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What Family Offices Really Look for in Investment Managers

The Mack Podcast · 2026-06-19 · 1h 7m

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Episode notes

How do family office investment committees evaluate, select, and monitor investment managers? In this panel discussion, Brian Adams is joined by investment leaders Alexander Schmidt, Yehuda Spindler, and Vadym Doroshenko to explore what happens behind the scenes when family offices assess external managers and make allocation decisions. The conversation examines the manager selection process from the initial meeting through due diligence, portfolio construction, ongoing monitoring, and eventual termination decisions. Panelists share how they identify genuine sources of alpha, evaluate competitive advantages, assess manager fit, and balance concentration with diversification. They also discuss common red flags, the importance of process discipline, and how investment committees navigate both quantitative analysis and human judgment when making investment decisions. To learn more about Mack International, please visit This episode is sponsored by BanyanGlobal Family Business Advisors.

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