

Making Billions: The Private Equity Podcast for Fund Managers, Alternative Asset Managers, and Venture Capital Investors
Ryan Miller
Making Billions with Ryan Miller — The Wolf of Alt Street — is the definitive top 2% ranked podcast for fund managers who want to raise capital and gain a competitive edge in private markets.Are you a fund manager trying to raise capital? Do you want to know how the top 0.01% in finance actually build and scale their funds?THE HOSTRyan Miller — fund manager, capital strategist, and former CFO turned angel investor in technology and energy — delivers the unfiltered playbook serious fund managers use to raise capital and compete at the highest level across:· Capital Raising & LP Relations· PE Deal Sourcing & Acquisition Strategy· Value Creation & Exit Strategies· Private Credit, Venture Capital & AI in Fund ManagementTHE SHOWMaking Billions: The Private Equity Podcast for Fund Managers, Alternative Asset Managers, and venture capital investors alternate between two powerful formats every week:Expert interviews with top fund managers, family office allocators, institutional investors, and alternative asset operators who have done it at the highest level — and Making Billions Academy episodes where Ryan delivers solo masterclasses teaching the exact finance principles and capital raising frameworks serious fund managers need to compete and win in private markets.New episodes every week. No theory. No fluff. Just the playbook.This is the show your competitors hope you never find.How do you raise capital for a fund?👉 https://go.fundraisecapital.co/applyFor educational purposes only. Not financial, legal, or investment advice. Not a solicitation. Full disclaimer here:https://making-billions.com/disclaimer
Episodes
Mentioned books

Mar 30, 2026 • 25min
New Law Opens $12.5 Trillion in 401(k) Capital to Fund Managers
Send us Fan MailLEARN THE CAPITAL RAISING STRATEGIES AND FRAMEWORKS used by alternative asset professionals: https://go.fundraisecapital.co/applyDOWNLOAD: The 401 K Access Roadmap For Alternative Fund Managers: https://go.fundraisecapital.co/401k-access-roadmapIs your fund missing the biggest regulatory shift in a decade?On August 7, 2025, President Trump signed the historic Executive Order "Democratizing Access to Alternative Assets for 401(k) Investors," effectively ending the "red light" era for private equity in retirement plans. This is not just a policy change; it is the total destruction of the barriers that kept $12.5 trillion in retirement capital locked in "tired" mutual funds. For the first time, the door is wide open for private equity, private credit, and real estate to become the new standard in American retirement.[THE HOST]: Ryan Miller is a fund manager, capital strategist, and former CFO turned angel investor in technology and energy. He is the founder of Fund Raise Capital and Aequor Capital Partners, and has mentored over 1,000 fund managers across private equity, private credit, venture capital, real estate, and alternative assets globally.Subscribe on YouTube:https://www.youtube.com/channel/UCTOe79EXLDsROQ0z3YLnu1QQConnect with Ryan Miller:Linkedin: https://www.linkedin.com/in/rcmiller1/The Fresh Patch Podcast - Where Good Pets Get It. Welcome to the Fresh Patch Podcast where we talk about everything, from dog...Listen on: Apple Podcasts Support the showDISCLAIMER: This podcast is for entertainment and general informational purposes only — not legal, financial, tax, or investment advice. Nothing herein constitutes a solicitation or offer to buy or sell any security or investment product. Past performance does not indicate future results. Always consult qualified legal, financial, and tax professionals before making any investment decision. NAME NOTICE: "Making Billions with Ryan Miller" reflects the profile and aspirations of guests featured — it is not a promise, projection, guarantee, or representation of any financial result, income, or outcome for any listener, viewer, or reader. Most individuals who consume this content do not raise any particular amount of capital, and many achieve no financial result whatsoever. "Fund Raise Capital" is a brand identifier only — it is not a promise, guarantee, or representation that any member, subscriber, or listener will raise capital, attract investors, or achieve any financial or professional outcome. This show does not constitute a business opportunity, franchise, investment program, or offer of any product or service of any kind. No part of this show should be construed as a solicitation for investment in any way. Guest views are their own and do not necessarily reflect those of the show or host. Host and/or guests may hold positions in assets discussed. This episode may contain paid sponsorships, advertisements, or endorsements. Sponsored content is identified where...

