Mark Spindel is a highly accomplished CIO with a 35-year track record at the intersection of asset management, public policy and capital markets. His investment, institution and team building experience covers small to multi-billion dollar portfolios in the private and public sectors, across all liquid and alternative assets and risk factors. He co-authored The Myth of Independence, an award-winning history of the Fed’s relationship with Congress. Co-founder of a multi-billion dollar Chicago-based single-family office. Acknowledged for the design and implementation of high-performing investment processes, tax-exempt and tax-aware legal and partnership agreements, robust quantitative risk management and governance structures to benefit all stakeholders. Fiduciary positions include numerous PE LPACs and Board-level oversight. Mark’s creative, entrepreneurial activities in asset management include launching four different asset management businesses over the course of his career, including his own, near-billion dollar hedge fund. He has underwritten over a dozen first-time private-equity funds and serves as an advisor to three unique investment businesses. This year, Mark helped design and launch an innovative and timely inflation-hedging ETF for RIAs and small institutions, offering the first-ever limited-duration TIPS fund. He began his career at Salomon Brothers working for Henry Kaufman, helped build Salomon’s asset management business, became the CIO and Deputy Treasurer for the World Bank’s $30bn International Finance Corporation and managed the District of Columbia’s $11bn municipal retirement fund. He spent twelve years as CEO and CIO of Potomac River Capital – a registered, macro hedge fund he launched in 2007. Mark is a 1987 graduate of Cornell University’s School of Engineering and is a member of the Board of Visitors of UCLA’s Economics Department, where he is also an Investor-in-Residence.
Mark Spindel is a highly accomplished CIO with a 35-year track record at the intersection of asset management, public policy and capital markets. His investment, institution and team building experience covers small to multi-billion dollar portfolios in the private and public sectors, across all liquid and alternative assets and risk factors. He co-authored The Myth of Independence, an award-winning history of the Fed’s relationship with Congress. Co-founder of a multi-billion dollar Chicago-based single-family office. Acknowledged for the design and implementation of high-performing investment processes, tax-exempt and tax-aware legal and partnership agreements, robust quantitative risk management and governance structures to benefit all stakeholders. Fiduciary positions include numerous PE LPACs and Board-level oversight. Mark’s creative, entrepreneurial activities in asset management include launching four different asset management businesses over the course of his career, including his own, near-billion dollar hedge fund. He has underwritten over a dozen first-time private-equity funds and serves as an advisor to three unique investment businesses. This year, Mark helped design and launch an innovative and timely inflation-hedging ETF for RIAs and small institutions, offering the first-ever limited-duration TIPS fund. He began his career at Salomon Brothers working for Henry Kaufman, helped build Salomon’s asset management business, became the CIO and Deputy Treasurer for the World Bank’s $30bn International Finance Corporation and managed the District of Columbia’s $11bn municipal retirement fund. He spent twelve years as CEO and CIO of Potomac River Capital – a registered, macro hedge fund he launched in 2007. Mark is a 1987 graduate of Cornell University’s School of Engineering and is a member of the Board of Visitors of UCLA’s Economics Department, where he is also an Investor-in-Residence.
In Episode 414 of Hidden Forces, Demetri Kofinas speaks with Mark Spindel about monetizing government policies and how an improved understanding of their effect on markets can enhance the value and performance of your portfolio.
Demetri and Mark Spindel spend the episode’s first hour evaluating Trump’s first 100 days in office, assessing his policy objectives and his effectiveness (or ineffectiveness) in turning those policies into tangible economic and political victories for his administration. They discuss:
Tariff-induced supply chain disruptions
Price inflation
Higher interest rates
Lower asset prices
A falling U.S. Dollar
In the second hour, Spindel and Kofinas focus on the investment implications that stem from a more accurate understanding of government policy and its effect on markets. Listeners will walk away with a deeper understanding of:
The government’s role in the economy
The myth of Fed independence
How policy impacts equity and bond performance
The role of alternative safe assets
The impact of new tax regimes on investment outcomes
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Mark Spindel is a highly accomplished CIO with a 35-year track record at the intersection of asset management, public policy and capital markets. His investment, institution and team building experience covers small to multi-billion dollar portfolios in the private and public sectors, across all liquid and alternative assets and risk factors. He co-authored The Myth of Independence, an award-winning history of the Fed’s relationship with Congress.Co-founder of a multi-billion dollar Chicago-based single-family office. Acknowledged for the design and implementation of high-performing investment processes, tax-exempt and tax-aware legal and partnership agreements, robust quantitative risk management and governance structures to benefit all stakeholders. Fiduciary positions include numerous PE LPACs and Board-level oversight.
Mark’s creative, entrepreneurial activities in asset management include launching four different asset management businesses over the course of his career, including his own, near-billion dollar hedge fund. He has underwritten over a dozen first-time private-equity funds and serves as an advisor to three unique investment businesses. This year, Mark helped design and launch an innovative and timely inflation-hedging ETF for RIAs and small institutions, offering the first-ever limited-duration TIPS fund. He began his career at Salomon Brothers working for Henry Kaufman, helped build Salomon’s asset management business, became the CIO and Deputy Treasurer for the World Bank’s $30bn International Finance Corporation and managed the District of Columbia’s $11bn municipal retirement fund. He spent twelve years as CEO and CIO of Potomac River Capital – a registered, macro hedge fund he launched in 2007.Mark is a 1987 graduate of Cornell University’s School of Engineering and is a member of the Board of Visitors of UCLA’s Economics Department, where he is also an Investor-in-Residence.
Demetri Kofinas is a media entrepreneur and financial analyst whose mission is to help uncover the hidden forces and pivotal patterns shaping our lives. His contrarian perspective and critical-thinking approach has helped hundreds of thousands of people make smarter, informed decisions. This same methodology has helped guide Demetri’s decision-making as an early-stage investor and as a creator of several innovative media properties and live events.
Demetri Kofinas is a media entrepreneur and financial analyst whose mission is to help uncover the hidden forces and pivotal patterns shaping our lives. His contrarian perspective and critical-thinking approach has helped hundreds of thousands of people make smarter, informed decisions. This same methodology has helped guide Demetri’s decision-making as an early-stage investor and as a creator of several innovative media properties and live events.
Demetri Kofinas is a media entrepreneur and financial analyst whose mission is to help uncover the hidden forces and pivotal patterns shaping our lives. His contrarian perspective and critical-thinking approach has helped hundreds of thousands of people make smarter, informed decisions. This same methodology has helped guide Demetri’s decision-making as an early-stage investor and as a creator of several innovative media properties and live events.
Demetri Kofinas is a media entrepreneur and financial analyst whose mission is to help uncover the hidden forces and pivotal patterns shaping our lives. His contrarian perspective and critical-thinking approach has helped hundreds of thousands of people make smarter, informed decisions. This same methodology has helped guide Demetri’s decision-making as an early-stage investor and as a creator of several innovative media properties and live events.
Demetri Kofinas is a media entrepreneur and financial analyst whose mission is to help uncover the hidden forces and pivotal patterns shaping our lives. His contrarian perspective and critical-thinking approach has helped hundreds of thousands of people make smarter, informed decisions. This same methodology has helped guide Demetri’s decision-making as an early-stage investor and as a creator of several innovative media properties and live events.
