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...
The Semaphore Confidence Survey respondents are truly prescient. If America had only listened to our results last year it would have saved the American people over a Billion dollars in advertisements and political machinations in the just concluded presidential...
I had a lovely lunch at a great sushi place last week with a Limited Partner to whom I’d just become acquainted, nothing unusual there – except that the place is just a few runners strides from the finish line of the Boston Marathon. It was barely two days after the...
Apocalyptic Future or Salvation? A few days ago Luisa Beltran of PE Hub asked whether and what we should call the now popular appellation “Zombie Funds”. I responded to her with the following: “Here at Semaphore we call them “clients”. No need for a pejorative...
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...
Why our feet are not stuck in the mud. I truly thought we might be skipping this 7th annual post – or have to retitle it “Feet Stuck in Mud”. The cycle of summer seems to start only after the kids leave school and then return. My wife Tricia used to say “summer starts...
