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Private Capital

Joe Reilly

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Conversations with investment and business thought leaders, founders, and experts geared toward the family office executive or family principal. Join host Joe Reilly as we learn from the best in the investment and business world. Great stories, analysis and insights you can use in a family office context.
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The Difference Engine helps founders and funders maximise business growth through category design. Hosted by two British northerners with decades of experience in launching, managing, and marketing disruptive tech companies. Paul Maher and Jonathan Simnett have been there, done it and thrown away the slogan t-shirts - now they'll help you become a category king. The Difference Engine - Disrupting Tech Strategy https://www.becategorical.com/
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Thanks for listening to another episode of Making Billions with Ryan Miller: The Private Equity Podcast for Fund Managers, Startup Founders, and Venture Capital Investors. This show covers topics connecting you to some of the best investment funds that won in their industry—from making money and motivation to alternative investments, fund managers, entrepreneurs, investors, innovators, capital raisers, money mavericks, and industry titans. If you want to start a business, understand investme ...
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Hey, welcome to another episode of Making Billions, I'm your host Ryan Miller and today I have my dear friend Sal Buscemi. Sal is a former investment banker from Goldman, now the managing general partner at Brahmin Partners, as well as the author of four books on finance and investing. This guy has been featured in Forbes, Investor's Business Daily…
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Digital Infrastructure – the cell towers, data centers, fiber and small cells that power our wireless and mobile data – is one of the fastest growing investment sectors today. New technologies such as 5G and IoT have put increasing demands on what many call the fourth utility and now, comes AI – the most demanding technology yet. As the global econ…
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Michael Tiedemann is a founding partner and chief executive officer of AlTi Tiedemann Global, a publicly traded $70 billion investment firm. He is also a member of the firm’s board of directors and chairman of the firm’s internal investment committee. We talk about starting the business with his father, Carl Tiedemann, the former president of DLJ, …
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Throughout this series, we have been surveying the battlefield of the AI war. From an elevated outpost, we have analysed and reported on the tactical moves of both Microsoft and Google. Data centres, acquisitions, and an arms race of innovation have all weaponised in their attempts to wrestle control of tech’s future. But who just won the latest ba…
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Hey, welcome to another episode of Making Billions, I'm your host, Ryan Miller and today I have my dear friend Michael Fillios. Michael is the author of two private equity books: Tech Debt 2.0 and Tech Equity. He's also the founder and CEO of IT ALLY, a private equity advisory firm that helps you private equity carnivores to unlock unseen value and…
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Hey, welcome to another episode of Making Billions. I'm your host, Ryan Miller and today I have my dear friend James Wang. James is a general partner at Creative Ventures, it's a deep tech venture firm investing in early stage companies solving critical global scale challenges like rising healthcare costs, labor shortages, and the causes and effect…
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On this episode of Private Market Talks, we’re joined by Tim Flynn, Co-Founder and CEO of Hayfin, an alternative asset manager that has invested €35 billion of capital across more than 470 portfolio companies since its founding in 2009. Over the course of the conversation, we cover a wide range of topics, including the investment principles that ha…
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Welcome to another episode of Making Billions, I'm your host Ryan Miller and today I have my dear friend Anthony Fernandez. Anthony is the Head of Business Development at a crypto firm known as ICONOMI. He and his team manage over 120 million AUM. With a rich background in asset management, foreign exchange and cryptocurrency, mining and trading, A…
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Sengal Selassie is the founder and CEO of Brightwood Capital Advisors, a private credit firm with more than $5 billion in assets under management. Brightwood is a unique investor, providing financing to both non-sponsored-backed businesses as well as sponsor-backed companies across the middle market. They also invest in just five distinct industry …
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Hey, welcome to another episode of Making Billions, I'm your host, Ryan Miller and today I have my dear friend James Benham. James is the tech entrepreneur in the Insurtech space. As a co-founder and CEO of JBKnowledge, he has built an impressive tech company that supports a massive need for carriers today. Not only that, but he has written the man…
