“You can’t connect the dots looking forward. You can only connect them looking backwards.” — Steve Jobs, speaking at the 2005 commencement ceremonies at Stanford University in Palo Alto, Calif.
It’s almost impossible to spot trends reading the news as it unfolds. Sometimes it helps to look back a decade or more to place today’s events as they unfold in the proper perspective. That’s what these weekly “Blasts from the past” retrospectives are all about.
Today’s capital fundraising climate
As Juniper Square’s Brandon Sedloff recently noted in one of his Substack posts, the fundraising climate evident at last week’s Pension Real Estate Association conference — where more than 1,000 capital fundraisers from the United States, Europe and the Asia Pacific region converged on Washington, D.C. — was fairly downbeat. Down sentiment like this is nothing new — it’s been infecting capital fundraisers pretty much sinc
