Episode 10 - SEC Regulatory Update with Kerry Potter McCormick of Barnes & Thornburg
Release Date: 01/05/2023
“Buy land, they’re not making it anymore” with Carter Malloy, Founder and CEO of AcreTrader
The Hoosier Hub Podcast
Recorded on February 21, 2024 Carter Malloy joins the podcast to discuss an important asset class in Indiana, farmland! Carter has created two businesses that support farmland investing. Acretrader.com allows investors easier access to farmland spread across the country. Acres.com seeks to become “Zillow for farmland”. In this episode, we talk about the nature of farmland as an investment including its sensitivity to interest rates. Helpful Links: Book Recommendation: by Reed Hastings Book Recommendation: by Adam Grant Acretrader: Acres: Guest...
info_outline
“The State of VC in Indiana” with Ting Gootee, President & CEO of TechPoint
The Hoosier Hub Podcast
Recorded on March 8th 2024 Hoosier Hub Podcast host Austin Crites welcomes Chelsea Marburger, Executive Director of The Speakeasy and Operations Director of CFA Society Indy and TechPoint President & CEO Ting Gootee for a discussion on the role venture capital has to play in supporting the growth of the Hoosier economy. We discuss the state of VC and the profound changes we have seen in the past several years. Ting also elaborates on the role of RIAs in expanding the local pool of LPs. Helpful Links: Ting’s Book Recommendation: by Adam Grant Chelsea’s Book...
info_outline
“Play to Win” with Brad Chambers
The Hoosier Hub Podcast
Recorded on February 29th 2024 In this episode, we discuss Brad’s vision for growing the Hoosier economy and why it’s so important to do so. Brad’s experience as a businessman and real estate investor make for a unique conversation on how the state should think about investing in everything from infrastructure to attracting outside investment to promoting entrepreneurship and enhancing educational opportunities. Relevant Links: Brad’s Recommendations: Founders Podcast Guest Bio Hoosier-born and raised, Brad Chambers is a political outsider and self-made entrepreneur...
info_outline
“Turning ADHD into a Superpower” with Caleb Harbert
The Hoosier Hub Podcast
Recorded on January 30 th 2024 Caleb is a serial entrepreneur, starting out in lawncare and branching out into real estate investing from multi-family to land acquisition and development. In addition, Caleb has started a software company to help lawncare companies capture leads and generate estimates for customers. Today, his lawncare company, Precision Outdoors, has evolved into a high end exterior design firm including pools and patios. To round out Caleb’s portfolio, he shares his thoughts on publicly traded stocks and his aspirations to start a fund. We...
info_outline
"The Rules of Sales" with Ian Illig of Stompbox
The Hoosier Hub Podcast
Recorded on January 24 th, 2024 Ian Illig, the cofounder of Stompbox, is an expert in helping B2B founders scale sales. Ian walks us through his “Rules of Sales” that he uses with his clients to accelerate their growth. This is a very thoughtful and fun conversation that can benefit anyone that wants to grow their business. The Rules of Sales (Austin’s notes) 1. Focus (on specific customer) 2. Consistent process 3. Prepare the customer (like a doctor tells a patient what’s about to happen at the beginning of a visit) 4. Sell to people the way you would want to be sold to...
info_outline
“Municipal Bond Convention” with Jack Muller of Mackay
The Hoosier Hub Podcast
Recorded on 10/20/2023 Municipal bonds play a key role in advancing public infrastructure projects. In this episode, we focus on the Indiana Convention Center, its role in the local economy, its bonds and the relative attractiveness of municipal debt issued in the Hoosier State. If you’ve always wondered about the plumbing of how financing gets raised for public projects like the expansion of the convention center and what opportunities that creates for investors, this episode is for you! Relevant Links: Indianapolis Convention Center: 6th expansion in its history...
info_outline
“Hipster, Hacker, Hustler” with John Harden & Michael Kelly
The Hoosier Hub Podcast
Recorded September 29th 2023 Strap in for a behind the scenes look at the founder/investor relationship. Amid a global pandemic, John Harden (backed by Michael Kelly) launched Saaslio to help managed service providers (MSPs) manage a quickly growing list of SaaS applications. By the end of 2022, the company successfully exited with a sale to Auvik. John recounts his big mistake while pitching the company. Michael reveals both his biggest reservations about the deal as well as the moment he decided that John was a founder he should back. Finally, Michael shares...
info_outline
“Define Yourself” with Brad Rateike & Jonathan Kopp of BAR Communications
The Hoosier Hub Podcast
Recorded July 27th 2023 From the INDOT’s Major Moves I-69 Project & Propel Indy to Hydrogen Hub, Brad & Jonathan share their stories and experiences using communications as a tool to get infrastructure projects in Indiana to the finish line. With numerous and diverse stakeholders with interest in these projects, Brad discusses the process to “Define Yourself” as well as the strategy and legwork to ensure success. In addition, learn why experts believe Indiana is poised to become for hydrogen what Texas is for oil as the Hoosier state becomes a player in green...
info_outline
Recycling Philanthropy with Jennifer Bartenbach and Tom Kilian Jr.
