Marc Sacks is Chairman of Mesirow Private Equity a member of the Private Equity Investment Committee and is involved in all aspects of the private equity investment process  Marc has more than 25 years of experience and has participated in the approval of investment commitments to more than 300 US and European private equity partnerships has served as a member of the investor advisory boards of …

Market Jitters Continue but Private Credit Investors Seek Opportunity The market has taken a step back this past week in light of considerable uncertainty in the banking sector However private credit investors will be quick to point out that they remain insulated from the volatility in the banking world given their funding sources (institutional investors pension funds high-net-worth individuals…

Expo West Highlights Trends as March Momentum Holds Strong Despite ongoing market volatility in March the food & beverage M&A landscape remained resilient Beverages (~25% distribution (~20% packaged food (~33% and restaurants (~15% led the deal mix with mega deals (> $1B accounting for over 10% of monthly activity Continue reading

Marcin Bednarczyk is a Senior Vice President and Senior Portfolio Manager in Mesirow Currency Management He is a member of the team responsible for the ongoing implementation of investment client portfolios and interacting with the group’s global and diverse client base Marcin has nearly 20 years of currency management experience Before joining Mesirow Marcin served as Senior Portfolio Manager at…

Marion Soriano is an Administrative Associate in Mesirow Institutional Real Estate Direct Marion has over 35 years of experience as an administrative professional Prior to joining Mesirow Marion served in various administrative roles at Shannon Advisors and Eroom Securities LLC Marion received a Certificate in Accounting from Heald Business College  

Mark Whitaker is a Senior Managing Director and Head of Municipal Sales and Research in Mesirow’s Institutional Sales and Trading division He is head of the municipal research team with a specialized focus on high-yield securities and plays an integral role on both the credit commitment and senior risk committees Mark has 16 years of experience in financial markets with twelve of those years…

It’s often hard to tell the difference between relevant market information and noise That’s why every quarter our Market Observations newsletter lets you know what articles our advisors are using to form ideas and shape opinions Take a look at what caught our eye this quarter, MESIROW, Tariffs and market impact, Following President Trump’s tariff announcement on April 2 Mesirow shared some perspectives on the announcement and market reaction along with ideas for how to navigate periods of uncertainty The announcement policy turned out to be much more drastic than markets expected resulting in sharp selloffs across most equity markets Though the full impact of the change in trade policy is still…, Four questions you should ask to combat the market chaos, Human nature leads us to weigh recent information heavily in our decision-making process So when volatile markets like those in early April suddenly interrupt periods of relative calm the drastic changes in market prices can make you feel you need to respond with drastic changes in your own portfolio However investing is a much different activity than responding to the natural stimuli for which…, A world of tariffs, Following Novembers election markets had begun to price in an expectation of tariffs — a major campaign promise of President Trump Even still the Rose Garden announcement managed to spook global stock and bond markets as the magnitude of the trade policies announced were far more extreme than what most had anticipated In this commentary the team at First Eagle Investments looks at both the short-…, Why veteran fund manager Steve Romick isnt leaning in hard, The market sell-off that began in mid-February led markets to markets that while down significantly from their peaks still traded at historically elevated levels In this interview with Morningstar FPAs Steve Romick mused that while valuations are down from where they were at the beginning of the year and a little bit further from their peak it’s not like they’re giving stuff away As a result hes…

It’s often hard to tell the difference between relevant market information and noise That’s why every quarter our Market Observations newsletter lets you know what articles our advisors are using to form ideas and shape opinions Take a look at what caught our eye this quarter, MORNINGSTAR, 13 Charts on Q4s Big Postelection Rally - and Late Stumble, In 2024 economic growth growing corporate earnings falling interest rates and a soaring Technology and Artificial Intelligence trade boosted markets to all-time highs The gains were not evenly distributed however as during the fourth quarter growth stocks continued to build on their 2024 gains while other sectors of the market — such as value dividend small cap and international stocks — turned…, On Bubble Watch, Recent years in the market have been unique with the S&P 500 returning over 20% in back-to-back years for only the fifth time in history driven largely by the magnificent seven [Apple Microsoft Alphabet (Google’s parent Amazoncom Nvidia Meta (owner of Facebook WhatsApp and Instagram and Tesla] which accounted for more than half of the indexs 2024 return Further these seven companies now…, Podcast Capital Allocators Interview with Marco Maven Scott Bessent, President-elect Trump recently tapped Scott Bessent as his choice for Treasury secretary Bessent has had a long and successful career as an investor having worked for several legendary hedge fund managers including Jim Rogers George Soros and Jim Chanos before launching his own fund In this wide-ranging conversation with host Ted Seides which was recorded before the election Bessent talks about…

It’s often hard to tell the difference between relevant market information and noise That’s why every quarter our Market Observations newsletter lets you know what articles our advisors are using to form ideas and shape opinions Take a look at what caught our eye this quarter, LINKEDIN, Ten things about Venezuela on oil geopolitics and drugs, I n this commentary Michael Cembalest provides charts and statistics offering an analysis of Venezuela’s strategic significance amid recent geopolitical turmoil He argues that although the country’s current oil production is a minor part of global supply its vast reserves and heavy crude qualities still shape US and global energy policy The piece highlights how oil market fundamentals and…, Warren Buffet A Question of Character, In “Warren Buffett A Question of Character” Roger Lowenstein reflects on Warren Buffett’s retirement at age 95 by highlighting how Buffett’s extraordinary long-term investment success stems not merely from intelligence but from deeply rooted character traits — unwavering integrity patience discipline and a principled long-horizon approach to investing Drawing on Buffett’s own record and letters…, A Few Things Im Pretty Sure About, In this commentary Morgan Housel offers a thoughtful wide-ranging set of reflections on human behavior societal trends and macro forces shaping the year ahead emphasizing how our perceptions and emotional biases influence both personal choices and broader economic outcomes He argues that understanding the unseen drivers of behavior — such as how people rationalize actions the psychological impact…, Vices Virtues and a Little Humor 30 Quotes from Financial History , This post from the CFA Institute curates 30 memorable quotes from the past 200+ years that illustrate the timeless emotional and behavioral forces driving investor success or failure from fear envy and overconfidence to patience discipline and humility The collection is structured around “vices” to avoid “virtues” to cultivate and humorous reflections that underscore how human nature repeatedly…