BTE Newsletter #3: The Three Most Memorable Quotes From Earnings Season
This past week was very active in the world of private markets, as most major alternative asset managers released Q3/2025 earnings, bringing plenty of fresh commentary with the numbers. Closer to home, Burlington played host to the Alts x Alts Conference, a wonderful event for financial advisors focused on private markets.
To all new subscribers joining us from the conference, and to everyone else who has recently signed up, welcome! The best way you can support the newsletter and help our community flourish is by sharing it with your colleagues and friends who may also be interested.
In the meantime, if you missed any previous issues, you can get caught up here:
BTE Newsletter #1: The G Word
BTE Newsletter #2: Where Exactly Are These Cockroaches?
Ben
📢 Announcements
Calling all Asset Managers
One of the core missions of this newsletter from day one has been to actively engage asset managers, in particular those willing to share their unique perspectives. This could mean providing commentary, writing guest pieces, or conducting interviews. This initiative is designed to showcase authentic viewpoints and nuanced analysis, not to transform Beyond The Exchange into a repository of fund advertisements. The goal is always to deliver relevant commentary and compelling perspectives that genuinely benefit our readership.
Interviews with thought leaders in private markets are already being scheduled. If you are a fund manager who would like to add your voice to the conversation, please reach out by email here.
📝 Posts From the Past Week
Published Today
Alternative asset managers reported upbeat Q3 results but spent much of their time responding to negative headlines and defending their businesses.
Quick Thought: What Exactly are KKR and Apollo Drinking?
Published Thursday November 6th
And why did a beverage company turn to two of the world's largest alternative asset managers?