Cash Trumps Politics

Results of Annual Semaphore PE Industry Confidence Survey It’s all about the cash. Reversing a trend, my industry colleagues seem to have the wind at their backs when it comes to their personal income and business expectations – this despite a decided lack of...

No Sand Between Our Toes 2012

But our LPs are very happy that we don’t have summer tans. This is the fifth edition of our summer blast. OK, it should be titled “Some Sand Between Our Toes”. We’ve actually had the fortune of enjoying both a busy period and a highly efficient...

Results of 6th Annual Semaphore PE Industry Confidence Survey

Confidence at All Time High Results of 6th Annual Semaphore PE Industry Confidence Survey Is irrational exuberance on the horizon? Will the Merry-Go-Round ever stop? Can the Masters of the Universe continue to rule? Notwithstanding the recent February Dow swoon the...

Semaphore’s 2022 Confidence Survey Results Are In!

“Remember in March/April of 2020 we thought every fund portfolio would crash? The joke is on others not smart enough to be in our biz – not even a global pandemic can kill us.” That was the first comment entered in the 14th Annual Semaphore Confidence Survey. It...