Mar 23, 2026 • 42min
Is Private Equity Actually the Best Guardian of Family Businesses?
Send us Fan Mail"RAISE CAPITAL LIKE A LEGEND: https://go.fundraisecapital.co/apply"How to Institutionalize a Family Office Mindset in Private EquityEver wondered how a $1 billion private equity firm protects family legacies while delivering market-beating returns? In this episode of Making Billions, host Ryan Miller interviews Andy Unanue, Managing Partner of AUA Private Equity, to break down the exact framework for institutionalizing a family office mindset into a scalable investment platform. This is the essential guide for fund managers, family office principals, and venture capital investors who want to master control investing and portfolio company governance. Learn how to maintain control without being "controlling" and why treating founders with respect is the most effective underwriting filter for long-term private equity success.[THE HOST]: Ryan Miller is a fund manager, capital strategist, and former CFO turned angel investor in technology and energy. He is the founder of Fund Raise Capital and Aequor Capital Partners, and has mentored over 1,000 fund managers across private equity, private credit, venture capital, real estate, and alternative assets globally.[THE GUEST]: AThe Fresh Patch Podcast - Where Good Pets Get It. Welcome to the Fresh Patch Podcast where we talk about everything, from dog...Listen on: Apple Podcasts Support the showDISCLAIMER: This podcast is for entertainment and general informational purposes only — not legal, financial, tax, or investment advice. Nothing herein constitutes a solicitation or offer to buy or sell any security or investment product. Past performance does not indicate future results. Always consult qualified legal, financial, and tax professionals before making any investment decision. NAME NOTICE: "Making Billions with Ryan Miller" reflects the profile and aspirations of guests featured — it is not a promise, projection, guarantee, or representation of any financial result, income, or outcome for any listener, viewer, or reader. Most individuals who consume this content do not raise any particular amount of capital, and many achieve no financial result whatsoever. "Fund Raise Capital" is a brand identifier only — it is not a promise, guarantee, or representation that any member, subscriber, or listener will raise capital, attract investors, or achieve any financial or professional outcome. This show does not constitute a business opportunity, franchise, investment program, or offer of any product or service of any kind. No part of this show should be construed as a solicitation for investment in any way. Guest views are their own and do not necessarily reflect those of the show or host. Host and/or guests may hold positions in assets discussed. This episode may contain paid sponsorships, advertisements, or endorsements. Sponsored content is identified where...

Mar 16, 2026 • 24min
Family Office Playbook: How to Raise Capital From Family Offices
How to tap the $5.5T family office market and why it differs from pensions and endowments. Practical prep steps for outreach, including target lists, research, and warm intros. Tools and databases to find decision-makers and qualify prospects. Tactics to pitch portfolio fit, use co-investments to open doors, and secure a sponsor family office to unlock networks.

Mar 9, 2026 • 54min
Pattern Matching vs Founder Psychology: What Actually Wins
Send us Fan Mail"RAISE CAPITAL LIKE A LEGEND: https://go.fundraisecapital.co/apply"How do you spot billion-dollar founders? Ryan Miller (Angel Investor) and Kristina Simmons (Overwater Ventures) identify the "Answer-First" framework—evaluating founder psychology and commercialization potential over traditional pitch decks—as the key to elite early-stage investing on this episode of Making Billions.Subscribe on YouTube:https://www.youtube.com/channel/UCTOe79EXLDsROQ0z3YLnu1QQConnect with Ryan Miller:Linkedin: https://www.linkedin.com/in/rcmiller1/Instagram: https://www.instagram.com/ryanmilleroffical/X: https://x.com/_MakingBillionsWebsite: https://making-billions.com/[THE HOST]: Ryan Miller is a recovering CFO turned angel investor in technology and energy.[THE GUEST]: Kristina Simmons is founder and Managing Partner at Overwater Ventures.The Fresh Patch Podcast - Where Good Pets Get It. Welcome to the Fresh Patch Podcast where we talk about everything, from dog...Listen on: Apple Podcasts Support the showDISCLAIMER: This podcast is for entertainment and general informational purposes only — not legal, financial, tax, or investment advice. Nothing herein constitutes a solicitation or offer to buy or sell any security or investment product. Past performance does not indicate future results. Always consult qualified legal, financial, and tax professionals before making any investment decision. NAME NOTICE: "Making Billions with Ryan Miller" reflects the profile and aspirations of guests featured — it is not a promise, projection, guarantee, or representation of any financial result, income, or outcome for any listener, viewer, or reader. Most individuals who consume this content do not raise any particular amount of capital, and many achieve no financial result whatsoever. "Fund Raise Capital" is a brand identifier only — it is not a promise, guarantee, or representation that any member, subscriber, or listener will raise capital, attract investors, or achieve any financial or professional outcome. This show does not constitute a business opportunity, franchise, investment program, or offer of any product or service of any kind. No part of this show should be construed as a solicitation for investment in any way. Guest views are their own and do not necessarily reflect those of the show or host. Host and/or guests may hold positions in assets discussed. This episode may contain paid sponsorships, advertisements, or endorsements. Sponsored content is identified where...