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Alex Chaloff is the CIO of Bernstein Private Wealth Management. We had a great conversation talking about his personal litmus test for a manager, what to do with lagging funds, the advantages of scale, and the importance of having a sleep coach. Please enjoy my talk with Alex Chaloff. Alex Chaloff is the Chief Investment Officer of Bernstein Privat…
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Hey, welcome to another episode of Making Billions, I'm your host, Ryan Miller and today I have my dear friend Matt Burk. Matt is the chairman of Verivest and founder and CEO of Fairway America, with 1 billion AUM he knows how to launch funds, raise capital, and build a wildly successful real estate fund. So what this means is Matt understands real…
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On this episode of Private Market Talks, we welcome back Tina Fordham, founder of Fordham Global Foresight. We last spoke with Tina about a year ago in Season 1 Episode 5, in which she discussed how investors are faced with a very different geopolitical landscape today than has existed over the past 30 years, and how investors have had to raise the…
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Hey, welcome to another episode of Making Billions. I'm your host, Ryan Miller and today I have my dear friend Jim Manning. Jim is the founder of multiple funds in the real estate and debt space. He's managed and sold over get this $250 million in real estate and this guy is just getting started. So what this means is Jim understands real estate fu…
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In this episode of The Difference Engine we talk to a captain at the helm of the category ship. Vincent Peters brings a wealth of experience to the table, having held prominent leadership positions at renowned companies such as TIBCO, Qlik, Siebel Systems, and Oracle. Not only has he navigated the global landscape of tech leadership, but he's also …
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Hey, welcome to another episode of Making Billions. I'm your host, Ryan Miller. And today I have my dear friend, Jon Green. Jon is the managing partner at latitude USA. It's a firm that specializes in the investment immigration space, particularly in the foreign direct investment sector. He's worked with firms such as Goldman Sachs, HSBC, and why U…
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Hey, welcome to another episode of Making Billions. I'm your host, Ryan Miller and today I have my dear friend Carl Lundberg. Carl is the CEO at Gerald Edelman LLP. With his expertise in acquisitions in search funds, due diligence, debt funding for UK acquisitions and management buy ins. He's a game changer who's revolutionizing the world of M&A in…
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Today we have Mark Hurley, who recently co-authored a white paper called Welcome to the Jungle: The Next Phase of the Evolution of the Wealth Management Industry. Mark has written several influential papers over the years, and makes some intriguing and provocative points. We go into the mechanics of the wealth management business, how to find talen…
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Throughout history, certain inventions have reorganised the world. From the printing press to the steam engine, these technologies have triggered paradigm shifts that alter the fundamental structure of societies. Anuj Nayar believes that we are right at the beginning of another global transformation. One that will recategorise every industry in the…
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Hey, welcome to another episode of Making Billions. I'm your host, Ryan Miller, and today is our 100th episode! Today, I want to take some time to reflect on the last two years where I've spent countless hours speaking to 1,000s of people around the world, interviewing some of the brightest minds and finance. And from doing that, I've come to under…
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Hey, welcome to another episode of Making Billions. I'm your host, Ryan Miller and today I have my dear friend Adam Coffey. Adam is the three-time best-selling author of Empire Builders, The Exit Strategy Playbook, and The Private Equity Playbook. He frequently contributes to Forbes and has sold over $2.5 billion in private companies. This means th…
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Steffen Pauls is a serial entrepreneur with a long background in the private equity industry. His career started at BCG; he started and sold a fintech company during the dot com era; worked at KKR when it was still a small firm and grew along with it; and then left to start his own company in 2016 called Moonfare - which is a private equity investi…
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Let’s play a game of spot the Difference. In episode 10 we sang the category praises of Microsoft after learning about their £2.5 billion data centre building project in West London. Now, we’re turning our attention to Google. They have announced a similarly large data centre project on a 33 acre site just north of London. However, our praise for G…
