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Ep.3 Christina Scarlato – The World Bank Pension Plan

From an immigrant parent and dyslexia to collegiate soccer and an MBA, Christina Scarlato dishes on life, careers, and getting your foot in the door. Hear how it doesn't matter what your major is, personal connection is everything, and mistakes are the best way to learn.

Show Notes

Ready to dig deeper? Below you'll find useful reference links and definitions of key terminology mentioned in this episode. To learn more, visit coffeeconnectors.com.

DEFINITIONS

Global Pension: Global Pension is the central coordination of local solutions that helps multinational companies increase governance and efficiency across defined contribution (DC) and legacy defined benefits (DB) retirement plans. It aims to assist multinational to companies deliver efficient, DC pension solutions to their employees.   
https://www.allianzglobalbenefits.com/solutions/global-pension

Private Equity: Private equity is the investment of equity capital in private companies. In a typical private equity deal, an investor buys a stake in a private company with the hope of ultimately realizing an increase in the value of that stake.   
https://www.investopedia.com/terms/p/privateequity.asp

Private Equity Real Estate Managers: When you invest in a private equity fund, you are investing in a fund managed by a private equity firm—the adviser.  Similar to a mutual fund or hedge fund, a private equity fund is a pooled investment vehicle where the adviser pools together the money invested in the fund by all the investors and uses that money to make investments on behalf of the fund.  Unlike mutual funds or hedge funds, however, private equity firms often focus on long-term investment opportunities in assets that take time to sell with an investment time horizon typically of 10 or more years.   
https://www.investopedia.com/terms/p/private-equity-real-estate.asp

Private Equity Funds: Private equity describes investment partnerships that buy and manage companies before selling them. Private equity firms operate these investment funds on behalf of institutional and accredited investors.   
https://www.investopedia.com/terms/p/privateequity.asp

Pension Real Estate Association (PREA)  
Founded in 1979, the Pension Real Estate Association (PREA) is a non-profit trade association for the global institutional real estate investment industry. PREA currently lists over 700 corporate member firms across the United States, Canada, Europe and Asia. Our members include public and corporate pension funds, endowments, foundations, insurance companies, investment advisory firms, REITs, developers, real estate operating companies and industry service providers. 
https://prea.org/

Public Equity: Businesses have a variety of options for raising capital and attracting investors. Generally, the two most common options are debt and equity—each of which can be structured in various ways. Equity allows a company to give investors a share of the business for which they earn returns as the business grows.   
https://www.investopedia.com/articles/investing/030415/difference-between-private-and-public-equity.asp

KEY TAKEAWAYS   
Both public and private equity have advantages and disadvantages for companies and investors. One of the biggest differences between private and public equity is that private equity investors are generally paid through distributions rather than stock accumulation. An advantage for public equity is its liquidity as most publicly traded stocks are available and easily traded daily through public market exchanges.