Mar 2, 2026 • 26min
2026 Liquidity Trap: How Top Fund Managers Pay Investors In Illiquid Markets
A masterclass on manufacturing liquidity when IPOs are closed. Deep dives into NAV facilities as fund-level loans and single-asset continuation vehicles to reset fund timelines. Tactical coverage of strip sales, preferred equity structures, and dividend recaps to generate cash. Advanced moves like securitization and collateralized fund obligations are explained for navigating a $3.2 trillion backlog.

Feb 23, 2026 • 59min
The $10B Real Estate Strategy: Investors Want One Roof More Than 52 Doors
Send us Fan Mail"RAISE CAPITAL LIKE A LEGEND: https://go.fundraisecapital.co/apply"How do you turn a single student rental house into a $10 billion real estate empire? In this episode of Making Billions, host Ryan Miller sits down with Jason Castellan, the Co-Founder and CEO of Skyline Group of Companies, to deconstruct the journey of building one of Canada’s most successful private equity and alternative asset management firms.Jason reveals the three major inflection points that shifted Skyline from a small-town operation in Guelph, Ontario, to an institutional powerhouse.Whether you’re interested in syndications, REIT structures, or clean energy infrastructure, Jason’s "Crawl, Walk, Run" philosophy provides the blueprint for sustainable growth and multi-generational wealth.Subscribe on YouTube:https://www.youtube.com/channel/UCTOe79EXLDsROQ0z3YLnu1QQConnect with Ryan Miller:Linkedin: https://www.linkedin.com/in/rcmiller1/Instagram: https://www.instagram.com/makingbillionspodcast/X: https://x.com/_MakingBillionsWebsite: https://making-billions.com/[THE HOST]: Ryan Miller is a recoThe Fresh Patch Podcast - Where Good Pets Get It. Welcome to the Fresh Patch Podcast where we talk about everything, from dog...Listen on: Apple Podcasts Support the showDISCLAIMER: This podcast is for entertainment and general informational purposes only — not legal, financial, tax, or investment advice. Nothing herein constitutes a solicitation or offer to buy or sell any security or investment product. Past performance does not indicate future results. Always consult qualified legal, financial, and tax professionals before making any investment decision. NAME NOTICE: "Making Billions with Ryan Miller" reflects the profile and aspirations of guests featured — it is not a promise, projection, guarantee, or representation of any financial result, income, or outcome for any listener, viewer, or reader. Most individuals who consume this content do not raise any particular amount of capital, and many achieve no financial result whatsoever. "Fund Raise Capital" is a brand identifier only — it is not a promise, guarantee, or representation that any member, subscriber, or listener will raise capital, attract investors, or achieve any financial or professional outcome. This show does not constitute a business opportunity, franchise, investment program, or offer of any product or service of any kind. No part of this show should be construed as a solicitation for investment in any way. Guest views are their own and do not necessarily reflect those of the show or host. Host and/or guests may hold positions in assets discussed. This episode may contain paid sponsorships, advertisements, or endorsements. Sponsored content is identified where...

Feb 16, 2026 • 10min
Private Equity Secrets: Don’t Buy A Company’s Stock, Just Buy Its Assets
Send us Fan Mail"RAISE CAPITAL LIKE A LEGEND: https://go.fundraisecapital.co/apply"DOWNLOAD: A decision matrix on Stock versus Asset Purchases at https://go.fundraisecapital.co/stock-vs-assetStop buying companies like a gambler and start engineering your private equity deals for maximum protection and predictable outcomes. In this masterclass on deal structuring, host Ryan Miller breaks down the critical differences between a Stock Purchase vs. Asset Purchase and why your choice of acquisition structure is the single most important decision in your fund management strategy for 2026. We dive deep into the mechanics of asset carve outs, the legal reality of successor liability, and how to use intentional deal design to isolate risk while preserving operational continuity. Learn from real-world case studies like Facebook’s acquisition of Instagram, Bank of America’s Countrywide catastrophe, and the PayPal-eBay split to see how the world's best investors navigate due diligence and risk management.If you want to master alternative asset management, learn how to raise capital, and build a high-performance investment machine that survives the future you can’t see, this episode of Making Billions is your definitive guide to professional dealmaking in the new era of private markets.Subscribe on YouTube:https://www.youtube.com/channel/UCTOe79EXLDsROQ0z3YLnu1QQConnect with Ryan Miller:Linkedin: Support the showDISCLAIMER: This podcast is for entertainment and general informational purposes only — not legal, financial, tax, or investment advice. Nothing herein constitutes a solicitation or offer to buy or sell any security or investment product. Past performance does not indicate future results. Always consult qualified legal, financial, and tax professionals before making any investment decision. NAME NOTICE: "Making Billions with Ryan Miller" reflects the profile and aspirations of guests featured — it is not a promise, projection, guarantee, or representation of any financial result, income, or outcome for any listener, viewer, or reader. Most individuals who consume this content do not raise any particular amount of capital, and many achieve no financial result whatsoever. "Fund Raise Capital" is a brand identifier only — it is not a promise, guarantee, or representation that any member, subscriber, or listener will raise capital, attract investors, or achieve any financial or professional outcome. This show does not constitute a business opportunity, franchise, investment program, or offer of any product or service of any kind. No part of this show should be construed as a solicitation for investment in any way. Guest views are their own and do not necessarily reflect those of the show or host. Host and/or guests may hold positions in assets discussed. This episode may contain paid sponsorships, advertisements, or endorsements. Sponsored content is identified where...

