in an AI-driven market

In this episode of InvestorExchange, Jackson Cummings, head of Wellington Access Ventures, discusses how early-stage investing is evolving. The conversation explores how expanding sourcing networks can uncover differentiated opportunities, how discipline is maintained across long feedback loops and amid rapid innovation, and how AI-driven shifts are reshaping competition, underwriting, and much more. 1:30 – Jackson’s background in early-stage venture   4:30 – Expanding the investable universe   6:00 – Building early-stage venture networks   7:45 – Why founders choose Wellington 9:45 – Discipline through long feedback loops   11:35 – Understanding the venture J-curve   14:20 – How AI is reshaping early-stage venture   17:15 – Diving deep on AI opportunities 20:00 – Underwriting adaptability amid rapid innovation Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com [https://pcm.adswizz.com] for information about our collection and use of personal data for advertising.

Commercial real estate debt amid perpetual transitions

In this episode of our InvestorExchange private markets series, Ravi Anand, portfolio manager and head of private real estate credit, explores how the asset class is evolving and highlights why we believe there is a perpetual need for transitional lending. 2:00 – Ravi’s background in CRE debt 4:45 – Investing in a mature CRE market 6:50 – Two rapid cycles: Behavior and investment flows 9:10 – Transitional lending’s perpetual opportunity set 12:00 – The case for large loans 13:45 – Real estate debt versus equity 15:20 – Banks evolving role in CRE 17:30 – Navigating CRE’s risks 19:00 – Ravi Anand, poker player Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com [https://pcm.adswizz.com] for information about our collection and use of personal data for advertising.