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361Firm Weekly Digest 11/18/24

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Dear 361 Community, here are highlights of our Digest for the week of 11/18/24:

TUE. NOV. 19 8 & 11am Briefing #241 on “The Post-Election Adjustment Process” (register); 10:30am ET Town Hall & Prep for the Flagship NY 12/3 Conference (sign up)

WED. NOV. 20 9:30am: Prep Call for Florida 1/25-27 Conf. (sign up); 10:30 Meetups (register)

THUR. NOV. 21: London ATOM II at Science Museum, 361 moderating panel

FRI. NOV. 22: London 361 Breakfast Roundtable @Home House, register interest at 361firm.com/lonatom

DEC. 3: Flagship Global NY Conference - upsized to Cushman & Wakefield’s 1290 6th Ave. HQ event space - see details and register at www.361firm.com/nydec. Speakers now include Tim Draper, Todd Ruppert, Prof. De Kai, actress Serinda Swan, Barbara Doran of CNBC’s Closing Bell, philanthropist Mitzi Perdue, ex-WEF Vice Chair Josette Sheeran, and Mary D’Souza.

LAST WEEK: Briefing “What’s Next for US Economy & Markets?” (video, podcast)

UPDATED PIPELINE: See below. Approved QPs can access on submitting our Allocator Diagnostic

11/19 - 8 & 11AM BRIEFING: POST-ELECTION ADJUSTMENT

11/22 LONDON ROUNDTABLE

On Nov. 22 at 9-11 AM, 361Firm will host Roundtables at Home House at 20 Portman Square. This is the day after 361Firm rejoins the ATOM (Advanced Tomorrow) Summit at the Science Museum focused on "Revolutionising Healthcare and Longevity" on Nov. 21 (note registration for ATOM is now closed).

On Nov. 22, 2024, 361Firm will host a Breakfast Roundtable at Home House at 20 Portman Square. Register at 361firm.com/lonatom. By tradition 361 Roundtables entail interactive rounds:

• Round 1: Simple Intros - your name, firm, what you do in 1-2 sentences, city you were born in, live in and wish to go tonight if given a “magic wand”

• Round 2: fun fact + brief comments on how you can engage with the group per Round 1 intros

• Round 3: Question of the Day - but our default question is what scares/excites you today, in the investment world, and ideally in healthcare and longevity in particular.

To join us on Nov. 22, please take the following steps: (1) fill out the form on 361firm.com/lonatom to be added to our list and (2) register as either a delegate here (note the fee goes up Nov. 20) or as a “Qualified Purchaser” actively allocating to funds and companies which would entitle you to complimentary access if approved after submitting or updating our Diagnostic.

11/12 BRIEFING: WHAT’S NEXT FOR ECONOMY & MARKETS?

For our Flagship NY Global Conference on Dec. 3 (www.361firm.com/nydec), we will have ~100 participants - and we just upsized to Cushman & Wakefield’s 1290 6th Ave. HQ event space. Speakers include Tim Draper, Todd Ruppert, Professor De Kai, Actress and Blueprint for Kids CEO Serinda Swan, Barbara Doran of CNBC’s Closing Bell, philanthropist Mitzi Perdue, ex-WEF Vice Chair Josette Sheeran, Armen Sarkissian, Ron Diamond, Esther Dyson, Mary D’Souza, and many others.

Here is the Program Deck. We host a “Flagship Prep Call” Tue. Nov 12 at 10:30am. See updates and register at www.361firm.com/nydec.

Panels: Investing by Global Regions, Asset Classes, Emerging Industries, Optimizing Philanthropy & NGens

Round 1 Breakouts: VC, PE, Credit/RE, Pub. Markets, Emerging Mgrs, Tax Alts, Asia, LatAm, Europe, GCC

Round 2 Longer Tracks: Real Estate in NYC (see below), Health, Digital Assets, Energy, Philanthropy, AI

361Firm hosts its 8th annual Florida events, with a 4th annual Pickleball Mixer, karaoke, and time to network between panels and roundtables. You can now register “Early Bird“ at 361firm.com/fl25.

Jan. 24 Naples: Informal Drinks and Dinners

Jan. 25 Naples: 9:00 AM Pickleball; 1:00 PM Conference Opens, Panels - AC Hotel; 5:00 PM Breakouts, Reception

Jan. 26 Naples & Miami: 9:00 AM Conference; 12:00 PM  4th Pickleball Mixer; 6:00 PM Miami Reception

Jan. 27 Miami:

11:00 AM Allocator Lunch Session* with Investor Survey results

2:00 PM  Conference Opens, Panels: Global Regions,  Asset Classes

3:00 PM  Breakouts by Regions and Assets, Debrief

3:45 PM  Panels: Emerging Industries, Philanthropy/NextGen

4:45 PM   Breakouts, DeBrief, Reception

Our pipeline looks rather different today than it did a few years ago. We approach from both the buy-side (forming funds or SPVs into funds/companies) and the sell-side where we have 40+ active mandates with funds and companies (some are between vintages or rounds).

