Permanent capital
The cost of a predetermined exit
How fixed horizons shape the decisions a business is able to make.
Forthcoming
Insights
Considered perspectives, published sparingly.
Our published work is released only when we have something durable to say. The themes below outline the areas our teams write about.
Governance
Preparing owners, not only heirs
Why the transfer of responsibility matters more than the transfer of assets.
Forthcoming
Capital allocation
Price, value and the passage of time
Notes on holding periods, reinvestment and the arithmetic of patience.
Forthcoming
Real assets
Tangibility as a discipline
What land, vessels and buildings demand of their owners.
Forthcoming