Dot Investing

Morgan Stanley has published a terrific educational piece on the virtues of semi-liquid evergreen private equity funds. "Semi-liquid evergreen private equity vehicles provide individual investors access to many of the benefits of private equity investing with a better user experience and the potential for long-term compounded returns.” The paper is an easy read and contains some insightful graphics that illustrate the features and benefits of these new fund structures. If you're intrigued by opportunities to more efficiently grow and protect your wealth, the paper is well worth 10 minutes of your time. Speak to your financial advisor. Capital at risk. Kinson Lo Luke Dixon Christine Tsai Felipe Massu David Musu' Chi Lam #privatewealth #familyoffices #privatemarkets https://lnkd.in/eHASkQZQ

""Enshittification" is a theory proposing that the services that matter to us, that we rely on, are turning into giant piles of [poop]." FT Alphaville suggests in its latest article that "IPO enshittification, [is] where the public markets are offered the runt of the litter." The article goes on, "the explosion of private capital...has made public markets less attractive. Companies no longer need IPOs to fund growth; they turn to them when they’re out of options." "This shift isn’t just about a few bad listings; it reflects a fundamental realignment of capital flows. Private markets have ballooned, while the number of public companies in the US has roughly halved since the 1990s. Startups no longer need to go public when they can raise billions from private sources. By the time they reach the public markets, the easy money is gone." If you're a qualified investor and want to learn how you can get exposure to private markets, please get in touch. Protect and grow your wealth. Capital at risk. Kinson Lo Luke Dixon Christine Tsai Felipe Massu David Musu' Chi Lam Aman Verjee, CFA #privatewealth #privatemarkets #familyoffices https://lnkd.in/ebYJw4ui

Dot is a proud supporters of Actis, winner of the award for best ESG investment fund: climate transition. #energytransition Kinson Lo Luke Dixon Christine Tsai Felipe Massu David Musu' Chi Lam

With volatility creeping back into markets investors have become increasingly aware of the need to better diversify their investment portfolios. This timely piece from Schroders lays out the case for adding private markets to enhance and diversify a portfolio of traditional investments. Schroders states that, amongst other things, "Investors who focus solely on the stock market are missing out on a large and growing part of the global economy. Where they can, investors will need to explore private asset options to capture the growing private investable universe." To learn more about the options available to you, reach out to us. Capital at risk. Investments involve risk and you may not get back all of the capital back that you put in. Kinson Lo Luke Dixon Christine Tsai Felipe Massu David Musu' Chi Lam #privatewealth #privatemarkets #familyoffices https://lnkd.in/dbVAaCQB

For many years now the trend has been towards cheap index tracking, particularly for developed market equity exposure. This trend has been fuelled by the under-achievement of active managers and high costs. But over the past couple of years the major equity indices, particularly in the US, have become increasingly concentrated, with only a handful of companies driving the performance and volatility of "broad" market indices. If we zoom out there has been another important trend over the past 20 years: public markets are shrinking relative to private markets. 86% of companies are private, and many of todays most exciting and highest growth companies are private with no plans to go public. So if you invest exclusively in public equity your investment universe is very limited. This limits your ability to diversify and limits your ability to generate performance. There are new, exciting and efficient ways for qualifying investors to access private market investment opportunities. Contact us for more information. Kinson Lo Luke Dixon Christine Tsai Felipe Massu David Musu' Chi Lam #privatewealth #privatemarkets #familyoffices https://lnkd.in/gWUP6tXC

As 2024 draws to a close, we thank our valued clients, partners, and team members for a remarkable year. We successfully launched our revamped platform, added four new funds, and introduced multiple Co-Investment Opportunities that resonated strongly with our investor network. Looking ahead to 2025, we remain committed to leveraging our extensive network to uncover exceptional investment opportunities. We appreciate your continued trust and partnership, and look forward to delivering even more value in the coming year. Wishing you a joyful holiday season! 🎄

