VC10X - What is Special Situation Investing? - Greg Ho, President, Spring Mountain Capital

Greg Ho is the President & Head of Social Impact at Spring Mountain Capital ($1.6B AUM). Greg formerly spent 16 years at McKinsey, where he helped expand the firm into 30+ new countries and oversaw the launch of its $20B investment arm as CFO. In 2001, Greg founded SMC alongside Launny Steffens, and later its social impact arm, the West Harlem Innovation Network. Links:  ⭐ Sponsored by Podcast10x - Podcasting agency for VCs - https://podcast10x.com Spring Mountain Capital website - https://www.springmountaincapital.com/ Greg Ho on LinkedIn - https://www.linkedin.com/in/gregory-ho-68126215 🎙️ Hosted by Prashant Choubey Follow Prashant on LinkedIn - https://www.linkedin.com/in/choubeysahab In this episode we talk about -  - Greg's story and how you got into investing? - The story of McKinsey’s expansion into over 30 new countries - What is Special Situation Investing? - What key qualities he looks for when selecting asset managers? & lots more Timestamps: (00:00) Introduction (03:13) Greg's journey into investing (04:26) McKinsey's global expansion strategy (07:20) Founding McKinsey's investment office (09:47) Founding of Spring Mountain Capital (11:43) What is special situation investing? (13:46) Examples of special situation investing (17:31) Explaining investment strategy to limited partners (20:49) Focus on social impact investing (25:25) Investing in underrepresented communities (29:07) Opportunity zone investing and tax benefits( 32:04) How to evaluate fund managers (34:33) Current market trends and opportunities (39:22) Impact of new administration on investment strategy (40:49) Biggest learning in investing - importance of diverse teams (41:54) Rapid fire round covering investment details For sponsorship or guest appearance requests, write to prashantchoubey3@gmail.com Subscribe to VC10X on Youtube, Spotify, Apple Podcasts.