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Nov 2024
43m 11s

E110: How Legacy Knight Scaled $1.5 Bill...

David Weisburd
About this episode
David Sawyer, Chief Operating Officer & Managing Partner at Legacy Knight : Multi-Family Office sits down with David Weisburd to discuss the top mistakes investors make in GP stakes, why middle-market GP stakes could be a game-changer for investors, and how GP stakes outperform traditional investments in 2024.

The 10X Capital Podcast now receives more than 170,000 downloads a month. Are you interested in sponsoring an episode? Please email me at David@10xcapital.com.

SPONSOR:

Carta is the all-in-one suite for private fund operations. Carta’s software-based approach takes fund administration out of the spreadsheet and into the modern age with powerful solutions and intuitive interfaces, all on one platform. Their suite of products and expert services help funds at any stage with up-to-date insights and automated workflows to get them to the next level. Learn more at: https://z.carta.com/10xpod

X / Twitter: @dweisburd (David Weisburd) @legacyknightmfo (Legacy Knight:Multi-Family Office) @DavidPSawyer (David Sawyer)

LinkedIn:

David Weisburd: https://www.linkedin.com/in/dweisburd/ David Sawyer: https://www.linkedin.com/in/david-sawyer-a70ab912/ Legacy Knight: https://www.linkedin.com/company/legacy-knight-multi-family-office/

Links: Legacy Knight:Multi-Family Office: https://legacyknight.com/

Questions or topics you want us to discuss on The 10X Capital Podcast? Email us at david@10xcapital.com

TIMESTAMPS:

(0:00) Episode Preview (2:40) Understanding GP Stakes Investing (4:46) Succession Planning with GP Stakes (6:27) Evaluating GP Stakes Investments (12:11) Revenue Streams in GP Stakes (19:26) Sponsor: Carta (20:34) Investor Mistakes and Valuation Metrics (23:33) Middle Market GP Stakes: A Growing Landscape (25:37) Emerging Trends in GP Solutions Funds (26:41) Value Addition and Governance in GP Stakes (29:26) Due Diligence Processes in GP Stakes (32:58) Opportunities in Upper Middle Market Firms (35:54) Attractive Asset Classes for GP Stakes (38:23) New Entrants and Evolution in Portfolio Construction (41:49) Closing remarks
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