Michael Wallach, Vice President of Investment at Levy Family Partners sits down with David Weisburd to discuss the unexpected challenges of working at a family office, how to leverage expert insights to drive high-impact investments, and critical mistakes LPs should always avoid.

@dweisburd (David Weisburd)

Michael Wallach: https://www.linkedin.com/in/mike-wallach-8b75291/

David Weisburd: https://www.linkedin.com/in/dweisburd/

(0:00) Episode Preview

(1:51) Investment strategy and differentiation in alpha/beta strategies

(3:34) Sourcing and diligence process for direct deals

(6:31) Managing portfolio drawdowns and liquidity

(8:12) Importance of data room contents for decision making

(9:45) Emphasis on reputation in investment decisions

(10:53) Asset class allocation and planning

(11:47) Key takeaways from experiences at Levy Family Partners

(14:21) Pain points for GPs and LPs' leverage points

(15:57) Unique advantages and advice for family office operations

(17:25) Closing remarks