Alternative Insight
Alternative Insight
Aztec Group
Alternative Insight brings together the Aztec Group's expertise across the alternative investment sector's hottest topics, from structures and regulation to ESG, technology, fund operations and market insights.
Emerging trends in private debt
What are the emerging trends in the private debt market, and is debt becoming a more reliable asset class than private equity? In this episode, we discuss the growth and accessibility of the asset class, the macroeconomic landscape, and the future outlook of the private debt sector.Kevin Hogan, Group Head of Private Debt at the Aztec Group, is joined by our special guests, Alastair Baird of Rede Partners and Stuart Hawkins of Ardian.
Dec 13, 2022
32 min
Solving the ESG data challenge
In this episode of the Alternative Insight podcast, James Gow, Chief Client Officer at Aztec, is joined by Maria Liby-Troein, Associate Partner at Bain & Company, and Lise Alm, Chief Strategy Officer at WorldFavor, as we attempt to solve the ESG data challenge in private markets.We discuss the challenges and obstacles managers are facing in providing ESG data to investors – and regulators, how a lack of standardisation is making ESG benchmarking more difficult, and the effect regulation has had on ESG data collection and distribution.
Dec 6, 2022
27 min
Data ethics: the dos and don'ts of data
As private markets become more data driven, it’s essential for managers to understand the ethical challenges that arise in terms of how we collect, manage, and utilise data. In this episode of the Alternative Insight podcast, Tom Bennett, Head of Innovation at the Aztec Group is joined by Dan Hughes, Founder of Alpha Property Insight and Sue Chadwick, Strategic Planning Advisor Pinsent Masons LLP, as we discuss the key principles of data ethics, why they matter, and explore some real-life examples of data ethics application in practice.
Nov 18, 2022
33 min
Your LP data demands decoded
In our latest podcast episode, we discuss how investor data demands have evolved over time, and how they could change going forwards. We also consider how data can be used to drive investment decision making, and how important standardisation is to private markets participants looking to harness the power of data in their business.In this episode, Jon Ball, Client Development Director at Aztec, is joined by Paolo Alonzi, Board Member at AREF, Martin Bresson, Public Affairs Director at Invest Europe and Simon Robinson, Head of Portfolio Management at M&G Alternatives as we attempt to decode LP’s data demands.If you like what you heard, head to Spotify, Apple Podcasts or wherever you listen to podcasts, find Alternative Insight podcast by the Aztec Group and hit the subscribe button, so that you receive all future episodes as soon as they’re published!
Nov 15, 2022
35 min
ESG metrics in real estate
In epsiode 6 of Alternative Insight, we focus on proposals submitted to the Financial Conduct Authority on the introduction of ESG metrics for real estate. Joining Ed Bellew, Director at Aztec, is Bahar Yay Celik from INREV, the European Association for Investors in Non-Listed Real Estate Vehicles, and Oliver Light from Carbon Intelligence, on behalf of the Association of Real Estate Funds (AREF).
Jun 22, 2022
19 min
Macro trends and influences in Private Debt
In the second part of our Alternative Insight episode focusing on private debt, we explore the impact of the current economic environment on the private debt markets and underlying portfolio businesses. Our host Peter Brown is again joined by Mat James from RBS International, Jamie Macpheson from Macfarlanes, Robin Kennedy from Ernst and Young, and Richard Phillips from Aztec.
Jun 16, 2022
34 min
LIBOR changes and transition in Private Debt
In this episode of our Alternative Insight podcast series, we discuss recent changes to LIBOR and the wider impact of these changes on the private debt markets. Our host Peter Brown is joined by Mat James from RBS International, Jamie Macpheson from Macfarlanes, Robin Kennedy from Ernst and Young, and Richard Phillips from Aztec.
Jun 8, 2022
28 min
SFDR, one year on: The market view
In this episode of Alternative Insight podcast series, we discuss all things SFDR, ESG and data convergence with Elin Ljung of Nordic Capital and Harry Briggs of KPMG. The roundtable is hosted by Aztec's Chief Client Officer, James Gow.
Mar 22, 2022
34 min
The challenges of a changing mid-market
Mid-market private equity has been the cornerstone of the industry since it began, coming to define the asset class as a whole.In this episode of Alternative Insight, we turn to the rapidly changing environment that’s creating challenges for many fund managers in the mid-market space. We’ll discuss how these managers are evolving and what this means for the rest of the mid-market.
Mar 16, 2022
8 min
Waterfall calculations: Behind the smoke screen
The distribution waterfall is one of the key components of the private markets model. But how do waterfall calculations work in practice and why is this crucial mechanism so important?In this episode, we provide an overview of the waterfall model and the carried interest process, including definitions of carried interest, typical cash flow movements, waterfalls in practice, what could go wrong - and how to keep things on track.
Jan 21, 2022
15 min