PRIVATE CREDIT.  Today, the majority of capital raised or deployed is still in private credit - largely via funds and we are adding more credit funds (litigation finance, specialty niche areas like law firm receivables, space), as well as direct credit deals such as a $35M GP buyout (Project Stone below). When our growth VC clients closed rounds recently, they too welcomed some private credit to accelerate growth ahead of their next rounds (e.g., Project Charger, Project Payback, and Space Perspectives, which just received a $15M commitment from Richard Branson).

ARTIFICIAL INTELLIGENCE  is, of course, "du jour," and AI funds keep trucking, and we have special direct access to Perplexity and OpenAI. 

DEFENSE - DUAL USE - SEMICONDUCTORS. With wars afoot, the defense, dual-use, and semiconductor space keeps growing - e.g., a UK drone producer, three specialist funds, and a credit fund with a lot of exposure to cyber.

ENERGY / INDUSTRIALS. We have both a contrarian O&G secondaries fund (with first close on ~$150M), an energy transition fund, a tire/rubber recycling company, copper mines, LFP battery manufacturing in Europe, and again a credit angle with a focus on natural resources. 

HEALTHCARE. We have a pre-IPO company in breath diagnostics, an AI personalized care company, a caregiver App), and Blueprint for Kids, an app program for K-12 schools focused on mental health and EQ

PUBLIC MARKETS. As for hedge funds, we have a high conviction US equities manager, one focused on Eurasian Recovery ex-Russia, and the former head of AI-ML at Aberdeen scaling AUM with a fintech angle as well to license to wealth managers.

REAL ESTATE. We have a last-mile logistics REIT (aims for 6% annual net yield and 18-22% net IRR over 5 years), a pre-IPO company focused on wellness, and again credit angle via another fund.

If any of the deals or areas above are of interest, reach out to Mark Sanor at msanor@361firm.com.

You can onboard deals via 361firm.com/onb. Some aspects can be added to the No Name Pipeline Excerpt. Mandated clients are added to our Deal Database Shared with 4K+ Allocators. Allocators can access deal decks by attesting to QP status via our Diagnostic.

Nov. 21: London ATOM II at Science Museum, 361 moderating panel - reg. interest at 361firm.com/lonatom

Nov. 22: London 361 Breakfast Roundtable @Home House, register interest at 361firm.com/lonatom

Dec. 3: NY Flagship Global Conference, 361firm.com/nydec

Dec. 5: Institute for Family Governance, Miami Conference (361 attending)

Jan. 21: 250th Tuesday Briefing, register at www.361firm.com/250

Jan. 24-27: 8th Naples & Miami Conferences, 361firm.com/fl25

Jan. 27*: Miami Hybrid Allocator Lunch before Miami Conference

Feb 4-5: Riyadh “World With Purpose” Summit 2 - register interest at 361firm.com/gcc25.

Feb. 6-8: Abu Dhabi and Dubai 361 Roundtables and events - register interest at 361firm.com/gcc25.

*for QPs approved via our Diagnostic. **if interested in joining, email Mark at msanor@361firm.com

361Firm hosts its 2025 GCC Tour. It tentatively starts on Feb 4-5 in Riyadh with the “World With Purpose” Summit 2 + 361 Roundtables & Feb. 6-8 361 Roundtables in Abu Dhabi, Dubai and a Desert Trek. Exciting details will be shared soon and meanwhile, you can see the current World with Purpose Overview Deck, register interest at 361firm.com/gcc25 including to join our “GCC Tour Prep Call” on Thursdays at 10am ET

Since 2019, Stephen R. Burke of ARS has given opening briefings around the world, and via Zoom on Tuesdays at 11 AM since April 2020. See the Briefing Playlist on our 361 Channel. On Jan. 21, 2025, 361Firm will host our 250th Tuesday Briefing in a row. At the 200th mark, we hosted "watch party" gatherings in over 30 cities. This time we aim for 50+ locations and 250+ participants. We seek your help to co-organize (or participate in) simple informal "watch party" gatherings.

Jan. 21 Agenda (all times ET):

10:30: Participant 5-second 4-point Intros (1) name, (2) firm, and (3) city of birth and current residence

11:00: 361Firm shares the 250th "Tribute Collage" Videos*

11:15: Briefing 250 with Q&A

12:00: Receptions in some locations (e.g. lunch in NYC at ARS, 529 5th Avenue)

Watch Parties will be soon listed, and include already Houston, NY, SF, LA, Naples, Cincinnati, and Boston - more to come with your help. If interested in hosting in your city/town or neighborhood, please let us know via the form at www.361firm.com/250, so we can add to our venue list, and invite others nearby.