The reasons for considering an allocation to private markets extend beyond their performance. With public equity markets shrinking relative to private markets, diversification is another important factor motivating individual investors to seek access to private market assets. Did you know that c. 86% of companies are private and only 14% are public? Moreover, stock indices such as the S&P 500 and FTSE 100 are actually dominated by just their top 10 companies such that most passive approaches to equities are quite concentrated. Passive index equities are cheap but you get what you pay for, as they say. This article in Citywire does a great job of explaining why an allocation to private equity can help diversify your portfolio. If you're still not convinced, get in touch with us! We'll explain how an allocation to genuine private equity can better grow and preserve your wealth. Kinson Lo, Luke Dixon, CFA, CAIA, Felipe Massu, Christine Tsai, Aman Verjee, CFA, Philip B. Wei, Andrew Sams, James Burron, CAIA #privatemarkets #privatewealth #familyoffices #privateequity https://lnkd.in/e478BUBZ

According to a recent survey from NextWealth, only 2% of UK-advised client assets are invested in private markets, compared to 15% globally. Two out of three UK advisers don’t even raise the topic of private markets with their clients. Why? Lack of liquidity and platform accessibility are two reasons. This despite research from industry consultant Cambridge Associates showing that private equity has outperformed public equity by up to 6% per year over multiple timeframes. Research from many others also support the outperformance of private versus public equity. Why would investors be willing to forego so much additional potential return? If genuine private markets were available and accessible in a reasonably liquid format, wouldn't you want to consider an investment in private markets for your portfolio? Kinson Lo, Felipe Massu, Luke Dixon, CFA, CAIA, Christine Tsai, Aman Verjee, CFA, Stephanie M. Shorter, PhD, James Burron, CAIA, Andrew Sams, Philip B. Wei, Davide de Picciotto #privatewealth #familyoffices #privateequity #privatemarkets https://lnkd.in/ehUqrVYf

At Dot we believe in partnering with specialist investment managers for the long term and have been working with Yoo Capital  since seeing the remarkable work they are doing at the transformation of OlympiaUK into a global super-icon which opens in late Summer 2025. Yoo Capital has also partnered with Cirque du Soleil Entertainment Group  at the Saville Theatre, which will bring that historic music venue back to life alongside a brand new flagship citizenM hotels. They have also partnered with Imperial College London in life sciences to create a new flagship through the delivery of the largest life sciences incubator in the UK at Shepherd's Bush Market. Yoo Capital’s approach centres around working with local communities in great locations in London where they have the vision to create attractive uplift through urban regeneration that has positive social impact. Their next mayor project will be the Camden Film Quarter which is set to transform an industrial area of Camden into a new quarter with state of the art film and creative production facilities, schools in film and television, 50% affordable housing and spaces for visitors and local area businesses in film and television. You can read more about the Camden Film Quarter in this recent article in the Evening Standard: https://lnkd.in/eBxCJbKT #London #RealEstate #Regeneration Kinson Lo Luke Dixon, CFA, CAIA Felipe Massu David Musu' Will Dickens Lloyd Lee Stavros Siokos Christine Tsai Rhett Hendrix

At Dot we seek to offer our clients a best-in-class solution for each asset class within private markets. We believe that Practical Venture Capital’s strategy for VC investing is a one stop solution, combining both fund and direct investments in secondary markets, achieving a shorter-term fund with more resilient downside protection through lower entry valuations. PVC 3, which will have a first close later this year, targets 3X DPI in 7 years by buying into existing funds that are already 5-10 years old. PVC is seeking to raise USD 100m for this third vintage, which will be deployed within 3 years in a mixture of LP and GP fund positions, as well as direct company investments. Investments are mostly made in secondary markets, usually at a significant discount to previous fundraising rounds. We believe that the strategy is especially well suited to deploy capital during periods of valuation downturns in VC, making this third vintage a particularly attractive proposition. Contact your Dot sales representative for further information. Capital at risk. Qualified purchasers only. #venturecapital #investments #privatemarkets Luke Dixon, CFA, CAIA Kinson Lo Felipe Massu Aman Verjee, CFA Dave McClure David Musu' Christine Tsai Stephanie M. Shorter, PhD Karin Tenenboim