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    Macro Update: Waiting to Exhale

    enFebruary 02, 2023
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    About this Episode

    Behind the scenes at Davos, attendees were coming to terms with a fracturing world, a cascade of risks and, despite it all, a silver lining.

    Today on Dry Powder, Karen Harris, managing director of Bain's Macro Trends Group, shares her key insights from Davos and how private equity investors are dealing with the emergent risks and opportunities of a multipolar world.

    Listen to her previous appearances on Dry Powder, below:

    Macro Risks: Everything, Everywhere, All at Once 

    Macro Risks: Keep It Simple

    Recent Episodes from Dry Powder: The Private Equity Podcast

    A $140 Trillion Riddle, Wrapped in a Mystery, Inside of an Enigma

    A $140 Trillion Riddle, Wrapped in a Mystery, Inside of an Enigma

    Today on the show, I have a lively conversation with Ashby Monk, the executive director of the Stanford Research Initiative on Long Term Investing. Ashby studies the inner workings of pension funds, sovereign wealth funds, endowments and foundations —  in short all of those LPs that sit somewhere in between the public and private sectors.

    “That means that they are optimizing for things that are not entirely evident to just the casual observer,” Ashby says.

    In this episode of Dry Powder, I ask Ashby to take us inside the $140 trillion universe of long-term investing and help us understand what exactly these organizations are optimizing for.

    If you'd like to stay up to date with my weekly series on LinkedIn, follow me here.

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