Could AI Steal Your Job?
Artificial Intelligence (AI) has been one of the hottest topics in business, finance, and technology over the past two quarters. While the concept of AI has been around since the 1950s, it wasn’t until November 2022 that AI went mainstream and became a “household topic” with the emergence of ChatGPT. Read More
Blackstone foresees a 'golden moment' in private credit after bank failures [PitchBook]
Last month, Evergreen made the argument that private credit and PE firms would benefit from the slew of bank failures triggered by Silicon Valley Bank’s (SVB) sudden collapse. In its recent Q1 2023 earnings call, Blackstone, the world’s largest alternative asset manager, reaffirmed this belief. During its call,… Read More
Believe in Inflation Expectations
By Tan Kai Xian The US inflation data for March painted a picture of moderating price pressures, with the year-on-year increases in consumer prices, producer prices, and import prices all easing. But the messaging around inflation remains discordant. In recent days, financial luminaries including JP Morgan boss Jamie Dimon, Larry… Read More
Washington State Capital Gains Tax
In March 2023 the Washington State Supreme Court upheld the capital gains tax in a 7-2 ruling, citing that it is an excise tax, not an income tax, and thus legal under state law. This new tax brings significant complexity to tax planning and filing, as well as navigating the… Read More
AI Regulation Rhetoric Heats Up
The use of artificial intelligence (AI) has grown exponentially in recent years, revolutionizing various industries and transforming the way we live and work. From self-driving cars to virtual assistants, AI is becoming an increasingly integral part of our daily lives. However, as AI becomes more advanced and its applications become… Read More
March Market Update
For this week’s Evergreen Virtual Advisor, we are releasing a podcast with our Director of Private Wealth, Jeff Otis and our Co-CIO, Jeff Dicks to summarize recent events in the banking industry. Some topics they cover: As always, thank you for listening! DISCLOSURE: This material has been prepared or is… Read More
Peace Breaks Out
By Louis Vincent-Gave Given the Ukraine war, political upheaval in France, the looming arrest of a former US president, and worrisome bank failures, it would be easy to conclude that the world is going to hell in a handbasket. Yet, amid the bad news, recent weeks have seen two encouraging… Read More
Evergreen Ventures Podcast: Uncharted Optimism
Welcome to the inaugural Evergreen Ventures podcast, Unchartered Optimism. Evergreen Ventures is the private investment arm of Evergreen. We seek investments in private markets that offer unique return profiles in markets that are less understood and not as available to the average investor. This includes venture capital, private equity, and… Read More
Evergreen Ventures Podcast: Uncharted Optimism
Welcome to the inaugural Evergreen Ventures podcast, Unchartered Optimism. Evergreen Ventures is the private investment arm of Evergreen. We seek investments in private markets that offer unique return profiles in markets that are less understood and not as available to the average investor. This includes venture capital, private equity, and… Read More
SVB'S Collapse Offers Unexpected Opportunity for Private Credit and Private Equity
Silicon Valley Bank’s (SVB) sudden collapse rocked the tech community and financial markets last week. The second-largest bank failure in US history combusted in less than 48 hours, leaving depositors unsure about whether the government, Federal Reserve, another large banking institution, or a hedge fund would help rescue billions… Read More