10X Capital Podcast
The 10X Capital podcast interviews the world's premier institutional investors to deliver insights on how they manage their capital. Interview topics include investment decision frameworks, capital allocation strategies, GP/LP relationships and many more.
E117: What Will Family Offices Invest into in 2025? w/Hansen Ringer
Hansen Ringer, Managing Partner at Sepio Capital, discusses how family offices can construct resilient portfolios, the role of hedge fund allocations, strategies for managing end-of-lifecycle funds, and what sets great GPs apart. He also shares insights into private equity tactics, asset allocation, and the dynamics behind successful investment partnerships.
Key Points
- Illiquidity premiums demand excess returns due to the constraints on capital flexibility and optionality.
- Cepio Capital employs a role-based framework in asset allocation, focusing on growth drivers, diversifiers, inflation-sensitive, and deflation-sensitive assets to manage underlying risks.
- The firm has a strong preference for diversifiers like distressed credit and managed futures to achieve equity-like returns with low correlation to traditional assets.
Hansen Ringer, Managing Director at Sepio Capital sits down with David Weisburd to discuss the asset class that delivers equity-like returns without the market risk, what distressed credit reveals about market cycles and investor behavior, and what happens when stocks and bonds move together.
Chapters
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| 13:56 | |
| 17:25 | |
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| 28:38 | |
| 29:24 | |
| 33:19 | |
| 37:46 | |
| 41:29 | |
| 41:56 |
Transcript
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