The Harvard Endowment Is on the Verge of Losing Its Crown
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Direct lending has been one of the most dynamic areas of the private alternative space these last few years, having grown massively as a source of capital for both corporate borrowers but also financial sponsors that have kept going from strength to strength and have needed that private capital to foster the growth that they've been experiencing. For
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Hello, and welcome to another episode of the Odd Lots podcast. I'm Joe Weisenthal.
And I'm Tracy Alloway.
Tracy, we talk about investing all the time on the show. We talk about private credit. We talk about hedge funds. We talk about the market itself. But, you know, there are, like, a few of these gigantic institutional players out there. One of them is insurance that, like, just don't get a lot of attention. These
huge pools of capital. Yeah.
You're right. So, you know, we've talked about we wanna, talk about insurance more. We should probably talk about family offices more too. Like, that's this whole world that I don't think we've ever really explored, but just this massive and booming source of capital, like, what the deal is with those.
Yeah. I remember right around the time that I left Hong Kong, that was such a big story, especially in Singapore, everyone opening family offices. But there's another category of massive pools of capital that we need to talk about.
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