Business Model & AI Application - Off Deal is building the world's first AI investment bank, reimagining the financial institution from first principles with a different org chart, compensation structure, and culture [1][2][3] - The company uses a proprietary data layer of 250 data fields on 2500000 (2.5 million) US businesses to identify potential sellers, leveraging AI to create Wall Street-grade decks for every small business owner [5][6] - AI is used to identify potential buyers, draft personalized outreach messages, manage NDAs, and drive productivity in complex workflows, acting as a "digital coworker" [6][7] Value Proposition - Off Deal focuses on deal certainty, better terms, and faster results for sellers, rather than explicitly pitching AI [9][10] - The company aims to create price discovery for small businesses, a multi-trillion dollar private asset class with wide bid-ask spreads [10] - By creating competitive tension among buyers, Off Deal can achieve higher outcomes for business owners, with one example showing a final offer 40% higher than the initial offer [10] Competitive Advantage & Strategy - The company believes that large banks are more likely to procure AI software than build their own, giving startups a shot at displacing incumbents with an AI-first culture [12] - Off Deal's bankers start talking to clients on day one, developing important skills, unlike the traditional investment banking model [12] - The company has a 1:1 ratio of bankers to engineers, fostering a tight feedback loop and high ROI on automation efforts [12] Financials & Compensation - Off Deal charges 5% of enterprise value on a success-only basis, aligning incentives with the business owner [12] - Most of the company's fees are between 500000 (500k) and 1000000 (1 million) dollars, with some sell-side mandates reaching 2000000 (2 million) or 3000000 (3 million) dollars [12] - Bankers receive 20% of the fee, potentially earning 200000 (200k) dollars per deal, and can make 2000000 (2 million) dollars in bonus if they do 10 deals a year [12] Future Vision - The company is exploring semi-automation for smaller transactions involving subscale small businesses, similar to Tesla's approach of scaling manufacturing capabilities [13] - Off Deal believes that human interaction will remain a core component of important life decisions, focusing on building technology around that constant [13] - The company's pitch to small businesses is that it creates a competitive auction among buyers, increasing the probability of selling the business and achieving the best terms and price [13]

As the world economy fragments, Japan’s private-equity market has one big advantage over its American counterpart: it benefits from the retreat from China https://t.co/z2kdShSWzy ...

Private-equity is not running well in America. Funds are struggling to exit profitably. Deal volumes have slumped. And new capital has become harder to raise.Across the Pacific, though, is a dealmaking machine roaring back to life https://t.co/vOnPh4jCmQ ...

Market Overview & Investment Strategy - Exponence, a multi-strategy investment firm, manages $22 billion in assets across equity, fixed income, and alternative investment strategies [1] - The firm believes the world is undergoing a regime change to a multipolar world, impacting long-term investment implications [5][6] - Exponence emphasizes understanding geopolitical constraints versus preferences when making investment decisions [19][20] - The firm leans towards a value-oriented investment approach, balancing fundamentals with environmental changes [21] Equity Market & AI - The market's earnings expectations for hyperscale AI companies are viewed with skepticism over the next one to two years [8][9] - It remains to be seen whether AI's productivity benefits will translate into sustained earnings for individual companies [9] International Markets - Europe is seen as an interesting market for the balance of the year due to fiscal space, reduced intracontinental barriers, and favorable regulatory environment [10][11] - The firm is bullish on European private equity and domestically focused sectors like telecommunications [12] Private Markets & Alternative Investments - Private markets are primarily an institutional play, with tailwinds for European small-cap and private markets [13] - Including private markets in long-dated target date or target risk portfolios for retail investors (through 401ks) is acceptable with appropriate guard rails [15]

Private equity is enjoying a renaissance in an unlikely place https://t.co/VvjBkUnyhm ...

Compensation Trends in Family Offices - The number of family offices has tripled since 2019, reaching over 4500 worldwide [1] - Median compensation for CEOs of investment-focused family offices exceeds $800,000 [1] - Median compensation for CIOs is $900,000 [1] - CEOs of large investment-focused family offices (with over $1 billion in assets) average over $3 million annually [2] - More than half of family offices offer executives co-investments alongside the family [3] - Some family offices offer carried interest or a share of investment profits and profit sharing [3] Drivers and Strategies - Rising pay is driven by performance as family offices become more like private equity firms [2] - Family offices are increasingly investing directly in private companies [2] - Family offices are hiring private equity executives and paying them more like private equity firms [3] - Family offices provide a dedicated representative to ensure clients are not being overcharged by larger institutions [9]

Inside Private Equity’s $29 Trillion Retirement Savings Grab https://t.co/ThbiV3UcIz https://t.co/ThbiV3UcIz ...

The largest public pension plan in the US is committed to private equity, according to CEO Marcie Frost, even as the asset class has struggled to return cash to its investors amid a prolonged deal slump. https://t.co/iC9q1C9Pd8 ...

Private Equity & Retirement Savings - Private Equity 行业正在争夺 29 Trillion 美元的退休储蓄市场 [1] Workplace Dynamics - Coldplay 事件揭示了办公室恋情的一些启示 [1]

Private Equity & Retirement Savings - Private Equity 行业正在积极进入 29 Trillion 美元的退休储蓄市场 [1]