Kevin Slemp

The M&A market has been impacted by regulatory challenges that have widened spreads and created uncertainty in deal closings. Anusha Rodriguez, Head of Research & Due Diligence and Head of Alternative Investments for Oppenheimer Asset Management, is joined by Jake Turner, an Associate Portfolio Manager at Kite Lake Capital Management, to discuss the drivers of merger arbitrage and the potential risks and returns. Together, they cover catalysts for deals such as technological innovation, revenue cliffs, growth expectations, and synergies. Additionally, they evaluate cross-border deals and consider regulatory complexities and geopolitical tensions. https://bit.ly/45clwYu #ThePowerofOppenheimerThinking #LetsTalkFuture #EventDrivenInvesting

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The M&A market has been impacted by regulatory challenges that have widened spreads and created uncertainty in deal closings. Anusha Rodriguez, Head of Research & Due Diligence and Head of Alternative Investments for Oppenheimer Asset Management, is joined by Jake Turner, an Associate Portfolio Manager at Kite Lake Capital Management, to discuss the drivers of merger arbitrage and the potential risks and returns. Together, they cover catalysts for deals such as technological innovation, revenue cliffs, growth expectations, and synergies. Additionally, they evaluate cross-border deals and consider regulatory complexities and geopolitical tensions. https://bit.ly/4caB5Cs #ThePowerofOppenheimerThinking #LetsTalkFuture #EventDrivenInvesting

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In this episode of Let's Talk Future™️, Anusha Rodriguez discusses event-driven investing with guest Jake Turner, an Associate Portfolio Manager at Kite Lake Capital Management. Together, they analyze the investment strategy seeking to profit from corporate events such as mergers and acquisitions, corporate actions, bankruptcies and restructurings. As these corporate events can have material impacts on share prices, they discuss important factors such as the effect of interest rates and the regulatory challenges investors must consider when evaluating these types of special situations and M&A deals. https://bit.ly/4bE9ucZ #ThePowerofOppenheimerThinking #LetsTalkFuture #EventDrivenInvesting

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Earlier this year, we surveyed our fellow Los Angeles-based GPs to get a pulse check on the LA venture ecosystem. Here’s what we found: 💗 Deal flow is healthy, and most LA venture investors (68%) are seeing the same or more deal flow YoY. ✈ LA investors are spending time in a variety of markets, with NYC, Austin, and SF following closely on LA’s heels. 🔍 Innovation is concentrated in AI and machine learning, space, and commerce. 💸 Funding is happening, but it’s barbell-shaped, with deals concentrated at the early and late stages. Funding post-Series A has been challenging. 🚩 LA is differentiated, but not without its challenges. Key difficulties include not attracting enough AI talent (despite having the largest number of engineers graduating from our region over any other in the United States); talent relocated to more tax-friendly or less expensive locations; and the great SoCal / NoCal divide 🙏 Thank you to all our many respondents! I’m so glad to be part of a venture ecosystem that includes great minds like Anna Barber, Brent Murri, W. Christine Choi, Sarah Tomolonius, Rob Smith, Win Chevapravatdumrong, John Tabis, Jill Royster, Jesse Draper, Ashley Balla, Britt Danneman, Tram Lai, Carmen Palafox, Elaine Russell, Deborah Benton Amanda Schutzbank, Brian Lee, Petra Griffith, Minnie Ingersoll, Shamin Walsh, Gabe Greenbaum...wow, this list could go on forever...plus too many other exceptional humans to name. You know who you are! Explore our findings more deeply with our survey dashboard: https://bit.ly/3JsaLaB

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In this episode of Let's Talk Future™️, Anusha Rodriguez discusses event-driven investing with guest Jake Turner, an Associate Portfolio Manager at Kite Lake Capital Management. Together, they analyze the investment strategy seeking to profit from corporate events such as mergers and acquisitions, corporate actions, bankruptcies and restructurings. As these corporate events can have material impacts on share prices, they discuss important factors such as the effect of interest rates and the regulatory challenges investors must consider when evaluating these types of special situations and M&A deals. https://bit.ly/3X4LknA #ThePowerofOppenheimerThinking #LetsTalkFuture #EventDrivenInvesting

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It's Earth Month 🌎 and Clear Current Capital's portfolio company, Nosh.bio stands out for truly embodying the ethos of "Think Different." Founders Tim Fronzek and Felipe Lino prioritize core values such as trust, respect, pro-activity, customer-centricity, and positive thinking in shaping their company culture 💫. With a diverse team spanning nine nationalities and four continents, they understand the unifying power of food 🌱. Through scalable and sustainable technology, Nosh aims to provide clean, healthy, and affordable food. They are not only thinking but building, nourishing, and solving problems differently, particularly concerning the longevity and strength of our food system. Be inspired to Think Different. 🍎 Challenge: Many food products are not tasty, affordable, or sustainable. CLEAR + BOLD SOLUTION: Nosh.bio creates ingredients from fungi for cleaner labels, improved taste, and texture in meat and fish analogues, as well as convenience foods, dairy, confectionery, and bakery items while adding nutritional value. Their nutritional and highly functional proteins are naturally produced, low processed, allergen-free, non-GMO, not novel foods, and at cost parity. Nosh's proprietary fermentation process is scalable and sustainable. #innovation #food #foodtech #sustainability #climatesolutions #EarthMonth

