Evercore: Flow of Funds with Glenn Schorr

Discover why the future of investing may be less about "products" and more about hyper-personalized service.

In this insightful episode, Glenn Schorr welcomes Tom Lee, Co-President and CIO of Parametric, to break down how direct indexing and tax-aware customization are reshaping the wealth and asset management industries. Key highlights include practical strategies for tax optimization, managing concentrated stock positions, and what sets direct indexing apart from traditional mutual funds or ETFs. The episode also unpacks the competitive landscape, the power of technology and AI, and what investors—both individuals and institutions—should consider as cust...

In this packed episode, Glenn Schorr and his partner Ben Rubin sit down with Lincoln International’s Global Head of Portfolio Valuations Brian Garfield for a discussion covering everything from how you put a price on a private asset that doesn’t trade, why independent valuations and proprietary data are becoming increasingly important as private markets grow, and how the rise of evergreen funds and retail participation is driving the shift from quarterly marks to monthly and even daily valuations. They also dig into how Lincoln uses its unique dataset to assess the health of private markets, what AI and...

Discover why disciplined focus and organic growth are powering ICG’s global ascent—and learn how long-term partnerships with major pension funds and a unique balance sheet approach are setting new standards in private markets. What does it take to build a global asset manager without relying on acquisitions, and how are client relationships evolving as the industry consolidates?

In this episode, Glenn Schorr sits down with David Bicarrequi and Brian Spenner of ICG to unpack the firm’s growth from $15B to nearly $130B in AUM. Hear about ICG’s disciplined expansion in the U.S., their co...

What if the “connective tissue” of asset management, fund administration, and wealth advice isn’t who you think it is? In this episode, Glenn Schorr sits down with Ryan Hicke, CEO of SEI, to pull back the curtain on a 58-year-old financial giant that’s quietly shaping the future of the industry. Find out why leading alternative asset managers are suddenly rushing to outsource, how the explosion of private credit is changing the game, and what SEI is doing to capitalize on the AI revolution. Ryan Hicke also shares candid insights on the company’s culture shift, the evolving wealth man...

In this packed episode, Glenn Schorr sits down with Vista’s President David Breach for a discussion covering everything from how AI won’t kill software, but in fact make it better, how the power of incumbency is helping software adapt, embrace and be the delivery mechanism for agentic tools, and how the industry is looking to rearchitect pricing strategies as we moved from the software-as-a-service world to one of software-as-a-worker. And of course, covered current trends across software private equity and how Vista is thinking about the upcoming debt maturity wall.

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Join Glenn Schorr as he sits down with Lauren Basmadjian, Partner and Global Head of Liquid Credit at Carlyle, for a deep dive into the world of CLOs (Collateralized Loan Obligations).

This episode of Evercore’s Flow of Funds podcast demystifies the CLO market, covering how CLOs are structured, the mechanics of cash flow, the array of risk/return opportunities, and the evolving investor landscape.Lauren Basmadjian draws on her 25 years in the industry to explain how CLOs act as “mini banks,” why the market is so resilient, and which types of investors are drawn...

Glenn Schorr welcomes legendary investor Steve Eisman, renowned for his market-shaking calls before the global financial crisis, to uncover what could be brewing beneath the so-far “safe” surface of private credit and direct lending.

Journey through key moments where Steve Eisman was years ahead of consensus on everything from the dismantling of Glass-Steagall to the demise of subprime lending, to the heart of 2008 itself. Together, they break down why today's market "is not a leverage story," how unprecedented exposure in private credit may drive a rolling cycle of restructurings, and whether the industry’s golden...

What if you could eliminate the anxiety of chasing the highest yield on your cash—and earn thousands in extra income without ever switching banks?

In this episode of Evercore's Flow of Funds, host Glenn Schorr sits down with Gary Zimmerman, founder and CEO of MaxMyInterest, who reveals the secret to turning cash—a supposedly “boring” asset—into a source of meaningful alpha.

You’ll hear how a former investment banker’s frustration during the 2008 financial crisis sparked a fintech platform now managing cash for clients from the “bottom 98% of the top 1%” t...

What if we told you that only around 1% of the massive $17 trillion corporate credit market is managed systematically—leaving a huge opportunity for those who dare to innovate?

In this episode of Evercore's Flow of Funds, host Glenn Schorr sits down with Kelly Young, CEO of Acadian Asset Management, and Scott Richardson, Head of Systematic Credit, for an eye-opening look into the world of systematic credit investing.

You'll get a behind-the-scenes view of how Acadian leverages advanced data science, machine learning, and transparency to bring rigor and discipline to cr...

What if the hidden backbone of America’s Main Street—the massive, complex world of asset-backed finance and alternative credit—was not only bigger than you imagined, but also teeming with overlooked investment opportunities?

In this episode of Evercore's Flow of Funds, host Glenn Schorr sits down with Ivan Zinn, the head of alternative credit at Blue Owl, to give listeners a rare, behind-the-scenes look at how the alternative credit landscape is evolving and why its $10+ trillion market is “hiding in plain sight.”

Key highlights include:

What if the most powerful wealth strategy isn’t about how much you make, but how much you keep?

On this episode of Evercore's Flow of Funds, host Glenn Schorr sits down with elite UBS advisors Nick Pepe and Joe Vogler, who reveal the surprising engine driving massive value for clients: strategic tax planning and holistic wealth coordination that goes far beyond traditional investing.

You’ll discover how this high-performing team turns complex challenges—like business liquidity, intergenerational wealth transfer, and alternative investments—into streamlined, high-touch solutions for 150 ultra-wealthy families. Learn how “tax alpha” can beat market...

What if we told you that Morgan Stanley’s alternative investments platform only lets less than 10% of the funds they review onto their shelves—and that this selectivity is exactly what's turning the entire wealth management industry on its head?

In this episode of the Private Markets and Wealth Forum with Glenn Schorr, you’ll hear how Morgan Stanley’s scale, innovation, and relentless dedication to client outcomes have transformed its alternative investments business from a select group of power users raising $6-$7 billion a year, to a game-changing platform managing over $250 billion.

Jed Fi...

What if the public markets you thought were the center of finance... are no longer the only markets that matter?

Get ready to discover why trillions of dollars are quietly migrating into alternative assets—and what this seismic shift means for everyone from financial advisors to everyday investors.

In this kickoff episode of the Private Markets and Wealth Forum, host Glenn Schorr uncovers the ongoing transformation in capital markets: companies staying private longer, private credit competing with banks, and the rapid "democratization" of alternative investments.

You'll learn how the blurring lines between public an...