We believe it is very important from both an alignment and a credibility standpoint to have our own money where our mouths are. The three of us have all of our investable assets in the same investments we recommend to our clients. We wouldn’t have it any other way and are adamant that we are “eating our own cooking”
As important as it is that we eat our own cooking – we are adamant that our investment partners are also invested alongside us and our clients. While co-investment alone can’t promise results, it does help to ensure our financial well-being moves in lockstep with our manager’s. When they do something smart, everyone gains. A not-so-smart maneuver means we both feel the pinch. We each have real dollars on the line to create a clear alignment of interests, and our managers are further incentivized to do the job well and be accountable for it.