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Asset Backed Lending has been part of the Flybridge Capital Pty Ltd thematic of what will “Private Credit 2.0” look like, along with Private Credit Secondaries also playing a role. Below is Marathons take on the ABL asset class, however we pose the question; how many dedicated experienced true Asset Backed Lenders are out there in the world that have decades of hands on experience? They are out there but are less well known. In essence Asset Backed could be considered as the “nervous system” to the real economy and therefore looks like a wide and deep market for managers to operate within. Asset Backed Lending transactions are very different to underwriting from single line corporate credits that most investors have become familiar with in Direct Lending and can involve thousands of lines to analyse and underwrite. Newly arranged platforms of acquired originators could be tricky to bed down, no different to what is seen in Asset management mergers and takeovers, so again it would be wise to really understand what is really going on inside the investment managers asset backed engine.

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PE - Hedge Funds Hit by Lack of PE Exits (and one way that PE firms can boost exits) Financial Times: https://lnkd.in/edACss_X FYI - one way to get more PE exits is for the PE fund to have a domain expertise GTM and have deep knowledge on how to increase the Revenue Growth of portfolio companies which boosts cash, profits and margins. --- #pe #privateequity #business

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After April’s volatility, you won’t want to miss the latest Straight Talk. Join Brad Rutan and Equity Portfolio Manager Nevin Chitkara as they explore: - Current market environment - Importance of downside risk management - Understanding what you own bit.ly/3wkoflS.

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Voya's 50+ year journey of #equity investing mirrors the broader evolution of markets. The first wave was fundamental investing. The second saw the rise of quantitative strategies. The third wave isn't coming; it's already here. Read more: https://lnkd.in/e27_uVzW ​

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Good blog post from my partner Andrew Heyman on the importance of alignment between founders and their VC partners. GoPoint is actively seeking new investments. Happy to speak more with anyone running new ventures looking for perspective here.

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Another great piece of work from Bridgewater Associates - illustrating 100 years of market champions and their life cycle. Interesting 10 min read. Noteworthy: - Current cohort could continue to dominate for some time yet. - Demise almost always occurs within a decade. - Tracker funds fuelling concentration. - Equal weighted index more stable over very long time periods. - Over a third of a US-market-weighted portfolio is allocated to the current basket of champions, and in a world portfolio, this share ends up close to 20% - the highest in over 50 years.

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Your OCIO or IC should also be able to tell you their batting averages for asset allocation and manager selection. If they can't, you need OCIO Monitor. Here is the link to the story: https://lnkd.in/eVMwb9Nz

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PE Firm Differentiation - how LPs think about firms, funds & investors I saw a great insight on Twitter from Ho Nam which relates broadly to any investment firm including PE, hedge funds, etc.: Ho Nam posted: "Everyone sounds the same... the [Investors / GP] don’t see it themselves. But if you ask any LP which meets hundreds of managers a year, they will confirm. It’s hard to stand out from the crowd. [Investors / GPs] must think deeply about how to be different. It’s not just a pitch - to truly *be* different, you have to commit to a continual process that takes you down a different path." P.S. There are 8,000+ active global PE firms and only a couple of effective strategies to differentiate - some of them seem simple but are not easy. Example - GTM Edge, deep hands-on expertise in scaling sales & revenue growth. Seemingly simple for any PE fund, but not easy and far more nuanced than what meets the eye. --------- #pe #privateequity #lp #differentiation #business

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Pivot Investment Partners is excited to announce its portfolio company, OneVest’s strategic collaboration with BlackRock! 🎉 This partnership has led to the launch of OneVest’s Model Portfolio Marketplace, featuring top-tier model portfolios using BlackRock’s iShares ETFs. At Pivot, we are proud to back OneVest. Their innovative, tech-driven approach is transforming wealth management. Integrating these new offerings into OneVest’s platform shows their commitment to delivering inclusive, purposeful, and cutting-edge investment solutions that prioritize performance, transparency, and cost efficiency. This means more people can access high-quality, low-cost, world-class investment opportunities. Congratulations to the OneVest team on this fantastic achievement! #PivotInvestmentPartners #OneVest #WealthManagementTech #ModelPortfolioMarketplace #FinTech #FinTechNews #WealthTech #Innovation #FinancialInclusion #InvestmentSolutions

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Did you know that humans are using 1.7x more resources and services than our planet can replenish annually? This #EarthDay, we’re shining light on #SROI and how we utilize our proprietary investment process to identify companies that may thrive financially but also positively impact the environment. Watch our video for a deeper dive into the world of sustainable investing. Learn more about our proprietary research and investing process: https://lnkd.in/gc2NEHkT More on SROI: https://lnkd.in/gXzhVpKJ

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[New Compounders Podcast] After a short hiatus, we are back with a great interview with Whit Huguley, CFA, the Portfolio Manager at River Oaks Capital. Whit is a microcap specialist who has been running this portfolio full time since early 2020. Whit puts together one of the most comprehensive quarterly letters I have ever seen—in many cases discussing all the companies in his portfolio. In this wide ranging conversation, we covered:·    -Why he first became interested in microcaps; -The checklist he uses to evaluate stocks; -His rationale for investing in small banks and financials; -Why he places so much value on traveling to meet with companies; and -How he approaches the topic of when his companies will eventually get valued properly. Please enjoy the interview here: https://lnkd.in/g7CF5EAk

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