The Next $10 Trillion Opportunity: Private Wealth Meets Private Markets - Mike Kelly

Описание: Mike Kelly joins Brandon Sedloff to share the journey that took him from a first-generation college student in Queens to co-President and Chief Investment Officer of Future Standard, an $88 billion alternative investment manager. He reflects on the formative experiences that shaped his investing philosophy, from cold-calling Lee Cooperman for an internship to working at Tiger Management and helping build FrontPoint. The conversation traces the evolution of alternatives from family offices and endowments to the private wealth channel, and how Future Standard has positioned itself at the center of that shift by building both distribution infrastructure and in-house investment capabilities.

They discuss:
How Mike broke into hedge funds by cold-calling Lee Cooperman and what he learned at Omega and Tiger Management
The historical arc of alternatives from the endowment model to today’s private wealth opportunity
The evolution of Franklin Square into Future Standard and the shift from packaging and distribution to internally managed strategies
Why the middle market offers structural advantages across private credit, private equity, and real assets
The case for rethinking 60 40 portfolios in a more inflationary, deglobalized macro regime

Links:
Future Standard - https://www.futurestandard.com/
Mike on LinkedIn -   / mike-kelly-9b32166  
Brandon on LinkedIn - ⁠  / ⁠  
Juniper Square - ⁠https://www.junipersquare.com/⁠

Topics:
00:00 - Intro
01:21 - Mike Kelly's career journey
02:26 - Early influences and education
04:48 - Breaking into the investment world
17:52 - Joining Future Standard
18:17 - Evolution of Future Standard
20:50 - Distribution and internal management
23:22 - Infrastructure and operations
26:02 - The commitment of investment management
26:57 - Future Standard's focus areas
30:11 - Evergreen structures in investment
37:18 - The new economic regime
48:15 - The future of asset management
52:40 - Conclusion and final thoughts

#thedistribution #JuniperSquare #BrandonSedloff