Bella Private Markets

AAAIM and Josh Lerner/Bella Private Markets latest study highlights something that our members have been saying for many years - AAPI GPs find additional challenges in accessing Emerging Managers programs. This study findings were recently covered in Emerging Managers Monthly. AAPI managers are often overlooked by institutional investors when it comes to accessing Emerging Manager programs, despite their strong performances. The report, the fourth in AAAIM’s research series, examines the flow of capital from institutional investors and reveals that AAPI-owned private equity firms are frequently excluded or bypassed. The study also finds that these diversity and inclusive efforts in the asset management industry have worked for other communities, however the study shows limited progress in increasing AAPI AUM numbers. Click here to read the full article: https://lnkd.in/eZubBS82

In the second part of our head to head we speak to a seasoned investor who responds to researchers, outlining a potential new approach to helping LPs manage their private equity portfolios more easily. Alex Billias, COO Bella Private Markets delves into the challenge they set themselves. https://ow.ly/wFso50Tx5kS

A new study conducted by AAAIM in partnership with Bella Private Markets reveals a concerning issue: institutional investors frequently overlook funds managed by AAPI firms when granting access to Emerging Manager programs, despite evidence of strong performance. Learn more: https://lnkd.in/erVVXQp5 #report #investmentmanagement

Coller Capital's Research Institute recently published the milestone 20th issue of Private Equity Findings. For this special issue, PE Findings spoke to Josh Lerner, Steven Kaplan, and Antoinette Schoar, revisiting topics they first discussed in the publication 15 years ago. Bella’s Chief Operating Officer, Alex Billias, CFA, is also featured, and discusses the new cash flow forecasting model outlined in the recently published paper, “Takahashi-Alexander Revisited: Modelling Private Equity Portfolio Outcomes Using Historical Simulations.” This issue of PE Findings also explores general partner stake sales, recent studies on the use of artificial intelligence in private equity, and the impact of side letters in negotiations.

Last chance to register for the CAIA Bay Area, CAIA Boston, and CAIA Carolinas Joint Webcast with Bella Private Markets. Join us tomorrow at noon ET https://lnkd.in/gK92GXCp

ICYMI - CFA Society Boston's webinar featuring Bella's Chief Operating Officer, Alex Billias, CFA, and Principal, Samuel Holt, CFA, is now available to watch online. Alex and Sam discuss challenges in liquidity modeling and describe Bella's novel approach of simulating future cash flows using historical data.

Watch the recap of a virtual presentation by Alex Billias, CFA, COO, Bella Private Markets reviewing our latest research on AAPI career progression and fund performance, followed by a fireside chat with Mark Okada, Co-founder & CEO, Sycamore Tree Capital Partners, L.P.! Watch here: https://lnkd.in/ePcW3fgA #research #finance #careers

Thank you CAIA Association for hosting our Managing Partner and Co-Founder, Josh Lerner, on the season two premiere of Educational Alpha.