Breaking the Shell: Reinvention, Resilience, and the Future of Accounting with Allan Koltin

AI in Fund Administration: A Reality Check — A Conversation with Paddock Consultancy’s Bill Salus

In this episode of The Asset, Bill Salus, Co-Founder and Managing Director of Paddock Consultancy sits down with Scott Ramsey for a candid conversation on what AI is—and isn’t—doing inside fund administration right now. Drawing on years of experience advising fund services firms through M&A and operational transformation, Bill offers a deal-side and operator’s perspective on why AI hasn’t meaningfully shifted valuations yet, where it is quietly reshaping workflows, and why trust, data readiness, and execution remain the real constraints.   The discussion cuts through market narrative to explore practical realities: the role of clean data, the limits of automation in regulated, LP-facing environments, rising operational strain from retailization, and how technology and talent must evolve together. It’s a clear-eyed look at AI adoption in fund services—focused less on promises, and more on what actually creates value.       Disclaimer: "MUFG Investor Services” is a service brand name for select subsidiaries of Mitsubishi UFJ Financial Group, Inc. ("MUFG"). Certain products and services discussed may only be offered by select MUFG subsidiaries and may only be available in certain jurisdictions or for specific types of clients. The information provided in this publication is for general informational purposes only and does not constitute legal, compliance, or accounting advice. Listeners should consult their own advisors before making any decisions based on the content of this publication. Any opinions, findings, conclusion, or recommendations expressed in this publication are those of the author(s) and do not necessarily reflect the view of MUFG Investor Services. The content of this publication is the property of MUFG Investor Services and is protected by copyright law. Unauthorized reproduction, distribution, or use of this publication, in whole or in part, is strictly prohibited without the prior written consent of MUFG Investor Services.   ©2026 MUFG Investor Services. All rights reserved.

A Decade of Innovation: Mark Bonner on Scaling Private Markets for the Future

In this episode of The Asset, host Scott Ramsey sits down with Mark Bonner, Managing Director at Neuberger Berman, to explore how private markets have transformed over the past decade—and where they’re headed next. From launching evergreen and interval funds to expanding into high-net-worth and retail channels, Mark shares how his team has built a resilient, tech-forward platform that’s redefining operational excellence. With insights on valuation cadence, AI adoption, and the power of continuity, this conversation is a masterclass in scaling innovation without losing the human touch. Whether you're navigating fund structures or future-proofing your infrastructure, this episode delivers real-time insights for long-term advantage. Want to learn more about Neuberger Berman’s approach to innovation and risk? Visit https://www.nb.com/en/global/home [https://www.nb.com/en/global/home] for more insights into their global expertise.       Disclaimer: MUFG Investor Services” is a service brand name for select subsidiaries of Mitsubishi UFJ Financial Group, Inc. ("MUFG"). Certain products and services discussed may only be offered by select MUFG subsidiaries and may only be available in certain jurisdictions or for specific types of clients. The information provided in this publication is for general informational purposes only and does not constitute legal, compliance, or accounting advice. Listeners should consult their own advisors before making any decisions based on the content of this publication. Any opinions, findings, conclusion, or recommendations expressed in this publication are those of the author(s) and do not necessarily reflect the view of MUFG Investor Services. The content of this publication is the property of MUFG Investor Services and is protected by copyright law. Unauthorized reproduction, distribution, or use of this publication, in whole or in part, is strictly prohibited without the prior written consent of MUFG Investor Services. ©2025 MUFG Investor Services. All rights reserved.

Crossing Borders, Connecting Platforms: Vivek Bhatia on the Future of Global Pension Services