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Hey Welcome to another episode of Making Billions, I'm your host Ryan Miller and today I have my dear friend Peter Goldstein. Peter is the Founder and CEO at Exchange Listing and Emmis Capital where he leads entrepreneurs and their investors to exit profitably through IPO. He’s a regular contributor to Forbes, Entrepreneur, Nasdaq, and the author o…
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Hey Welcome to another episode of Making Billions, I'm your host Ryan Miller and today I have my dear friend Kevin Carter. Kevin is the founder and CIO of EMQQ Global. Kevin specializes in emerging markets and has collaborated with the famous Princeton economist and indexing legend Dr. Burton Malkiel, author of the bestselling book A Random Walk Do…
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Casey Whalen has had a remarkable investing career starting at the Yale investments office, then Rockefeller University, the CIO of the New York Public Library, running three billion at Truuvo partners and now heading up Lazard’s family office partners. Casey and I talk about the many lessons she learned from David Swensen, and I especially liked h…
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‘The UK’s biggest miscarridge of justice’. This is what the The Criminal Cases Review Commission called the Post Office Horizon scandal. But who is to blame? Is it Fujitsu’s fault? Or do the rotten roots of run deeper? In this episode we look into the distribution of UK tech contracts and the consequences sector stragulation. We also look into our …
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Hey welcome to another episode of Making Billions, I’m your host Ryan Miller and today I have my dear friend John Jennings. John is the President and Chief Strategist of a $15B family office group known as the Saint Louis Family Trust. He manages the assets and allocations of 60 UHNW families. He is an adjunct professor at Washington University, Fo…
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‘If you haven’t got an AI component in your offer, we ain’t gonna fund you’. This is what we heard at the most recent Saastr conference. AI is undoubtedly the new hot ticket with 83% of company executives claiming that AI is a strategic priority for their business. So is it; go AI or go home? In today’s episode, we’re going to take a look at how yo…
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Hey welcome to another episode of Making Billions, I’m your host Ryan Miller and today I have my dear friend Marty Tate. Marty a lawyer at KB&A and is one of America’s foremost experts on securities regulation and crowdfunding. He was an early innovator for Crypto Legislation as well as one of the key contributors to the US Jobs act. What this mean…
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Pat Morrissey has been at the epicentre of category creation throughout his career. His impressive curriculum includes industry heavyweights Salesforce, Simpplr and Business Objects. Currently, he is the Chief Customer Office at Hirevue, a game changing AI hiring platform that owns the category of Human Potential Intelligence. Over 1,150 companies …
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Welcome to another episode of Making Billions, Im your host Ryan Miller and today I have my dear friend Kevin Demeritt Kevin is the Founder of Lear Capital, a physical delivery gold and silver company that specializes in helping people to profit from precious metals from both inside your IRA or physical delivery. Kevin’s knowledge of economic cycle…
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Welcome to another episode of Making Billions, Im your host Ryan Miller and today I have my dear friend Austin Davis. Austin is an expert in growing massive wealth for his investors in the medical practice space. Not only that, he runs a podcast in the top 0.5% called Shared Practices. He has built his dental group starting in 2022 that now already…
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Why did Starling Bank decide to switch its concentration from consumer banking to B2B? We talk about the bold choices that led to this change and the comparable action taken by industry titans Ocado. If you want to play with the big boys you need to be able to adapt. Just look at Starling bank. CEO Anne Boden is overseeing their pivot from from B2C…
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Welcome to another episode of Making Billions, Im your host Ryan Miller and today I have my dear friend Tim Hwang. Tim is a legend in the fintech and healthcare industries. His track record in building successful companies and delivering value for shareholders is unmatched. His companies have generated billions of dollars in value and completed doz…
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Welcome to another episode of Making Billions, Im your host Ryan Miller and today I have my dear friend Katie Richardson. Katie Richardson is the founder of a multi-national company where her products were sold in over 26 countries around the world. She's been featured on Ellen DeGeneres, Rachel Ray, The Today Show, and in publications such as Entr…
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‘Europeans can’t do category design.’ We hear this a lot, particularly from our friends across the pond. However, the company behind London’s record breaking $11 billion IPO might disagree. Wise (formerly known as TransferWise) has successfully built and dominated a category within the retail banking space. And, they’re from the UK. So what’s their…
