Paul Carbone, Co-founder & President of Pritzker Alternative Strategies and Co-founder & Vice Chairman of Pritzker Private Capital

Host Todd S. Rich speaks with Paul Carbone, Co-founder & President of Pritzker Alternative Strategies and Co-founder & Vice Chairman of Pritzker Private Capital, to discuss his career in investing, the development of family capital platforms, and the role of flexibility in long-term ownership. Paul discusses his professional journey, perspectives on private markets, succession planning, family office collaboration, and the influence of personal experience on leadership and civic engagement.

Topics:

(00:00:00) - Intro

(00:02:05) - Paul’s personal declaration: family and inspiration

(00:04:37) - Paul’s early life and career beginnings

(00:08:21) - Transition to investment banking

(00:11:49) - From investment banking to principal investing

(00:15:04) - The appeal of family capital

(00:23:08) - Building Pritzker Private Capital

(00:28:37) - Navigating competitive dynamics with long duration capital

(00:30:03) - The misconception of patient capital

(00:31:27) - Balancing family capital in competitive markets

(00:33:31) - Transitioning leadership and succession planning

(00:35:59) - Launching Pritzker Alternative Strategies

(00:37:52) - Investing in managers and funds

(00:40:27) - Opportunities in private equity and alternative markets

(00:44:31) - The role of family offices and networks

(00:51:25) - Civic engagement and philanthropy

(00:55:31) - Closing thoughts and reflections

Host Todd S. Rich LinkedIn: https://www.linkedin.com/in/todd-s-rich-6a091333/

Paul Carbone LinkedIn: https://www.linkedin.com/in/paul-carbone-82a1237/

declarations. podcast LinkedIn: https://www.linkedin.com/company/the-declarations-podcast 

Declaration Partners Website: https://www.declarationpartners.com/

The Road to Serfdom by F.A. Hayek: https://a.co/d/0cgrhvhq