Mario Giannini on the Art of Investing

Now here's something that's really spooky for Halloween.  From today's posting on Barry Ritholtz's Big Picture blog, I give you a one-hour podcast on everything you need to know about the Art of Investing from the CEO of the private equity firm Hamilton Lane, a firm overseeing $500 billion in privately invested assets. So let's see what a guy with this kind of a track record has to say. There's a blue moon out there right now so there's no better time to listen to it.  Enjoy!  

MiB: Mario Giannini, Hamilton Lane

October 31, 2020 9:45am by Barry Ritholtz

This week, we speak with Mario Giannini, CEO of private equity firm Hamilton Lane. The firm began in Philadelphia in 1991, as a private equity advisory firm working with large public pension plans. Today, they have than 400 employees operating in 17 offices around the world. One of the few publicly traded PE shops, the firm oversees almost $500 billion in privately invested assets, with $68 billion in directly managed assets under management. Giannini was named to CIO’s “2020 Knowledge Brokers All Stars.”

His background as a bankruptcy attorney led him to a deep understanding of turnaround situations: Where a company has assets beyond book value, they can be enhanced as a going concern versus a buyer is merely purchasing discounted assets to be liquidated.

He explains why he believes Environmental, Social and corporate Governance (ESG) investing is now part of mainstream equity risk analysis, and he believes it is going to have lasting impact on both the public and private markets.

A list of his favorite books are here; A transcript of our conversation is available here Monday. (Note I misspoke in mentioning “The Room,” the actual name is “The Lost Room.”)

You can stream and download our full conversation, including the podcast extras on iTunes, Spotify, Google, Bloomberg, Stitcher and Acast. All of our earlier podcasts on your favorite pod hosts can be found here.

Be sure to check out our Masters in Business next week with Adam Posen, president of the Peterson Institute for International Economics. Posen’s research into monetary and fiscal policies have propelled the institute to international recognition. He was a voting member of the Bank of England.