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Welcome to another episode of Making Billions, I'm your host Ryan Miller and today I have my dear friend Paul Epstein. Paul is the former NFL and NBA executive, now thought leader, and 2x bestselling author of “Better Decisions Faster” and “The Power of Playing Offense”. Currently he spends his time as an award-winning speaker on leadership and hig…
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Welcome to another episode of Making Billions, Im you host Ryan Miller and today I have my dear friend Bob Elliott. Bob is the former Deputy Chief Investment Officer at Bridgewater, one of the largest hedge funds in the world. Currently, he is the CEO & Co-Founder at his new fund, Unlimited. He is highly sought after for his in-depth knowledge of t…
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WeWork founder Adam Neumann was never short of ambition. He set his sights on becoming the world’s first trillionaire and expanding his desk rental business to Mars. However, earlier this month Adam came crashing back down to Earth. Nearly $40 billion of value floated away into the stratosphere as WeWork entered chapter 11. So what was behind WeWor…
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Welcome to another episode of Making Billions, today I have my dear friend Brian Littlefield. Brian is the Co-Founder of one of Inc’s 500 fastest growing companies and the hottest Energy Drink companies on the market known as “Jocko Fuel”. Not only that, but he is partnered with the famous Navy Seal Commander, Jocko Willink, as well as a champion B…
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Welcome to another episode of Making Billions, today I have my dear friend Tony Greer. Tony is a former career trader from Sumitomo Bank, Union Bank of Switzerland, Goldman Sachs, and more. Currently, he's the Founder of TG Macro and the editor of a phenomenal market publication called “The Morning Navigator” What this means is that Tony understand…
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Today we are speaking to Ryan Eisenman, co-founder and CEO of Arch, a leading fintech startup that is a digital administrator for private investments. I thought it would be great to catch up with Ryan to get a look under the hood of a rapidly growing B2B SaaS company tackling one of asset management’s persistent back office issues such as K-1s and …
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Private equity was on fire globally, at least until 2023. Fundraising targets got ever larger and deal activity was on a roll. So, what changed and what can both investors and managers expect for 2024? In this episode of Private Market Talks, we speak with Fraser van Rensburg, Co-Founder and Managing Partner of Asante Capital. Fraser explains the c…
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I reckon you’re using some of ARM’s technology right now. Their designs are found in 95% of the world's smartphones including Apple, Android and Samsung. But it doesn’t stop there. If you’re in an electric car, using your passport, or even walking under a streetlight you’re likely benefitting from ARM’s product - a best in class semiconductor chip.…
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Welcome to another episode of Making Billions, I’m your host Ryan Miller and today I have my dear friend, Ibrahim Rahim Ibrahim is a recovering McKinsey consultant who turned the private investment space on it’s head when he became the managing partner of Moon Base Capital; a new type of equity fund that blends venture capital and private equity in…
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Welcome to another episode of Making Billions. Today I have my dear friend Drew Spaventa Drew is the Co-Founder and CEO of The Spaventa Group. After over a decade in finance, Drew decided to build the Investment Firm of Tomorrow. Not only is he part of the Forbes Investment Council, but he’s also invested in such companies as Stripe, Epic Games, Ai…
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Welcome aboard project HS2. Calling at broken promises, lost billions and total political turmoil. Ever since its announcement in 2009 HS2 has been pummeled by a litany of set backs, protests and management disasters. The knockout blow came in July of this year when the government’s infrastructure watchdog labelled HS2 “unachievable” citing “major …
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As growing companies delay IPOs or sales, private company secondaries have become a rapidly growing market opportunity, especially as investors, founders and employees seek liquidity by selling a portion of their investment in a private company. Tom Callahan, CEO of Nasdaq Private Market (NPM), recently joined Private Market Talks to discuss the pr…
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Welcome to another episode of Making Billions. Today I have my dear friend Jerome Maldonado. Jerome is the Founder and CEO or J. Jacob Enterprises & Quad J Capital Holdings. Over the span of his 20-year career, Jerome has done over $380 million in in-house transactions, with $150 million in 2022 alone. What this means is that Jerome is about to tea…
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