Portfolio Strategy
Portfolio Strategy & Investment Risk
Portfolio construction, risk appetite, liquidity, leverage and resilience — considered together, in the context of the institution's objectives and constraints.
Learn more →Independent institutional investment advisory
Independent Perspective for Long-Term Capital
Long Capital View helps pension funds, endowments, foundations and family offices make consequential investment decisions with greater clarity.
静观致远
Observe calmly. Think beyond the immediate. Invest with the long term in view.
What we do
Advice shaped around the institution, not the transaction.
We bring a whole-portfolio lens to strategy, private markets and governance. The work is independent, senior-led and designed to improve decisions rather than produce more process.
Private Markets
Private Markets Advisory
Independent advice on private equity, private credit, infrastructure, real estate and external managers, from opportunity assessment through portfolio fit.
Learn more →Governance
Investment Governance & Strategic Advisory
Clearer decision rights, stronger committee materials and practical frameworks that connect investment judgment with fiduciary accountability.
Learn more →The Long Capital View
Research for investors who cannot afford to think quarter to quarter.
Essays on capital, risk, incentives and governance — written to help investment committees ask better questions.
Policy · Capital
The Tariff Canada Imposes on Itself
Washington's tariffs are visible and politically explosive. Canada's internal barriers are quieter — and may be more damaging.
ALM · Strategy
Why Your ALM Strategy Might Be Doomed to Mediocre Returns
A Nash equilibrium wake-up call for asset–liability management, and why crowding into private credit dampens the very premium it was meant to capture.
Geopolitics · Energy
Caracas Captured, Ottawa Exposed
Why the fall of Maduro threatens Canada's energy leverage six months before the USMCA review.
A considered conversation
Good advice begins with the right question.
For institutions facing a consequential portfolio, private-market or governance decision, we welcome a confidential conversation.
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