Oh boy, where to even start with this rollercoaster? Okay, welcome, uh, to another wild ride with the Alt Goes Mainstream podcast! Imagine us chilling in BTG Pactual’s NYC high-stakes office – so like, picture Wall Street vibes meets podcasting magic. This time, they didn’t just tap the usual suspects; we got Todd Owens in the building. Who’s Todd, you ask? Oh, just the main brain behind Cantilever Group. Yep, BTG Pactual’s got their cash in his cookie jar.
So, now, listen if you want on Apple Podcasts, or hey, Transistor too, if that’s more your jam.
Cantilever, it’s like this indie band but in finance – all about backing middle market asset magicians with $$$ to grow and make big moves. They’re talking big numbers, like asset management bands worth between $50M and $500M. This Todd camaraderie? Over HALF A BILLION DOLLARS in transactions. Let that sink in. They’re like dealmakers on steroids over there.
Oh, and they got pals. BTG Pactual (that’s the $30B Brazilian hulk in banking) and Broadhaven Ventures, who are like silent partners hanging out but really making moves happen.
Now, Todd, this guy’s got 30 years of spinning financial yarns. Used to be big at Broadhaven Capital, pulling off $100 BILLION in deals, not to mention his early days killing it at Goldman, Sachs. How’s that for a resume?
Our chat? Fascinating, like flipping through a finance thriller novel. We tackled the wild, wild west days when alt asset folks started dreaming about public life. Also, how GP stakes (that’s ‘General Partner’ for the finance rookies out there) are playing this backstage role in the whole dramatic growth of those asset managers. Plus, we dissected how it’s kinda got this private equity, private credit, and secondaries mix jammed in there.
It’s like every episode of finance’s Game of Thrones – upper echelon soap-opera finance drama, meanwhile middle market is this quiet, brooding underdog waiting to rise. Or maybe not so quiet.
Wanna know how the GP stakes space handles the whole “show me the money” liquidity issue? Oh, Todd dropped the deets. Between sips of, I dunno, chai latte or whatever finance guys drink at live podcasts.
Plus, like, shoutout to Todd for dropping serious knowledge bombs across the industry. Talking about where the GP stakes market’s headed, and if the middle market is going to keep grinding through all the financial turmoil or go mainstream for real.
And hey, catch some juicy highlights! Like, which asset class might steal the crown in 2025? And what the heck is going down with firm mergers and how messy that gets.
Stay tuned. Keep those earbuds plugged in for some finance realness. And huge thanks to the Podcast Consultant dudes for stitching our chaotic convo into something actually listenable. Peace out, finance fans!
