Jon Harris – Investing in People at AIM (Capital Allocators, EP.105)

Jon Harris is the CEO of Alternative Investment Management, a twenty-year-old investment firm that started as a family office and has evolved into managing $1 billion in hedge fund and private equity strategies on behalf of a range of fascinating business and investment executives.  Our conversation starts with the formation of AIM and its people-based investment approach.  We discuss building a network to source and diligence managers, filtering the universe of prospects, understanding the motivations of managers, conducting reference checks, and using the information they gather. We then turn to AIM’s private equity strategy, including selecting managers, the misalignment of interests in co-investments, and the death by a thousand cuts of hidden fees.  We close talking about the continued purpose of hedgeD funds, due diligence tricks, preparing for unexpected risk, managing time, and philanthropy. Learn More Read the Transcript Subscribe to the Capital Allocators Blog or Monthly Mailing List Don't Subscribe, but Let Us Know Who You Are Write a review on iTunes Follow Ted on twitter at @tseides Review past episodes of the Podcast