The Real Reason Families Avoid Blind Pools
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About this listen
Family offices don't avoid blind pool funds because of fees. They avoid them because blind pools require surrendering the one thing family capital values most: the ability to say no.
This episode unpacks why families demand co-investment rights and deal-by-deal optionality — and why flexibility is worth more than fee savings when capital is measured in generations, not quarters.
The Capital Stack — a daily briefing for family offices, next-gen principals, and trusted advisors who allocate long-term private capital.]]>
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