The Hoosier Hub Podcast
Should we allocate capital in the community to provide the most impact? Jennifer Bartenbach (New CEO of Central Indiana Community Foundation) and Tom Kilian Jr. (President of Hamilton County Community Foundation and IMPACT Central Indiana) join the podcast to discuss their philosophy of “recycling philanthropy”. Learn about their partnership with Cook Medical and Goodwill to create jobs in Indianapolis, IMPACT’s Pitch Feast competition for entrepreneurs and more! Book Recommendations Tom: Traction by Gino Wickman Jennifer: Anything by Colleen Hoover Relevant Links Participate: The...
info_outline
Developing Hoosier Hard Tech with Nida Ansari
The Hoosier Hub Podcast
Recorded June 2nd 2023 The hard tech corridor extends from Indianapolis to Lafayette and is expected to spur of wave of investment in everything from advanced manufacturing to life sciences. At the center of it all is the 4,000 acre LEAP District in Lebanon which has already won a multi-billion dollar commitment from Eli Lilly. As a VC investor, startup mentor and ecosystem builder in the hard tech space, Nida is the perfect guest to bring us up to speed on this huge development in the Hoosier state! Nida’s Book Recommendations: Hard Tech Links: ...
info_outlineRecorded December 15th 2022
The SEC has recently made a number of changes and/or proposals around the marketing of performance reporting, due diligence on outsourcing for registered investment advisors, private funds and ESG. Kerry Potter McCormick, a partner at Indianapolis-based law firm Barnes & Thornburg, helps us understand the evolving regulatory landscape for investment firms and the implications for investment professionals.
Kerry’s Book Recommendation – The Caesars Palace Coup: How a Billionaire Brawl Over the Famous Casino Exposed the Power and Greed of Wall Street
Guest Bio
Kerry Potter McCormick, a partner at Barnes & Thornburg LLP, represents investment advisers and fund sponsors in connection with the launch and ongoing operations of various investment products and structures, including private funds, managed accounts, funds-of-one, and co-investment products. Kerry advises investment advisers (including those registered with the SEC and those exempt from such registration) with respect to ongoing regulatory compliance and services clients across a broad range of strategies, including private equity, hedge, credit, real estate, and funds-of-funds. She represents advisers throughout a product’s life cycle, from negotiating with seed and other early investors in start-up managers to fund restructurings and wind-downs. She also represents institutional investors, pension plans, foundations, family offices and high net worth individuals with respect to their investments with such advisers.
Kerry is a Member of the New York City Bar Association Private Investment Funds Committee, and also serves as the Chairwoman of the ESG Task Force for Women in Funds.
SEC Links
https://www.sec.gov/regulatory-actions/how-to-submit-comments
https://www.sec.gov/comments/s7-14-19/s71419.htm
https://www.sec.gov/rules/proposed.shtml
https://www.sec.gov/rules/final.htm
Helpful Links from Barnes & Thornburg
https://btlaw.com/people/kerry-potter-mccormick
Want to get Barnes & Thornburg alerts regularly? Sign up here:
https://insights.btlaw.com/34/967/landing-pages/dedicated-subscribe.asp
Link to the Economist chart Austin referenced regarding the correlation of testosterone and face-width to investment performance
https://www.economist.com/graphic-detail/2018/02/20/are-alpha-males-worse-investors
Who are the hosts?
Austin Crites, CFA: Austin is a past-president and current committee member of CFA Society Indianapolis. Professionally, he is the Chief Investment Officer at Aurora Financial Strategies where he manages US-focused, all-cap, style-agnostic equity strategies as the core of client portfolios. Austin is a 2008 graduate of Marian University in Indianapolis where he is now an adjunct professor in the Byrum School of Business.
Matt Henry, CFA: Matt is a Senior Investment Officer at STAR Wealth Management. He is also a Past President and a director of CFA Society Indianapolis. When he’s not managing porfolios, Matt teaches Finance 300 at Ball State University. He enjoys air conditioning, wi-fi, and the conveniences of indoor living.