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Trader of the Year Hedge Fund: Conversant Capital’s David Alfred

The TRADE

I spent a lot of time in my sell-side days working as a conduit between capital markets and the origination desk within investment banking as a bridge into the public side, covering hedge funds and multi strategy investment managers for anything equity-linked and credit with a cross-asset mindset. It’s been busy.

Funds 59
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Bank of America downgrades hot IPO and Nvidia derivative CoreWeave, citing valuation

CNBC: Investing

"We acknowledge there are positive developments including: (1) a new hyperscaler customer; (2) expansion on OpenAI agreement; and (3) debt raise at lower cost of capital," analyst Brad Sills wrote in a note to clients. Skip Navigation Markets Pre-Markets U.S.

IPO 106
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Investing Principles: Lessons Learned from 20 Years of Wins, Losses, and Strikeouts

Mergers and Inquisitions

Allocations: If youre young, you should invest mostly in equities, but I believe gold and silver are often good replacements for fixed income in the traditional 80 / 20 or 60 / 40 portfolios. Investing Principles: Why a High Income Trumps Everything Else Between 2009 and 2014, I did not have a traditional portfolio via a brokerage firm.

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Corporate Finance Jobs: Cozy Careers, But Bad “Plan B” Options

Mergers and Inquisitions

Treasury: Focus on cash flow rather than Net Income and the Income Statement ; forecast the company’s cash flow needs and set up the equity or debt required to get the necessary cash in place; invest the company’s short-term cash to earn something on it and handle foreign exchange (FX) rate and other types of hedging.

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Financial advisors are turning to this asset class for diversification and stability as uncertainty rocks markets

CNBC: Investing

More advisors also embraced private debt, with about 19% of participants saying they're turning to this asset class, compared to 12.5% "The objective of alternatives is to reduce overall portfolio volatility to create more consistency in returns so that we get better compounding," he said.

S&P 94
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Wells Fargo's top ideas to help cushion your portfolio from rocky markets

CNBC: Investing

In fact, income generation is one of the firm's top five portfolio ideas for the rest of 2025. "Cash coming into a portfolio can be very important to income investors in particular, but it provides all investors with optionality," she said during a panel discussion Tuesday on the bank's investment outlook.

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Deals Don’t Fail on Paper—They Fail in People

How2Exit

E286: Deals Don’t Fail on Paper—They Fail in People - Watch here About the Guest: David Miller is a seasoned dealmaker with an unusually diverse portfolio. Seller-Financing Wins : Miller's first acquisition was a small, seller-financed deal—highlighting that not every transaction needs SBA debt or a PE fund.

M&A 130