In this episode of The Asset, Scott Ramsey sits down with Vivek Bhatia, CEO of MUFG Pension & Market Services (MPMS), to unpack the strategic transformation reshaping retirement and corporate market services across Australia, New Zealand, India, Hong Kong, and beyond.   From the acquisition of Link Group to the launch of MPMS, Vivek shares real-time insights into how one of the world’s most sophisticated pension systems is evolving. The conversation spans global capital flows, operational innovation, and the retailization of private markets—offering a rare inside look at how institutional leaders are preparing for what’s next.   This episode is essential listening for fund managers, allocators, and anyone navigating the future of pensions and private capital.     Find more about Vivek Bhatia and MPMS at https://www.mpms.mufg.com/en/ [https://www.mpms.mufg.com/en/]       Disclaimer: MUFG Investor Services” is a service brand name for select subsidiaries of Mitsubishi UFJ Financial Group, Inc. ("MUFG"). Certain products and services discussed may only be offered by select MUFG subsidiaries and may only be available in certain jurisdictions or for specific types of clients. The information provided in this publication is for general informational purposes only and does not constitute legal, compliance, or accounting advice. Listeners should consult their own advisors before making any decisions based on the content of this publication. Any opinions, findings, conclusion, or recommendations expressed in this publication are those of the author(s) and do not necessarily reflect the view of MUFG Investor Services. The content of this publication is the property of MUFG Investor Services and is protected by copyright law. Unauthorized reproduction, distribution, or use of this publication, in whole or in part, is strictly prohibited without the prior written consent of MUFG Investor Services. ©2025 MUFG Investor Services. All rights reserved.

From Capital to Culture: Byron Carlock on Real Estate, Leadership, and the Future of Investment

In this episode of The Asset, host Scott Ramsey welcomes Byron Carlock, a veteran of global real estate and a partner at CEO Coaching International. Byron’s career spans four decades, from Trammell Crow to PwC, and now to coaching many CEOs across asset management, private equity, and family offices.   This conversation delivers real-time insights into the state of U.S. real estate, the rise of alternative asset classes, and the leadership imperatives reshaping the industry. Byron shares what global investors are saying behind closed doors, why emotional intelligence is now a CEO’s most valuable skill, and how culture is becoming the ultimate competitive advantage in the age of AI.   If you're leading in private markets, this episode is your blueprint for resilience, relevance, and long-term advantage.     Disclaimer: MUFG Investor Services” is a service brand name for select subsidiaries of Mitsubishi UFJ Financial Group, Inc. ("MUFG"). Certain products and services discussed may only be offered by select MUFG subsidiaries and may only be available in certain jurisdictions or for specific types of clients. The information provided in this publication is for general informational purposes only and does not constitute legal, compliance, or accounting advice. Listeners should consult their own advisors before making any decisions based on the content of this publication. Any opinions, findings, conclusion, or recommendations expressed in this publication are those of the author(s) and do not necessarily reflect the view of MUFG Investor Services. The content of this publication is the property of MUFG Investor Services and is protected by copyright law. Unauthorized reproduction, distribution, or use of this publication, in whole or in part, is strictly prohibited without the prior written consent of MUFG Investor Services. ©2025 MUFG Investor Services. All rights reserved.

Breaking the Shell: Reinvention, Resilience, and the Future of Accounting with Allan Koltin

In this episode of The Asset, we welcome Allan Koltin, Founder and CEO of Koltin Consulting Group, and one of the most influential voices in the accounting profession.   Allan’s journey spans four decades of transformation — from pioneering M&A deals to reshaping firm culture and strategy. He shares how the profession’s long-standing “protected shell” has been shattered by talent shortages, tech disruption, and shifting generational expectations.   Allan reveals why culture, not scale or technology, is the ultimate differentiator. He unpacks the ethical imperatives of AI, the seismic impact of private equity, and the mindset required to thrive in a rapidly evolving landscape. This is a masterclass in strategic foresight, delivered by someone who doesn’t just observe change — he drives it.     Disclaimer: MUFG Investor Services” is a service brand name for select subsidiaries of Mitsubishi UFJ Financial Group, Inc. ("MUFG"). Certain products and services discussed may only be offered by select MUFG subsidiaries and may only be available in certain jurisdictions or for specific types of clients. The information provided in this publication is for general informational purposes only and does not constitute legal, compliance, or accounting advice. Listeners should consult their own advisors before making any decisions based on the content of this publication. Any opinions, findings, conclusion, or recommendations expressed in this publication are those of the author(s) and do not necessarily reflect the view of MUFG Investor Services. The content of this publication is the property of MUFG Investor Services and is protected by copyright law. Unauthorized reproduction, distribution, or use of this publication, in whole or in part, is strictly prohibited without the prior written consent of MUFG Investor Services. ©2025 MUFG Investor Services. All rights reserved.