5 snips
Feb 9, 2026 • 33min
Ditch Your Stocks: The New Wealth Strategy Wall Street Won’t Tell You
Tony Davidow, Senior Alternatives Investment Strategist at Franklin Templeton and author/podcaster on private markets, explains why traditional 60/40 portfolios are breaking down. He explores how private equity, credit, and real assets become the new foundation. Short takes cover allocation sizing, treating illiquidity as a design choice, evergreen funds, and mapping alternatives to growth, income, defense, and inflation hedging.

12 snips
Feb 2, 2026 • 10min
How to Raise Capital From Institutional Investors
A master class on what institutions actually look for when allocating capital. Topics include why strong returns alone fail, the silent professional no, and how institutions underwrite downside and career risk. Practical strategies covered: creating an institutional lane, enforcing minimums, clear governance, standardized decision documentation, and steady reporting to earn trust.

Jan 26, 2026 • 26min
Pre-Seed Secrets: What Investors Really Look for (It’s Not Your Pitch Deck!)
Send us Fan Mail"RAISE CAPITAL LIKE A LEGEND: https://go.fundraisecapital.co/apply"Stop picking founders the old school way—it’s the fastest path to investment failure in 2026. In this episode of Making Billions, Ryan Miller sits down with Joe Alalou, General Partner at Daring Ventures, to reveal the new blueprint for Pre-Seed and Venture Capital success. Joe shares the "Daring Ventures" filter for identifying generational founders, in an era where AI has turned technical skills into a commodity, the "alpha" has shifted to human traits that machines can't replicate: grit, tenacity, and an undeniable right to win. This isn't just a manifesto on investing; it's a tactical guide to navigating the 2026 investment climate, mastering deal flow, and scaling a fund when information is incomplete.Subscribe on YouTube:https://www.youtube.com/channel/UCTOe79EXLDsROQ0z3YLnu1QQConnect with Ryan Miller:Linkedin: https://www.linkedin.com/in/rcmiller1/Instagram: https://www.instagram.com/makingbillionspodcast/X: https://x.com/_MakingBillionsWebsite: The Fresh Patch Podcast - Where Good Pets Get It. Welcome to the Fresh Patch Podcast where we talk about everything, from dog...Listen on: Apple Podcasts Support the showDISCLAIMER: This podcast is for entertainment and general informational purposes only — not legal, financial, tax, or investment advice. Nothing herein constitutes a solicitation or offer to buy or sell any security or investment product. Past performance does not indicate future results. Always consult qualified legal, financial, and tax professionals before making any investment decision. NAME NOTICE: "Making Billions with Ryan Miller" reflects the profile and aspirations of guests featured — it is not a promise, projection, guarantee, or representation of any financial result, income, or outcome for any listener, viewer, or reader. Most individuals who consume this content do not raise any particular amount of capital, and many achieve no financial result whatsoever. "Fund Raise Capital" is a brand identifier only — it is not a promise, guarantee, or representation that any member, subscriber, or listener will raise capital, attract investors, or achieve any financial or professional outcome. This show does not constitute a business opportunity, franchise, investment program, or offer of any product or service of any kind. No part of this show should be construed as a solicitation for investment in any way. Guest views are their own and do not necessarily reflect those of the show or host. Host and/or guests may hold positions in assets discussed. This episode may contain paid sponsorships, advertisements, or endorsements. Sponsored content is identified where...


