Remove 2011 Remove Clients Remove Valuation
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MiB: Ken Kencel, Churchill Asset Management

The Big Picture

He launched the Churchill Financial Group in 2006, which was purchased by PE giant The Carlyle Group in 2011. This puts the company on the same side of the table as their clients, while giving the firm the potential for equity-level returns when companies do well. class nine times.

Assets 170
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Things Change

The Better Letter

My favorite client, a pension manager for over 40 years, sardonically reminded me that someone buying 100-year bonds issued by the world’s leading entertainment business a century before would have purchased the debt of a player-piano company. We were Morgan Stanley’s co-manager.

Retail 97
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Present at the Creation: Early-Stage Venture Capital

Brown Advisory

In 2011, a Tel Aviv-based startup called Cyvera began developing cybersecurity software deploying the coding equivalents of barriers and traps to thwart hackers staging potentially devastating “zero-day attacks.” Less than two years later, Palo Alto Networks purchased the company for $200 million—a more than 25-fold surge in valuation.

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Asset Allocation: Caution Toward High Dividend Yielding Stocks

Brown Advisory

billion in assets they held in 2011. While the factors above have buoyed dividend-rich stocks this year, such stocks now pose a rising risk in portfolios for several reasons: Their valuations have stretched beyond what is justified by the fundamentals in many cases. billion, nearly double the $367.3 stock market (chart 1). Conclusion.

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Asset Allocation: Caution Toward High Dividend Yielding Stocks

Brown Advisory

billion in assets they held in 2011. While the factors above have buoyed dividend-rich stocks this year, such stocks now pose a rising risk in portfolios for several reasons: Their valuations have stretched beyond what is justified by the fundamentals in many cases. Stretched Valuations. billion, nearly double the $367.3

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Off the Beaten Trail

Brown Advisory

We are recommending that clients consider high-yield bonds and other asset classes that can offer the prospect of solid gains that diverge from the path of traditional stocks and bonds. Investor concerns about slowing growth have sprung up here and there since 2011 but had yet to set back equities until this year. 31, 2009, until Nov.

Economy 52
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Beacon Pointe’s Matt Cooper on Using Private Equity to Build a High-Growth RIA Platform

Steve Sanduski

Yes, M&A will boost the buyer’s bottom line and client base. Quotes: Matt Cooper on the decision to take on private equity: “We entered into our inorganic growth stage in roughly 2011. Guests: Matt Coope r, Partner and President of Beacon Pointe Advisors. And we actually did it in a separate RIA within Beacon Point.