Capital Allocators’ Post

On Investment Management Operations, Scott MacDonald speaks with Steven Schwab from Thoma Bravo shares how to make best use of your legal resources. With thanks to Intelligo.

"Canoe, to me, is a great tool to get information off of documents. So instead of a human looking at a statement and typing the numbers in elsewhere, Canoe can help get that data off of the document into a structured format so that you can load it into your system at scale." Great segment with Canoe Client, Dan Ricci from Prime Buchholz!

Great framework thinking for anyone thinking to start or meaningfully scale a business

Want to hear what makes Eagle Point Credit’s platform tick? Check out Kenneth Onorio on the Capital Allocators Investment Management Operations podcast.

Listen to the Capital Allocators Investment Management Operations #podcast. Scott MacDonald and Kenneth Onorio, our CFO and COO, discuss what we believe are best practices for the operations of our niche credit platform – from what to keep in mind to support our investors to why we think a strong culture drives scale and efficiency in our industry. 

Being a strategic COO is a skillset you need regardless of your firm’s size. Taimur Hyat and I dig into how to be a COO 2.0 to connect your business to the evolving investment opportunities around us. Take a listen and subscribe. Thanks again to Intelligo.

My latest episode has posted on the power of discover in achieving financial fulfillment. Check it out, like and share! Enjoy!

Scott MacDonald - Thank you for a wonderful conversation around all things related to investment operations. You were a great interviewer and I appreciate the opportunity to share the story of how Union Park Consulting was started. Some highlights from the podcast include: * Great operations can be achieved when you have a collaborative and productive relationship between the operations team and the investment team. Also, the ability to anticipate and plan ahead is a skill and something that is seen in great operations divisions. * A common misnomer is that your value to the vendor is solely based on your contract size. There are billion dollar endowment offices that have model relationships with their technology provider because they offer value in different ways such as being early adopters of new features and beta testers on new product functionality. * What investment operations needs are people who are not just going to identify problems, but also identify solutions and that they use quantitative data to bring forth your arguments. *The number one trait to look for in an operations hire is problem solving skills....operations needs to be comfortable with change and needs to be adaptable. * I've seen an enormous evolution in this industry over the past 10 years on tools to improve the accuracy of the data, but it really does still rely on people or ownership as well as the downstream processes to review the data. * The best thing we can leave our clients with is we can leave them with education. What we are doing at Union Park is changing the trajectory of these clients' operations. So we're not just trying to go up on the same line of the graph and get to a higher point. We're trying to move the entire line graph up a notch. The link to the podcast is below and I welcome any feedback. Enjoy! Union Park Consulting LLC

Why simple investing is so hard. My conversation with Cliff Asness from AQR Capital Management. With thanks to 10 East and SRS Acquiom.

Why simple investing is so hard. My conversation with Cliff Asness from AQR Capital Management. With thanks to 10 East and SRS Acquiom.