49 min listen
Michael Rees – Inside GP Stakes at Dyal Capital (Capital Allocators, EP.278)
FromCapital Allocators – Inside the Institutional Investment Industry
Michael Rees – Inside GP Stakes at Dyal Capital (Capital Allocators, EP.278)
FromCapital Allocators – Inside the Institutional Investment Industry
ratings:
Length:
54 minutes
Released:
Oct 31, 2022
Format:
Podcast episode
Description
Michael Rees is the Founder and Head of Dyal Capital Partners and Co-President of public company Blue Owl (OWL) after Dyal’s merger with Owl Rock last year. Dyal is the market leader in buying General Partner stakes from established private equity and alternative asset managers and oversees $45 billion in its strategy. Our conversation covers Michael’s background, the early years of minority stakes, motivations of sellers, changing perceptions of the business, and return profile of investments. We then turn to Dyal’s process across relationship-driven sourcing, best practices in fundraising and operations, conducting deals, and behavior of GPs after a sale. We close by touching on common critiques of Dyal’s strategy and the outlook from here. Hopefully this is an example of this new process working effectively! Let us know if anything else is needed. Access Stream by AlphaSense Free Trial Learn More Follow Ted on Twitter at @tseides or LinkedIn Subscribe to the mailing list Access Transcript with Premium Membership
Released:
Oct 31, 2022
Format:
Podcast episode
Titles in the series (100)
André Perold – Academic Practitioner (Capital Allocators, EP.02): My guest on today’s show is André Perold. For those who know André, he needs no introduction. André is the Chief Investment Officer and Co-Managing Partner at HighVista Strategies by Capital Allocators – Inside the Institutional Investment Industry