Entries by Dick Risch

World’s Best Private Banks 2023 Rankings from Global Finance

BEST PRIVATE BANK IN THE WORLD J.P. Morgan Private Bank A multiyear Global Finance award winner, J.P. Morgan, with client assets of $1.9 trillion, has again been selected as the Best Private Bank in the World. On average, the powerhouse firm brings on a new client with more than $100 million in investible assets every other business […]

FUND OUTLOOK FOR ’23

Big winners in 2023 were commodities and macro funds with median returns of 12.99% and 10.75% respectively. The outperformance of these two strategies against the industry as a whole’s negative 3.5% performance will continue to catch tailwinds from Jerome Powell’s relentless rate increases, and continued price stickiness across the spectrum of commodities. We all expect […]

BIGGEST TREND IN HEDGE FUNDS GOING INTO 2022 WAS FEMALE FOUNDERS. IT WILL BE INTERESING TO SEE HOW THESE NEW FUNDS CLOSE THE YEAR.

Diversity is a key element of every conversation we have with our clients when launching a search. Every firm is interested in building a sustainable and competitive workforce that reflects society as whole. In short, an employee population that includes a range of individuals with various racial, ethnic, socioeconomic and cultural backgrounds. Why is it […]

There is a $400B Gap Between Private Equity and Private Credit

Since 2008 the private credit space has grown exponentially as an asset class that attracted institutional investors. With the fast majority of the activity comprised of loans to private equity backed companies. These transactions were either additional investments provided by the original GP or a partnership between the GP and a private credit investment shop. […]

Top Three Community Banking Trends for 2022- Gabe Krajicek, Kasasa

Competition in the banking sector has heated up over the past year as a result of the COVID-19 pandemic accelerating the shift to digital services.  But, as businesses and local communities re-engage with more in-person interactions, community financial institutions (CFIs) could be set for a period of growth. As financial services and banking technology providers […]

Tips From the Best Traders

If you have done even a little bit of research into the world of trading, you will know that there are many books on how to become a better trader. One book that gets mentioned time and again as a trading classic is “Market Wizards: Interviews with Top Traders” by Jack Schwager. First published in 1989, […]

Hedge Funds Post Covid

Hedge fund managers have faced a litany of unique challenges since the onset of COVID-19, and have learned a lot from those lessons. I recently sat in on a discussion hosted by BNY where top managers shared their veiws about what they learned. Transparent communication is key: Given the continuing and all-permeating air of uncertainty, […]

Publicly Traded PE Firms Post Record Q3 Numbers

All four publicly traded private equity firms just reported unprecedented financial results for the quarter just ended. They also reported huge inflows of assets from their limited partners. Check out the numbers: KKR,  private equity portfolio climbs 9% in the quarter, posts $1.1 billion in net income. Distributable earnings of $925 million, a 104% yoy. […]